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Cradle Arc to the grave

Cradle Arc to the grave

Former copper miner says it won't look for another Nomad, ending its time as a listed company

Capital markets

26 FEBRUARY 2019
Cradle Arc goes into administration

Cradle Arc goes into administration

Botswana copper miner goes under after a bad operational run and financing trip-up

Profit & Loss

31 JANUARY 2019
Cradle Arc beaten in court by faster partner

Cradle Arc beaten in court by faster partner

Bermuda-registered junior partner was in court before Cradle Arc and called in judicial manager

Regulation

20 DECEMBER 2018
Cradle Arc calls in liquidators

Cradle Arc calls in liquidators

Botswana court action would put Mowana operator Loboam in provisional liquidation process

Profit & Loss

18 DECEMBER 2018
Cradle Arc suspends Mowana, trading on AIM

Cradle Arc suspends Mowana, trading on AIM

Company in dire straits after US$4M extension to its working capital facility no completed

Capital markets

07 DECEMBER 2018
Cradle Arc shuffles board

Cradle Arc shuffles board

James Turnbull appointed, Michael Golding and Oscar Kirkovits resign

Leadership

02 NOVEMBER 2018
Cradle Arc receives US$2M loan to battle breakdowns

Cradle Arc receives US$2M loan to battle breakdowns

Work should not hinder operations and help better production

Project finance

22 OCTOBER 2018
Cradle Arc gets licence boost

Cradle Arc gets licence boost

Openpit and underground options 70km from Mowana get rights extended until 2020

Feasibility

15 OCTOBER 2018
Cradle Arc reviewing guidance again

Cradle Arc reviewing guidance again

Copper miner would need 275% quarter-on-quarter boost to reach current H2 forecast

Feasibility

25 SEPTEMBER 2018
Cradle Arc gets Mowana licences renewed

Cradle Arc gets Mowana licences renewed

Geophysics then drilling programme planned to prove mineralisation

Copper News

14 SEPTEMBER 2018
Cradle Arc forms Kossanto West JV with Indiana

Cradle Arc forms Kossanto West JV with Indiana

Indiana will fund all costs up to PFS to gain a 65% stake in Kossanto West

M&A

10 SEPTEMBER 2018
Cradle Arc's new chairman, director join

Cradle Arc's new chairman, director join

Roy Pitchford and Michael Golding start as Toby Howell leaves

Leadership

05 SEPTEMBER 2018