19-03-2019· The group's mining arm, headed by Obambi's son Paul Obambi Jr, has been evacuating some 2,000 tonnes of iron ore every ten days from its Mayoko mine since May 2018. To send a first shipment Sapro, which bought the mining site from South African firm Exxaro in 2016, needs to amass 35,000 tonnes of iron ore.
AFRICAN IRON INCREASES CONGO LANDHOLDING EXPOSURE BY 94% TO 1,944km 2 • African Iron has secured an 85% interest in a 944km2 Authority to Prospect in the Republic of Congo. • The Authority to Prospect is at the northern extension of the Company's Mayoko-Lekoumou Exploration Permit, which hosts the Mayoko iron ore project.
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
African Iron (ASX: AKI) has delivered a hematite JORC Resource of 121 million tonnes at its 92% owned Mayoko Iron Ore Project in the Republic of Congo, representing a 267% increase on the initial
stake in an AIM-listed iron ore exploration play called Zanaga Iron Ore Company (ZIOC). ZIOC's project is in the RoC – the Francophone Congo not the Democratic Republic of Congo. The RoC has attracted some attention lately. It's in the RoC, for instance, that the JSE's Exxaro Resources spent $349m buying African Iron's Mayoko project.
The falling iron ore price has weighed heavily on the country's untapped projects, but potash shows progress In the Congo, the iron sleeps tonight - Mining Journal
19-03-2019· The group's mining arm, headed by Obambi's son Paul Obambi Jr, has been evacuating some 2,000 tonnes of iron ore every ten days from its Mayoko mine since May 2018. To send a first shipment Sapro, which bought the mining site from South African firm Exxaro in 2016, needs to amass 35,000 tonnes of iron ore.
African Iron acquires additional stake in Mayoko Iron, African Iron (ASX: AKI) has completed the acquisition of an additional 12% interest in the Mayoko iron ore project in the Republic of Congo, to move to 92% ownership The project hosts a JORC Resource of 33 million tonnes at 56% iron (50% iron cut off) of supergene hematite Highlighting the .
Equatorial Resources Limited ("Equatorial") is an ASX listed iron ore exploration and development company with two 100% owned large-scale iron ore projects in the politically stable and investment friendly Republic of Congo ("ROC"). Equatorial's Mayoko-Moussondji Iron Project and Badondo Iron Project are both highly prospective with
stake in an AIM-listed iron ore exploration play called Zanaga Iron Ore Company (ZIOC). ZIOC's project is in the RoC – the Francophone Congo not the Democratic Republic of Congo. The RoC has attracted some attention lately. It's in the RoC, for instance, that the JSE's Exxaro Resources spent $349m buying African Iron's Mayoko project.
08-02-2019· Congo-Brazzaville - Oil Production. f = Fitch Solutions forecast. Source: EIA, Fitch Solutions. Although we expect oil sector growth to gradually trend downward from 2020, as the two offshore oil fields reach full capacity, increasing output from the nascent iron ore mining sector will sustain tailwinds to GDP growth next year.
London-based trader Ashley Global said it expects Congo to become a major player in the international iron ore market in the next five years. The director of trading at Ashley Global, Roddy Mann, said this first shipment is a trial shipment proving Congo's resourcefulness and believe this development will have significant economic impact for Congo and the Myoko region, which is 400 km (248
17-05-2018· Paul Obambi, a billionaire investor in the Congo Republic, is in talks with French lenders to fund a railway he's building to export iron ore.
Mining MX reported that A MINING permit is the only obstacle standing in the way of Exxaro Resources spending ZAR 2.9 billion on the Republic of Congo's Mayoko iron ore project, an asset it
Cape Lambert Resources Limited is pleased to advise it has mandated Deutsche Bank AG to sell its royalty rights in respect to the Mayoko Iron Ore Project, located in the Republic of Congo and its
Zanaga Iron Ore Company Limited Ord Npv (Di) is listed on the London Stock Exchange, trading with ticker code ZIOC. It has a market capitalisation of £17m, with approximately 293m shares in issue.
Having acquired two large-scale iron ore projects in the politically stable and investment-friendly Republic of the Congo in June 2010, managing director and chief executive officer John Welborn has spent the last 18 months reshaping Equatorial Resources into an aggressive explorer with a foot in the door of what he believes will be the world's next major iron ore region.
The Mayoko iron ore project is located in the south - west corner of the Republic of Congo and is approximately 300km no End of the details preview. Please Log in or Subscribe for ALL the information.
05-06-2012· Cennergi Pty Ltd., a joint venture between Tata Power Co. and Exxaro Resources Ltd., may build a hydroelectric plant in the Republic of Congo to supply power to Exxaro's Mayoko iron-ore
In 2007 Mr Locke acted as Corporate Advisor during the acquisition process for the Mayoko iron ore project in the Republic of Congo that was subsequently taken over in 2010 for ~ AUD 50mi and later on sold for over 300mi.
