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Arc Minerals, a metals exploration company based in the UK, concludes the majority of regulatory requirements for its joint venture (JV) with an Anglo American unit regarding copper assets in Zambia. The share subscription in the JV has been finalised, with Anglo American acquiring a 70% stake. Arc’s licenses are positioned in the Domes region of Zambia’s north-western province. This area is adjacent to prominent mines like First Quantum Minerals’ Sentinel and Kansanshi copper mines, as well as Barrick’s Lumwana mine.

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