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Environmental permit bodes well for project financing

8th December 2017 Iron-ore explorer and developer Zanaga Iron Ore Company (ZIOC) expects the environmental permit for its iron-ore project from the Republic of Congo’s ministry of environment to help attract finance to enable the valuable resource to be brought into production. A joint venture with natural... 

Zanaga iron-ore project granted environmental permit

By: Creamer Media Reporter      8th November 2017 The Ministry of Environment of the Republic of Congo (RoC) has granted Aim-listed Zanaga Iron Ore Company (ZIOC) an environmental permit for its Zanaga project. The permit covers the project's first phase of development, which is expected to produce 12-million tonnes of iron-ore. 

Improved iron-ore market bodes well for Congo project – developer

By: Mia Breytenbach     7th July 2017 The global iron-ore industry's performance improved significantly in 2016 from a cost and pricing perspective, providing a much more positive platform going into 2017, Zanaga Iron Ore Company (ZIOC) nonexecutive chairperson Clifford Elphick said in a company results statement last week. Industry... 

ZIOC encouraged by improved equilibrium in iron-ore market, to enhance Congo project’s investment case

By: Mia Breytenbach     29th June 2017 The global iron-ore industry's performance improved significantly in 2016 from a cost and pricing perspective, providing a much more positive platform going into 2017, Zanaga Iron Ore Company (ZIOC) nonexecutive chairperson Clifford Elphick said on Thursday. Industry operating costs have been... 

Creamer Media publishes African Mining Roundup for September 2014 research report

22nd September 2014 This month’s report includes details of project developer Ivanhoe Mines’ appointment of financial advisers to conduct a strategic review of its Kamoa and Kipushi base metals project, in the Democratic Republic of Congo; the granting a mining licence to a joint venture between Zanaga Iron Ore... 

Zanaga iron-ore granted mining licence

By: Leandi Kolver     15th August 2014 The Zanaga iron-ore project, in the Republic of Congo (RoC), a joint venture (JV) between Aim-listed Zanaga Iron Ore Company (ZIOC) and diversified miner Glencore, has been granted a mining licence and its operators have entered into a mining convention with the country’s government. The 25-year... 

Zanaga shaves $2bn off cost of Congo iron-ore project

By: Natasha Odendaal     8th May 2014 As the next phase of the Zanaga iron-ore project starts, Zanaga Iron Ore Company (ZIOC) expects to cut the project’s capital expenditure costs from a single-stage $7.5-billion development to a two-stage $4.7-billion ramp-up. Nonexecutive chairperson Clifford Elphick said the recently completed... 

Concerted effort needed to turn Congo-Cameroon-Gabon iron-ore belt into African Pilbara

By: Martin Creamer     21st March 2014 A concerted effort is needed to turn the Congo-Cameroon-Gabon region, often likened to Australia’s iron-ore-rich Pilbara, to positive account. 

DRA awarded study of staged development of Zanaga

17th March 2014 South African based engineering and project management company DRA has announced that it has been awarded the study of the Process Plant for the next phase of the Zanaga iron ore project in the Republic of Congo by MPD Congo SA, owned jointly by Glencore and the Zanaga Iron Ore Company. Previous... 

Glencore, Zanaga award Congo iron-ore project study  

By: Martin Creamer     14th March 2014 South African-based engineering and project management company DRA on Friday announced that it had been awarded the study of the process plant for the next phase of the Zanaga iron-ore project in the Republic of Congo (RoC). The award was made by MPD Congo, which is owned jointly by the London-,... 

Staged development for GlencoreXstrata’s Congo project

By: Natasha Odendaal     13th September 2013 Global miner GlencoreXstrata and Zanaga Iron Ore Company (ZIOC) on Friday announced the staged development of their iron-ore project in the Republic of Congo (RoC) to lower capital costs. This followed the completion of a revised scope for the Zanaga iron-ore project, as the joint venture... 

Largest iron-ore reserve in West Africa enters feasibility stage

By: Chantelle Kotze     18th January 2013 The Zanaga joint venture (JV) iron-ore project in the Republic of Congo, is in the feasibility stage, during which the mining convention negotiation process and environmental- and social-impact assessment are being conducted, which is to be completed by the second quarter of 2014, after a... 

Ncondezi restructures top management

By: Natasha Odendaal     22nd May 2012 London-listed Ncondezi Coal has started restructuring its senior management team with the appointment of a new CEO from June 1. Current COO Nigel Walls would replace CEO Graham Mascall, who stepped down to become a nonexecutive director in the coal company. 

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