African Copper PLC is an UK incorporated company that holds prospecting and retention licences in north eastern Botswana:
the northern Dukwe Project (covering approximately 319 km2) which contains a near production target (the Dukwe deposit) and a number of exploration areas; and

the southern Matsitama Project (covering approximately 4,000 km2) which contains a large number of prioritized exploration targets.
Location Map
Two Large Project Maps


Dukwe Project Overview

The Dukwe deposit, which is contained within the Dukwe Project, has been traced by drilling and surface sampling over a total strike length of 4,370 m, of which the central 2,000 m section is currently being considered for selective underground mining. The deposit has been tested by drilling to a maximum depth of 550 m. The deposit contains near-surface supergene and transition copper resources and a substantial underlying sulphide resource. The Company intends to develop a flotation concentrator and underground access at Dukwe throughout 2007, subject to financing. Under this timetable, commericial production would be realized in early 2008 at a rate of about 44 million pounds of copper per year.

The southerly Matsitama Project is a 4,000 km2 prospective exploration area containing numerous showings of copper, lead-zinc and nickel and covering the entire Matsitama Belt. A number of strataform and stratabound sedimentary hosted copper deposits are known to occur within the belt. A large number of high amplitude geochemical anomalies also exist, but these latter targets have seen virtually no exploration. Af4rican Copper has embarked on a multi-year exploration programme in Matsitama and intends to complete a pre-feasibility study on the Thakadu/Makala copper-silver deposits in 2006.





Sun Dec 31, 2006
Share Structure

--------------------------------------------------------------------------------
Shares Issued 128.84m
Market Cap 83.75m


Key Personnel
CEO Joseph Hamilton
COO Chris Fredericks



http://www.africancopper.com/s/Home.asp

http://www.metalprices.com/FreeSite/metals/cu/cu.asp

FOR: AFRICAN COPPER PLC

TSX, AIM SYMBOL: ACU

July 25, 2007

African Copper Plc: Independent Resource Estimate for Thakadu Copper-Silver Project Shows Potential for New Development

LONDON, UNITED KINGDOM--(CCNMatthews - July 25, 2007) - African Copper Plc (TSX:ACU)(AIM:ACU)(BSE:AFRICAN COPPER) -

- Final results have been received from RSG Global Consulting ("RSG") for a resource estimate at the Company's 100% owned Thakadu Project in Botswana.

- RSG reports an estimated indicated mineral resource of 4.715 million tonnes grading 1.72% copper and an estimated inferred mineral resource of 0.961 million tonnes at 1.29% copper. In each case, estimated mineral resources represent a mineralized envelope based on a 0.25% copper cut-off utilizing ordinary kriging.

- Contained within this estimate, is an indicated silver resource of 3.558 million tonnes grading 16 g/t silver.

- These mineral Resource Estimates are SAMREC, JORC and NI 43-101 compliant.

- Locked cycle metallurgical results show average abrasion and bond work indices for the style of mineralisation with 92% to 94% recovery producing a concentrate grading between 30% and 32% copper.

- The Company is proceeding with open pit optimisation studies with the objective of early exploitation of this resource.

African Copper Plc ("African Copper" or the "Company") is pleased to announce the results of comprehensive mineral resource estimates for the Company's Thakadu Project in Botswana completed by independent consultants RSG Global Consulting ("RSG"). These estimates include data from 7,700 metres of infill and twin hole drilling in 42 drill holes and incorporate data from 70 historic drill holes (12,200 metres).

"Thakadu has always represented the most advanced exploration property for African Copper after the Dukwe Project. The delivery of mineral resource estimates for Thakadu greatly enhances our ability to complete scoping level studies on these deposits", commented Joseph Hamilton, Chief Executive Officer of African Copper.

"We are excited and encouraged by the results of our latest drilling programme both for the confidence level in our resource estimates and for the increased understanding of the geology of the area. We have prioritized a number of excellent exploration targets along strike from Thakadu and are currently drilling these in a systematic manner."

The Thakadu deposit is a broadly stratabound disseminated copper-silver deposit hosted in a deformed quartzite unit that is immediately adjacent biotite schists. Mineralisation generally occurs as chalcopyrite and bornite which has been oxidized to malachite, azurite and tenorite in the near surface portions (less than 40 metres) of the deposit. Mineralisation boundaries are sharp. Mineralisation is largely contained within the quartzite units but may locally extend into the adjacent biotite schist in areas of intense mineralisation. The quartzite unit ranges in thickness from 2 metres to over 30 metres and strikes west-northwest with a 40 degrees to 70 degrees south-southwest dip. Mineralisation seems to have a moderate plunge to the west-southwest at about 41 degrees.

RSG reports an estimated indicated mineral resource of 4.715 million tonnes grading 1.72% copper (178.7 million pounds of contained copper) and an estimated inferred mineral resource of 0.961 million tonnes grading 1.29% copper (27.37 million pounds of contained copper) (See Table 1). In each case estimated mineral resources represent a mineralized envelope based on a 0.25% copper cut-off utilizing ordinary kriging. The Company believes that the use of a 0.25% cut-off is African Copper Plc Press release 25 July 2007 Page 1 of 1 appropriate given the stratabound nature of the mineralisation and the sharp assay cut-offs that exist.

Historic drilling at Thakadu did not always include silver assays. All recent drilling included assays for silver. As a result outlying areas of the mineralisation could not be included in the volumes utilized for estimating the silver resource. Consequently the tonnage reflected in the estimate for silver resources is a subset of the copper resource estimate. RSG reports an estimated indicated mineral resource of 3.558 million tonnes grading 16 g/t silver (1.88 million ounces of contained silver).

Locked cycle metallurgical tests have been completed on samples of mineralisation from the Thakadu mineralisation. A total of 263.44 kilograms of drill core was collected across the drilled strike length of the Thakadu mineralisation and was submitted for testing. Abrasion and bond work indices show global averages for copper mineralisation. Flotation tests have shown mass pulls between 6% and 9% with 92% to 94.6% recoveries of contained copper resulting in a concentrate with a copper grade between 30% and 32.4%. All metallurgical work was completed at SGS Lakefield Research Africa (Pty) Ltd., an independent and internationally accredited laboratory facility.

African Copper is proceeding with open pit optimisation studies in preparation for exploitation studies of the Thakadu deposit. Following these studies, the Company will review the possibility of integrating Thakadu into the Dukwe mine plan, or examine stand-alone possibilities. A number of high-priority geochemical-geophysical exploration targets are currently under study in the vicinity of Thakadu. Results will be released as they become available.

Table 1: Mineral Resource Estimates for Thakadu Project (prepared by RSG Global Consulting, July 2007)

/T/

------------------------------------------------------------------------ Indicated Mineral Resource ------------------------------------------------------------------------ Copper Resource Silver Resource ------------------------------------------------------------------------ Grade Content Grade Content Tonnage Cu(%) lbs Tonnage Ag (g/t) Troy ozs ------------------------------------------------------------------------ Oxide 1,142,000 2.44 61,461,000 1,141,000 22 825,000 ------------------------------------------------------------------------ Sulphide 3,573,000 1.49 117,264,000 2,417,000 14 1,057,000 ------------------------------------------------------------------------ Total 4,715,000 1.72 178,725,000 3,558,000 16 1,882,000 ------------------------------------------------------------------------ Inferred Mineral Resource ------------------------------------------------------------------------ Sulphide 961,000 1.29 27,374,000 ------------------------------------------------------------------------

/T/

Note: RSG Global Consulting ("RSG") is an independent consulting firm commissioned by African Copper. The above RSG estimates were prepared under the supervision of Ken Lomberg, Pr. Sci. Nat.. who is an employee of RSG and a "Qualified Person" for the purposes of National Instrument 43-101 in Canada. Mr. Lomberg has reviewed and approved the contents of this press release. The estimates have been completed to SAMREC, JORC and National Instrument 43-101 definitions and standards. All sample preparation and analyses were completed at ALS Chemex laboratories in Johannesburg (ISO 17025 accredited and independent of African Copper and RSG). Copper and silver assays are completed using standard preparation of crushing to 70% less than 2 mm followed by splitting and pulverizing to 85% less than 75 micron. Analyses were generally completed utilizing 27 element four-acid ICP-AES in addition to a four-acid ore-grade element digestion followed by ICP-AES. Any over-limit analyses were reanalyzed using an ore-grade four-acid digestion with AA or ICP-AES finish. QA/QC procedures included the submission by RSG of systematic duplicates, blanks and both low-grade and high-grade standard samples within the sample batches submitted to ALS Chemex. Control samples comprise 20% of all samples submitted. Referee analysis for the dataset has been completed. The results of the QA/QC programme for copper analyses have been reviewed by RSG. RSG utilized an ordinary kriging methodology with block size of 10m x 10m x 3m and 1 m composites to complete the estimates. In addition to a number of geological criteria, indicated resources in this model are the sum of those blocks that have a minimum of 3 composite samples and a maximum of 20 composites contained with a maximum of six samples from a single drillholes and that lie within a 135 metre distance of the centre of the block estimated. In addition to a number of geological criteria, inferred resources are the sum of those blocks, not in the indicated category, that have a minimum of 1 composite sample and a maximum of 50 composite samples from a maximum of 6 samples from a single drillholes and that lie within 180 metres of the centre of the block estimated. Omni-directional variograms were utilized and major and semi- major axes of the search ellipse were rotated 45 degrees from vertical and horizontal respectively. Average oxide bulk density was 2.61 grams per cubic centimetre and average sulphide bulk density was 2.75 grams per cubic centimeter.

African Copper Plc Press release 25 July 2007 Page 2 of 2 Additional information with respect to the Thakadu Project is contained in a technical report dated March 30, 2006 and entitled "Technical Report on the Dukwe Copper Project and Matsitama Prospecting Licences, Botswana, Africa", a copy of which can be obtained under the Company's profile on SEDAR at www.sedar.com. A new National Instrument 43-101 technical report describing the property and the above resource estimates will be filed on the SEDAR website shortly.

African Copper is a tri-listed (AIM, TSX, Botswana Stock Exchange) international exploration and development company. The Company is planning to develop its first copper mine at the Dukwe Project in Botswana and commence production in 2008. The Company's other interests are the 2,000 sq km Matsitama exploration concession adjacent to Dukwe, which contains two known copper deposits and numerous base metal exploration targets. African Copper has approximately 139.6 million shares outstanding.

Mr. Joseph Hamilton, P.Geo., and Chief Executive Officer of African Copper, is a "qualified person" as defined in Canada by National Instrument 43-101. Mr. Hamilton has verified the data pertaining to the metallurgical testwork in this press release. This press release has been prepared under Mr. Hamilton's supervision.

This press release contains or refers to forward-looking information, including statements regarding the estimation of mineral resources, exploration results, potential mineralisation, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions, and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral resources to reserves, the grade and recovery of ore which is mined varying from estimates, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks arising from operating in Africa, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward-looking statements. These forward- looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by law.

The mineral resource figures for the Thakadu project disclosed in this press release are estimates and no assurances can be given that the indicated levels of copper and silver will be produced. Such estimates are expressions of judgment based on knowledge, mining experience, analysis of drilling results and industry practices. Valid estimates made at a given time may significantly change when new information becomes available. While the Company believes that the resource estimates disclosed in this press release are well established, by their nature resource estimates are imprecise and depend, to a certain extent, upon statistical inferences which may ultimately prove unreliable. If such estimates are inaccurate or are reduced in the future, this could have a material adverse impact on the Company. Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that mineral resources can be upgraded to mineral reserves through continued exploration. The Company is not aware of any environmental, permitting, legal, title, taxation, socio-political, marketing or other issue that may materially affect these estimates of mineral resources

http://www.botswanaresourceconference.com/page.asp?pg=programme

Interesting Read !

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/27/cnhamb127.xml

Author: Dorothy Kosich
Posted: Monday , 06 Aug 2007

RENO, NV -

The combination of strong global demand and a struggling supply, Citigroup envisions a structural change in copper markets, which convinced London-based analysts to upgrade 2008-2010 copper price forecasts to US$3-3.50/lb.

In their recent report, "Metals and Mining Strategy Copper Look at These Prices," analysts Craig Sainsbury, Heath R. Jansen and Liam Fitzpatrick increased their local-term copper price forecasts from $1.10/lb to $1.45/lb. The 32% increase is driven by the combination of structural costs increases for existing producers, combined with increasing capital and operating cost hurdles.

The analysts also predicted that UK-based copper miners will deliver 1.4mt of new copper production, representing 25% of additional global supply. "Therefore copper bulls, the better leverage will be in growth stocks such as First Quantum, Antofagasta, Vendanta and Xstrata," they asserted.

Meanwhile, Citigroup recommended First Quantum Minerals (FQM) as its preferred pure play copper exposure, "given the longer-term strategic upside (exploration/development potential in Africa) as well as our belief that FQM is a prime potential takeover target."

The analysts asserted that further upside value in equities would need to be driven by exploration success; further copper price upside; cost reduction; improved profile; and M&A activity. Based on these drivers, Sainsbury, Jansen and Fitzpatrick highlighted "Xstrata and First Quantum as the two most likely companies to deliver."

Citing FQM's early-mover advantage in the Zambian/Congolese copper belt, and projects such as Kashimie, the expansion of Guelb Meghrein and Frontier, the analysts noted "there is a potential for FQM to be a 600ktpa-plus producer by 2010.

Meanwhile, the analysts declared that "Xstrata has one of the best stables of copper projects among its global peers. Projects such as the debottlenecking of Collahuasi, Las Bambas, Tampakan and El Pachon have the potential to add 500kt of new production for XTA by 2012/"

Citigroup noted that "cash generation remains a strong theme for all the miners. Between now and 2010, we see the copper-exposed equities generating 70% of their current market value in surplus." The analysts explained that "with the strong commodity prices and limited avenues for capital investment, we see significant build up of cash on the balance sheet."

African Copper Q2 loss narrows; making progress on production for Mowana Mine
AFX


LONDON (Thomson Financial) - African Copper PLC reported a narrower second-quarter loss mainly attributable to increased bank interest receivable, adding 'significant' progress is being made towards production of copper from the Mowana Mine at the end of the first quarter of 2008.

The company posted a net loss of 49,761 stg for the three months to June compared with 254,523 stg in the year-ago period.

Its bank interest receivable came in at 785,736 stg, up from 239,461 stg.

The increased administrative expenditure and share based compensation costs were more than offset by the bank interest receivable for the period, the company said in a statement.

FOR: AFRICAN COPPER PLC

TSX, AIM SYMBOL: ACU

August 20, 2007

African Copper Plc: Disclosure of Shareholding

LONDON, UNITED KINGDOM--(Marketwire - Aug. 20, 2007) - African Copper Plc (TSX:ACU)(AIM:ACU)(BOTSWANA:AFRICAN
COPPER) received notification on 20 August 2007 that RAB Special Situations (Master) Fund Ltd has a notifiable
interest in 8,308,810 ordinary shares in the Company. This interest represents 5.95% of both the Company's
current issued share capital and of total voting rights.

-30-

Copper rules the metal markets

Copper, long seen as a proxy for global economic activity, is doing all right, along with copper stocks, as Chinese consumption continues to increase.
Author: Barry Sergeant
Posted: Wednesday , 22 Aug 2007

JOHANNESBURG -

The dollar price of copper - levels of which are used by some investors as a proxy for global economic activity - has outperformed many other metals and commodities during recent bouts of profit taking in equity markets, triggered by uncertainties in credit markets, which stemmed, in turn, from rising failures in the US subprime mortgage bond market.

Measured in dollar terms, copper is about 10% up on the start of the calendar year, but 15% off its May highs. The price has shown a strong correlation with moves in the Standard & Poor's 500, and has supported relatively smaller losses of listed copper stocks, when measured against other groups of mining stocks. The copper grouping has performed almost as well as the major diversifieds grouping, where several individual members rank, as such, as major copper producers.

http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=25815&sn=Detail

From today's Minesite:

BASE METALS OFFERING HIGH RETURNS
Copper developers ripe for consolidation

Near-term development projects offer better returns compared to producers, says Raymond James.
Author: Tessa Kruger
Posted: Thursday , 06 Sep 2007

JOHANNESBURG -

Copper companies with advanced development projects could offer investors high returns compared to cash flowing mining companies as consolidation in the copper development sector is pending.

Advanced stage projects in the development sector will become more of a takeover focus in the next few months as the need of mid-cap to large cap metal companies to expand their project pipeline becomes more pressing, said Raymond James analysts Tom Meyer and Miroslav Vukomanovic.

Meyer said in an Equity Research note that the project development group of copper companies now traded at a discount of 30% to the group of copper producers compared to a 20% discount in mid-July.

This comes on the back of the reversal in base metal equity prices from July peaks.

Copper producers trade at a weighted average P/NAV of 0.91 times and copper development companies trade at 0.64 times.

Meyer said deeper discount could be found in development companies with a production time line beyond the liquid end of copper forward curve, which remains in steep backwardation.

Increasing development constraints, such as permitting, political issues or sourcing of equipment or labour, which could expand the typical eight to ten year mine implementation timeline, should boost the valuation of the more advanced of these projects.

The estimated payback on the acquisition of the more attractive development projects ranges from five to nine years, if a flat forward copper price of US$2.50/lb is assumed.

This estimation is based on the cost of acquiring the shares in the market without a premium, cost of developing the project and waiting for production to start.

"Considering that exploration to production typically takes eight to ten years, depending on the size and political jurisdiction of a project, we believe advanced stage projects will become more of a focus in the coming months."

Meyer said a number of companies were possible take-out targets in the pending consolidation in the small and mid-cap copper space.

Inca Pacific (TSX.V:IPR) tops the desirable acquisition list on the basis of valuation, acquisition payback and overall risk profile criteria and is followed by Northern Peru Copper (TSX:NOC) and Chariot Resources (TSX:CHD).

Inca Pacific is an inexpensive development company, with shares trading at a P/NAV of 0.13 times. It has a five year acquisition payback and the prospect of 30% of future revenues derived from molybdenum production.

Northern Peru's Galeno copper project is the second largest copper project not yet owned by a major mining company. It has potential for infrastructure sharing with the neighbouring Michiquillay recently acquired by Anglo American.

Chariot Resources' probability of acquisition increases as the feasibility study on its 70% owned Marcona project is due for release in first quarter of 2008.

Equinox Minerals (TSX:EQN), Northern Dynasty (TSX.V:NDM, AMX:NAK) and African Copper (TSX:ACU, AIM:ACU) are respectively ranked in the fourth, fifth and sixth places of desirable acquisitions.

Equinox is an attractive takeout target on the basis of its current share valuation of P/NAV of 0.56 times, an estimated 6.2 year payback in a takeout scenario and its Lumwana copper project is expected to start production in second quarter 2008.

Northern Dynasty is fully financed from an equity perspective for its 50% share of the world-class Pebble project in Alaska. And African Copper is expected to start production at its wholly owned Dukwe mine in first quarter of next year.

Meyer believes positive cash flow from Dukwe along with the extensive Matsitama exploration land package could be an attractive combination for a small to mid-cap copper producer to consolidate into an existing portfolio of producing mines.

http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=26708&sn=Detail

RNS

September 18, 2007

African Copper Receives Licence Renewal for Over 3,500sq km of Matsitama Exploration Property in Botswana

- 88% of original exploration land position retained to June 30, 2009

LONDON, UNITED KINGDOM--(Marketwire - Sept. 18, 2007) - African Copper Plc ("African Copper" or the "Company") (TSX:ACU)(AIM:ACU)(BOTSWANA:AFRICAN COPPER) is pleased to announce that the exploration licence renewal application submitted by African Copper to the Botswana Geological Survey ("BGS") was accepted for the Matsitama Exploration Licences, adjacent to the Mowana Mine licences.

These four exploration licences (PL14/2004, 15/2004, 16/2004 and 17/2004), totalling 3,528 sq km (see Figure 1) represent approximately 88% of the original licence area granted in 2004 and allow African Copper to continue carrying out its aggressive exploration programs in the prospective Matsitama volcano-sedimentary fold belt.

Including exploration licences surrounding the Mowana Mine, African Copper now maintains a land position of over 3,800 sq km in Botswana.

"We are very enthusiastic about the prospects for this licence area and are pleased that the BGS has allowed us to retain such a large percentage of the original land position," commented Joseph Hamilton, CEO. "This allows the Company to retain the best exploration targets in a contiguous package. Systematic exploration programs continue throughout the belt. We are very encouraged by the results of our exploration and remain confident that our efforts will result in further mineralisation that may support our operations at the Mowana Mine."

African Copper PLC

African Copper is a tri-listed (AIM, TSX, Botswana Stock Exchange) international exploration and development company. The Company is currently developing the Mowana Mine at the Dukwe Project in Botswana, southern Africa, and anticipates copper production in the first half of 2008. The Company's other interests are the 3,500sq km Matsitama exploration concession adjacent to the Mowana Mine property, which contains two known copper deposits and numerous base metal exploration targets. African Copper has approximately 139.6 million shares outstanding.

This press release contains or refers to forward-looking information, including statements relating to exploration results, potential mineralisation, exploration and mine development plans, future production, timing of the commencement of operations and estimates of market conditions, and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to convert estimated mineral resources to reserves, the grade and recovery of ore which is mined varying from estimates, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks arising from operating in Africa, uncertainties relating to the availability and costs of financing needed in the future, the possibility that future exploration results will not be consistent with the Company's expectations, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results.

Readers should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by law.

Further information about our properties, to download a copy of our Annual Report or any technical report or to access our Press Release Archive please visit www.sedar.com or our website at www.africancopper.com.

FIGURE 1 - Matsitama Exploration Concessions: http://www.ccnmatthews.com/docs/afcomap.pdf

FOR: AFRICAN COPPER PLC

TSX, AIM SYMBOL: ACU

November 14, 2007

African Copper Releases Third Quarter 2007 Results

LONDON, UNITED KINGDOM--(Marketwire - Nov. 14, 2007) -

PRESS RELEASE
14 November 2007

www.africancopper.com


AIM: ACU
TSX: ACU
Botswana Stock Exchange: African Copper

AFRICAN COPPER Plc

African Copper Releases Third Quarter 2007 Results

Highlights

"We are very pleased with the progress being made on the development of the Mowana Mine. The
processing plant remains on track for completion by the end of 2007" said Joseph Hamilton, CEO. "The
total cost estimate for the flotation concentrator and related facilities is estimated to be ZAR 464.4
million (Pounds Sterling 33.1 million or US$67.4 million). This is an 8.2% increase over the initial
2006 estimate. Optimization studies for the open pit are essentially complete. We are awaiting
delivery of a feasibility study that includes the capital cost for a dense media separation ("DMS")
plant which could increase the efficiency of the concentrate production process. An updated NI 43-101
compliant technical report (the "Technical Report") covering the entire Mowana mine project is
expected to be delivered before the end of November."

Financial Performance

- Q3 net gain of Pounds Sterling 393,693 or 0.28p per share. Year-to-date net gain of Pounds Sterling
264,220 or 0.20p per share. Higher bank interest receivable, foreign exchange gains and lower costs
related to share-based compensation all contributed to the gain.

- Capital expenditures on the development of the Mowana Mine amounted to Pounds Sterling 10.3 million
during the three months ended 30 September 2007 and Pounds Sterling 20.4 million during the nine
months ended 30 September 2007.

- As at 30 September 2007 the Company had assets of approximately Pounds Sterling 79.0 million (2006 -
Pounds Sterling 70.0 million) with gross cash balance totalling Pounds Sterling 34.6 million (2006 -
Pounds Sterling 53.3 million).

Update on the Development of the Mowana Mine

- There are approximately 400 employees and contractors on site.

- Moolman Mining Botswana (Pty) Ltd ("Moolmans") has started mobilization of the mining equipment and
commenced pre-stripping. Drill-blast-load operations commenced in the quarter.

- Company has placed 88 out of a forecasted 108 equipment orders. A further 11 orders have been
initiated and will be placed shortly. Of the remaining 9, only two relate to the start up of the
project.

- The Company has hired all senior supervisors and interviewed all concentrator staff.

- Subsequent to quarter end, the construction of ten out of the fifty staff houses began.

- Operating policies continue to be implemented at the Mowana Mine.

- An amended EIA for a fuel farm was given approval in October 2007.

- Test work on a DMS has been completed. A feasibility study of the DMS plant and the Technical Report
on the Mowana Mine should be available by the end of November.

- Pre-stripping activities have accelerated with the arrival of major mining equipment. About 4.8
million tonnes of material have been moved by the end of October; the current plan estimates that 7.5
million tonnes will be moved by year end.

- Construction activities are expected to be completed by late in the fourth quarter of 2007, cold
commissioning of the processing plant beginning early in the first quarter of 2008 and hot
commissioning beginning in mid to late first quarter resulting in the production of first concentrate
early in the second quarter of 2008.

Update on the Exploration Activities

- Exploration within the Mining Licence has encountered new mineralization about 350 metres south of
the pit boundary, and drilling in the second and third quarters of 2007 concentrated on the
delineation of this new resource that can be incorporated into a mine plan.

- Outside of the Mining Licence, follow-up drilling was completed in the third quarter to examine
targets identified through a geophysical survey. It is the Company's intention to search for open-pit
deposits in these areas. Drill results are being compiled as assays are received.

- Exploration continues in the vicinity of the Thakadu deposits to define further mineralisation that
may enhance the economics around a stand-alone plant at the deposit. Alternatively, the Thakadu
deposit may be scheduled into the Mowana life-of-mine plan, if insufficient material is identified to
support a stand-alone operation at this site.

- Work continues at Nakalakwana Hill where a low-grade copper-gold system has been identified. Results
of a 7-hole Phase 1 drill programme will be released by the end of November 2007. A Phase 2 programme
has commenced with two holes completed to date.

- Surface trenching at Gaokae has been completed and results are being received for a large scale
geochemical survey that has been completed over this area. Gaokae is a nickel target within ultramafic
to mafic intrusions at the basal part of the Matsitama schist belt. When all results have been
received and assessed, a drill programme will be designed and implemented.

- Under Botswana legislation, the Company was required to drop 50% of the surface area covered by the
Matsitama exploration licenses at the end of the first quarter of 2007. The Company applied to the
Geological Survey of Botswana to keep approximately 80% of the surface area of the licenses. Early in
the third quarter, the Geological Survey approved the application to retain 88% of the ground.

A full Management's Discussion and Analysis of results for the quarter and nine months ended 30
September 2007 and Financial Statements for the Company for the quarter and nine months ended 30
September 2007 are available on SEDAR at

LONDON (Thomson Financial) - African Copper PLC said pre-strip mining and construction at its Mowana mine in Botswana are on track for concentrate production early in the second quarter of 2008.

The company's strategy is to commence mining at Mowana by extracting the open-pit reserve to provide initial production and cash flow. Ore is now exposed on a number of faces within the open-pit.

However, African Copper said it has also commissioned a pre-feasibility study to investigate the viability of the larger underground reserves at Mowana. 'The results of this study should be available by the end of 2007, and if viable, would extend the life of Mowana well beyond 2014,' it said.

The company also said it is finalizing an off-take agreement with a metal broker and expects to have a deal in place by the end of 2007.

TFN.newsdesk@thomson.com

ran/ra

http://www.miningreview.com/archive/mra_5_2007/pdf/MRA%205%202007%20%20-%20African%20copper%20-%20PG51-53.pdf

Of Interest: 11/12/2007

RENO, NV -

UBS Lead Analyst Joachim Klement recently stated that he felt the base metals price outlook for next year was weaker as the slowdown in the U.S. economy is expected to result in a drag in demand although he expects "copper and aluminum to buck the trend and outperform the complex."

However, he warned, "a crucial factor in the near future could be measures taken by governments aimed at environmental protection by curbing energy intensive industries," noting that China and Indonesia are already "initiating steps in this direction."

In a recently published analysis, Klement suggested the slowdown in the U.S. economy will lead to a fall in commodities demand, "especially crude oil and copper as the U.S. is amongst the largest consumers globally. Historically, the performance of industrial metals mirrors U.S. industrial production. Slowing industrial production could severely dent the demand for commodities."

Klement noted that warehouse stocks of industrial metals are still at low levels with copper and zinc stocks at 2.6 and 2.5 weeks consumption respectively, while nickel is at four weeks.

"We feel the imposition of export taxes by China, one of the largest producers and consumers of base metals, to restrain the increasing prices and cool its rapidly expanding economy, could be the pivotal drivers of prices in 2008," according to Klement. "This development may be particularly favorable for aluminum and copper."

UBS asserted that copper prices could outperform in 2008 due the surge of imports of refined copper, and a 23% increase in Chinese copper usage this year, which is anticipated to rise an additional 6% in 2008. UBS also anticipates that the present tightness in the concentrate markets may continue as low treatment and refining charges may result in reduced smelter output next year.

"Another crucial factor which is likely to come into the picture on further dips in prices is buying interest from the Chinese State Reserve Bureau as it seeks to replenish inventories," Klement stated, adding that copper continue to be vulnerable to production outages.

UBS asserted that aluminum could be the strongest performer among base metals. Among the factors cited by Klement is the possibility that the world's largest producer and consumer of aluminum, China, could turn into a net importer due to export taxes.

Meanwhile, UBS expressed skepticism that lead could continue its price surge. "The scenario next year could be different, slowing demand and increased supplies would cause prices to weaken over the next year. Main factors which could generate this scenario include the possible resumption of exports from Ivernia's Magellan mine, which generates 3.5% of global lead output. Independent analysts estimate Chinese exports could increase 24% next year to 351,000 metric tons. Klement noted that lead inventories in LME warehouses have increased 89% since October 1. "We think rising inventories and the possible onset of a decline in demand may continue to weigh on prices," he said.

While tight global supplies caused zinc to rally this year, UBS forecast that "strong growth in mine production and the addition of new smelters in China during the second half of 2008 is likely to keep the market well supplied, hence weakness could be seen in zinc."

Finally, UBS noted that nickel prices have fallen "due to weak demand from stainless steel producers," who account for about 70% of nickel demand. "In our view, the weakness in stainless steel market is likely to persist in 2008," Klement predicted.

LONDON (Thomson Financial) - Toronto-listed African Copper PLC said it has finalised a five-year off-take agreement covering 100 pct of the production from its Mowana mine in Botswana with Swiss firm MRI Trading AG.

The agreement includes a 5.1 mln stg private placement at a subscription price of 70 pence per share, under which MRI will receive about 7.28 mln African Copper shares. The placement is expected to close by Feb 4.

Chief executive Joseph Hamilton said the deal 'with a strong partner sets the foundation for the Mowana mine revenue stream over the next five years.'

AIM
05 February 2008



NOTICE

(66)

05/02/2008 7:00am


RESTORATION OF TRADING ON AIM

AFRICAN COPPER PLC



The trading on AIM for the under-mentioned securities was temporarily suspended.
The suspension is lifted from 05/02/2008 7:00am.

This copper share is not doing well at all...unlike others

Very True.. but could be a good time to get in ??? :)

Or stay on the side lines!

In this market a safe bet !!



But if they stage a recovery at this level ! we will see ?

African Copper sees Mowana production of 29,000 tonnes in 2012 vs 5,500 in 2008
AFX


LONDON (Thomson Financial) - African Copper PLC said it expects production at its Mowana mine in Botswana to grow to 29,000 tonnes of copper in 2012 from 5,500 tonnes in 2008 after reviewing the operating parameters.

The company said the new production schedule has the potential to generate higher production, lower costs and defer additional capital requirements for two years, adding it expects the cash costs of production to drop to 1.49 usd/lb from 2.48 usd/lb in the period to 2012.

African Copper said it expects the first concentrate in the second quarter, with the first shipment in June.

In a statement, the AIM-listed miner also added recent exploration has increased the strike extent of the known mineralization at Mowana by up to 40 pct, or 800 metres south of the open pit.

'We anticipate being able to maintain production above 30,000 tonnes of copper per year beyond 2012 by integrating an underground mine into Mowana,' chief executive Joe Hamilton said.