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As of November 13, 2017, Cradle Arc PLC was acquired by Cradle Arc Investments (Proprietary) Limited, in a reverse merger transaction. Alecto Minerals plc, together with its subsidiaries, explores for and develops gold and base metal properties in Africa. The company explores for iron oxide, copper, and gold. It primarily holds a 100% interest in the Matala and Dunrobin gold mines in Zambia, as well as other projects in Mali and Burkina Faso. The company was formerly known as Alecto Energy plc and changed its name to Alecto Minerals Plc in May 2011. Alecto Minerals plc was incorporated in 2004 and is headquartered in London, the United Kingdom.
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