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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: 7.99 GBX

AIM:ZIOC
Market: AIM
Market Cap: £22.85 m
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Zanaga Iron Ore signs 'milestone framework agreement' to advance flagship...

Zanaga Iron Ore Company Limited's (LON:ZIOC) Andrew Trahar speaks to Proactive London after announcing 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...

on 11/12/19

2 min read