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Annual Report Summaries, Investee Companies

Chambishi Metals Plc Extract from 2020 Annual Report

Chambishi is currently under care and maintenance due to lack of feedstock for the plant. Chambishi sourced feedstock (Copper and Cobalt concentrates) from Eurasian Resource Group (ERG) Frontier and Boss Mining companies (both ERG companies) as well as other mines in Democratic Republic of Congo (DRC). ERG is the majority shareholder in Chambishi.  

There were no dividends paid during the year under review (2019: Nil) 
Annual Report Summaries, Investee Companies

Limestone Resources Limited (LRL) Extract from 2020 Annual Report  

Limestone Resources Limited (LRL) commenced operations on 1st September 2020 transitioning from Ndola Lime Company Limited (NLC). Limestone Resources Limited (LRL) reported total revenues for the financial year ended 31st December 2020 of ZMW 34.76 million and a loss after tax of ZMW3.7 million. There were no dividends declared during the year under review (31 December 2019: Nil).