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African Pioneer AFP.L · GBp

Materials · LSE · 🇬🇧 United Kingdom

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1.85p

-5.13%

Close of 9 Nov 2026, in pence

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About African Pioneer

Its shares trade on LSE under the ticker AFP.L. It has been listed since 1 June 2021. In the fiscal year to 31 December 2023, it reported revenue of £34,799 and a net loss of £689,213. At that date it held total assets of £5.6m and shareholders' equity of £4.5m.

African Pioneer Plc is engaged in the acquisition of mining assets in Africa. The Company’s principal business is to explore opportunities within the natural resources sector in Sub-Saharan Africa, with a focus on base and precious metals, including but not limited to copper, nickel, lead and zinc. The Company’s projects and operations include Kalahari Copper Belt, Limpopo Mobile Belt, Ongombo, Ongeama, Central African Copperbelt and Zambezi Mobile Belt Copper & Gold. The company has acquired a 100% interest in six prospecting licenses in the Kalahari Belt, which covers approximately 1,945.8 square kilometers (km2), as well as two in the Limpopo Mobile Belt, which covers 854 km2. The Ongombo project covers approximately 202 km2 of the highly prospective Matchless Copper Belt and located approximately 20 kilometers (km) from the Otjihase mine. The Chumbwe license 27769 HQ-LEL covers approximately 436 km2 is located 70 km southeast of the capital Lusaka.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
1 Jun 2021
Employees
6

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • African Pioneer PLC holds a 100% interest in six prospecting licenses in the Kalahari Belt.
  • The company controls two licenses in the Limpopo Mobile Belt covering 854 square kilometers.
  • The Ongombo project covers 202 square kilometers near the Otjihase mine in the Matchless Copper Belt.

Weaknesses

  • The company employs only six staff members, limiting operational capacity significantly.
  • Listing occurred on 1 June 2021, meaning the firm has limited public market history.
  • Operations are concentrated in Sub-Saharan Africa, exposing the business to regional instability risks.

Opportunities

  • The Chumbwe license covers 436 square kilometers southeast of the capital Lusaka.
  • Exploration focuses on base metals like copper, nickel, lead, and zinc in Africa.
  • The Central African Copperbelt and Zambezi Mobile Belt offer additional copper and gold potential.

Threats

  • Fluctuating global prices for base and precious metals impact revenue stability directly.
  • Regulatory changes in African nations could affect mining asset acquisition and exploration rights.
  • High operational costs in remote areas like the Kalahari and Limpopo belts may reduce margins.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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