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Zanaga Iron Ore's significant project in West Africa 'coming alive again'

Mining Capital's Alastair Ford discusses Zanaga Iron Ore Company Limited's (LON:ZIOC) project in the Republic of Congo.

This week they've signed a framework agreement with China Overseas Infrastructure Development And Investment Corporation Limited (COIDIC).

The agreement between COIDIC and Jamelles, the joint venture between Zanaga and Glencore that owns the project, will assess mining and transport infrastructure alternatives.

''What we're seeing is the potential for a major iron ore project in West Africa to come alive again after a significant hiatus''

Quick facts: Zanaga Iron Ore Co Ltd

Price: 5.59 GBX

Market: AIM
Market Cap: £16.38 m

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Zanaga Iron Ore's Andrew Trahar updates on floating port facility and early...

Zanaga Iron Ore Company Limited's (LON:ZIOC) Andrew Trahar speaks to Proactive London following the news it's completed a concept study to assess the viability of a floating dewatering, storage and offloading port facility at its project in the Republic of Congo. He says the study indicates the...

on 29/5/20

2 min read