Main business locations: Democratic Republic of Kongo, Philippines
Registered Office:
Craigmuir Chambers,
P.O.Box 71,
Road Town,
Tortola,
British Virgin Islands
Registration number: 626550
Listed on: London Stock Exchange AIM
Ticker: CRC
Financial highlights:
Total Assets (2006): USD 58,265,000
Total Revenue (2006): USD 11,740,000
Net loss (2006): USD 3,089,000
Shareholder’s equity: USD 42,969,000
Bankers: ANZ Bank
Solicitors: Pinsent Masons
Auditor: Chantrey Vellacott DFK LLP
Subsidiaries:
Name of company | Place of incorporation | Ownership interest | Principal activity |
Hinoba Holdings (Australia) Pty Limited | Australia | 100% | Secretarial & Administration Offices |
African Millennium Corporation | British Virgin Islands | 100% | Mining exploration |
Hinoba Holdings Ltd. | Bahamas | 100% | Holding company |
Hinoba Holdings (Philippines), Inc. | Philippines | 100% | Holding company |
Hinoba-an & Sipalay Holdings, Inc. | Philippines | 40% | Holding company |
Selenga Mining Corporation | Philippines | 92.5% | Mining exploration |
Miniere de Musoshi et Kinsenda sarl | Democratic Republic of Congo | 75% | Mining exploration |
About the BVI company:
Copper Resources Corporation is the holding company of a group of mineral exploration and development companies. The group owns a 75% interest in Minière de Musoshi et Kinsenda (MMK), which holds three high-grade deposits in the Katanga Province of the Democratic Republic of Kongo. The total recoverable resources of the three properties make 7.2 billion pounds of copper.
The Group is also holding a 92.5% economic interest in one of its principal developments, the Hinoba-an Project, located on Negros Island in the Philippines.
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