Arc Minerals posts 2025 final results as it advances copper projects in Botswana and Zambia

Arc Minerals posts 2025 final results as it advances copper projects in Botswana and Zambia
Arc Minerals copper progress

Arc Minerals is outlining progress across its copper exploration portfolio in southern Africa after a year focused on Botswana and Zambia. The company also says post-period developments include a 2026 geophysical programme at Virgo, a £3 million fundraising and the resolution of outstanding legal matters in Zambia.

Highlights

  • Arc Minerals' 2025 final results highlight confirmation of copper mineralisation at the Virgo Project in Botswana, including a 3m intercept at 1.29% CuEq.
  • Arc Minerals regained full control of Kabompo West Project in Zambia after the joint venture with Anglo American ended in October 2025 and resolved legal matters via settlement.
  • A £3 million fundraise in April 2026 supports a new geophysical programme at Virgo, prioritising drilling targets for H2 2026 and accelerating African copper exploration.

2025 results and project updates

As reported by the London Stock Exchange's Regulatory News Service, Arc Minerals says its final results for the year ended 31 December 2025 reflect continued work on tier-one copper assets in the Kalahari Copper Belt in Botswana and the Western Domes region of Zambia.

The company says its assessment of the 2024 drilling programme at the Virgo Project in Botswana has improved its understanding of the asset, confirming copper mineralisation and supporting its geological model. It highlights an intercept of 3 metres at 1.29% CuEq as part of that update.

Arc Minerals also says it regained full control of the Kabompo West Project in Zambia after the joint venture with Anglo American ended in October 2025. During the period, it also appointed Remy Welschinger as chief executive officer and Abyudi James Shonga Jnr as a non-executive director.

2026 exploration and financial position

After the reporting period, the company says it starts a geophysical programme at the Virgo Project in early 2026 across a prospective contact zone extending up to about 15 kilometres. The work is intended to help prioritise drilling targets for the second half of 2026.

Arc Minerals says it has also resolved all outstanding legal matters in Zambia through a comprehensive settlement agreement, subject only to completion of relevant Zambian court filings. It adds that a £3 million fundraise completed in April 2026 strengthens its financial position and is intended to accelerate exploration activity at Virgo.

The update keeps investor focus on how the company converts technical progress and restored project control into further drilling activity in Botswana and future development flexibility in Zambia. For the wider copper exploration sector in Africa, the statement underlines continued interest in securing exposure to prospective copper belts amid longer-term demand expectations for the metal.

Our earlier report on the EU’s proposed 15% levy on aluminium scrap exports explained how Brussels aims to keep more recycled metal inside the bloc as overseas demand pulls material away from European smelters. We noted that rising scrap prices and a growing supply shortfall have left part of recycling capacity underused, while the measure still requires approval by member states amid pushback from scrap dealers.

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