https://www.miningweekly.com

Kogi feasibility confirms technical, economic viability of Agbaja

6th July 2016

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

Font size: - +

JOHANNESBURG (miningweekly.com) – ASX-listed Kogi Iron has confirmed the technical and economic viability of its Agbaja iron-ore and steel project, in Nigeria, following the conclusion of a feasibility study.

In addition to the positive and robust results, the study enabled an opportunity to further refine and optimise the production process before committing to any major-scale production plants.

A definitive feasibility study would be completed upon the finalisation of the environmental, financing, technical design and budgeting aspects, with a report-back to shareholders expected within months.

“We are delighted to have concluded our study and will now move quickly to progress negotiations with a wide range of parties who can assist Kogi in its work to deliver this project for its shareholders,” the company said in a statement on Wednesday.

Kogi intended to fund the project through international institutions.

Subject to final feasibility and financing, Kogi intended to engage a mining contractor for site development, overburden and waste removal, openpit mining, haulage and ore feed to a primary crusher.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
MBE Minerals SA (Pty) Ltd
MBE Minerals SA (Pty) Ltd

Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.048 0.892s - 111pq - 2rq
Subscribe Now