RNS Number:6402K
Central African Mining&Exploration
06 May 2003



                CENTRAL AFRICAN MINING & EXPLORATION COMPANY PLC

CAMEC SIGNS CONTRACTS TO SUPPLY TANTALUM TO THE FAR EAST AND COPPER CONCENTRATE
                                   TO ZAMBIA

Central African Mining & Exploration Company Plc ("CAMEC" or "the Company"), the
AIM listed mining and exploration company has signed a long-term contract with
Pacific Ores Metals & Chemicals to supply them with tantalite until December
2006.

CAMEC will supply Hong Kong based Pacific Ores, a leading supplier of tantalum
to the aerospace and electronics industry, with up to five tonnes of tantalite
per month at an initial price of $23 per pound (TA2O5) contained. The price is
reviewed quarterly. The contract marks the first long term export agreement to
be signed by CAMEC, who have already exported over 10 tonnes of tantalite in the
financial year ending March 31st 2003.

The Company, which has an operating mine in Namibia and significant tantalum
interests in Zimbabwe, has also recently established Mozambique Mineral
Exploration Limitada in Mozambique. Through this it is effecting an exploration
program in conjunction with a buying operation in the tantalum rich Zambesia
Province in the north of the country. This will further enhance CAMEC's position
as a leading supplier of low cost African tantalum and related products.

Phil Edmonds, Chairman of CAMEC said: "This is another step forward in building
CAMEC into the leading African producer of low cost tantalum and related
products. We raised money, established a mining and production facility and are
now exporting significant amounts to a leading global player in tantalum-based
products.

"We are building a reputation in Southern Africa as a company that can achieve
what it set out to do. As a result new projects are continually opening up,
which is highlighted by our expansion of activities into Mozambique. We continue
in our strategy of pursing value added projects, which will both secure us a
leading presence in the global tantalum market and enhance shareholder value."

In addition to the above, the Company is pursuing its activities in the
Democratic Republic of the Congo (D.R.C.). On January 30th the Company announced
that it signed Heads of Agreement to enter into a joint venture with
"Exploitations Artisanales au Congo" ("EXACO") to produce and market cobalt
carbonate and copper concentrate from the EXACO Plant in Lubumbashi, D.R.C.
Following extensive due diligence, CAMEC has decided not to pursue this
agreement. However, the company has entered into a contract with Zambian based
Mopani Copper Mines Plc to supply copper concentrate from the D.R.C. CAMEC is
presently supplying 1,500 tons per month of copper concentrate with the
intention of raising this to 3,000 tonnes per month.

                                    E N D S

Issued on behalf of Central African Mining & Exploration Company Plc by St
Brides Media & Finance Ltd

Contacts:

Phil Edmonds  CAMEC    Tel: 07785 242 381

Hugo de Salis  St Brides Media & Finance  Tel: 020 7242 4477








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