NZC
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Company News

Nzuri Copper to accept Chinese miner’s takeover offer
Copper and cobalt explorer Nzuri Copper (ASX: NZC) has today advised shareholders to accept a $109.5 million takeover offer from Shanghai-listed company Chengtun Mining Group. Nzuri emerged from a trading halt this morning to announce it has entered into a binding scheme implementation deed with the Xuchen International, a subsidiary of the Chinese metals mining […]

Nzuri Copper’s board green-lights 2018 exploration spend at Kalongwe, program underway
Nzuri Copper’s (ASX: NZC) board has approved a A$4 million exploration budget for its Kalongwe copper and cobalt project in the Democratic Republic of Congo. The budget allocation will cover about 7,250m of reverse circulation drilling throughout the remainder of 2018. “This is an exciting time for Nzuri as the new field season in the […]

Nzuri Copper digs into more high-grade copper and cobalt at Monwezi target
Nzuri Copper (ASX: NZC) has dug into more copper and cobalt at its Monwezi target about 5km from the company’s flagship Kalongwe project in the Democratic Republic of Congo. At the Monwezi 2 prospect, Nzuri pulled out a near surface 20.2m intersection grading 1.85% copper that included a 7.5m interval grading 2.39% copper. Other smaller […]
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