Zanaga Iron Share News (ZIOC)
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Fri, 08th Jan 2021 19:05
Zanaga Iron Ore Co Ltd - iron ore miner focused on Republic of Congo - Says it has received net proceeds of GBP412,322.18 in relation to share placing by Shard Merchant Capital Ltd of the first tranche of 7 million shares under subscription agreement.
Current stock price: 7.68 pence
Year-to-date change: down 14%
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
Shares in Zanaga Iron Ore fell into the red on Friday after the exploration company said its progress throughout 2014 had been somewhat discounted by changes in the industry, as it posted a jump in annual losses. The group said it reached numerous significant milestones during the year, but that a t
Read moreData from China showing that factory output declined pressured London's industrial metals and mining sector lower on Tuesday as commodity prices fell. Miners such as Zanaga Iron Ore, URU Metals, Evraz, Ferrex, First Quantum Minerals and Ferrexpo were all trading with losses in afternoon trade. HSBC
Read moreAIM-listed Zanaga Iron Ore has been granted a mining licence and mining convention for its eponymous Zanaga Project in the Republic of Congo (RoC). The company said on Friday that the government has approved the project following applications made in May, supported by a feasibility study and a soci
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