Thu, 28th May 2020 12:31
AIM-listed Zanaga Iron Ore is considering developing a project in the Republic of Congo on a phased basis, leading to a fall in its shares. A feasibility study had confirmed the "attractive economics" of its Zanaga iron ore project, but on the basis of a staged development, the group said. Stage
Read moreLONDON (Alliance News) - Zanaga Iron Ore Co Thursday said the feasibility study it conducted at the Zanaga Iron Ore Project had shown that a staged development process at the site would be better than a single-stage development, and it has now applied for a mining licence and environmental permit
Read moreLONDON (Alliance News) - Zanaga Iron Ore Co Tuesday said the Feasibility Study on its Zanaga Iron Ore Project, located in the Republic of Congo, is currently in the final stages of completion. The iron-ore processing-and-transport infrastructure company said the results from its feasibility
Read moreLONDON (Alliance News) - Aggreko is leading the FTSE 100 in early trading Tuesday after the temporary power company said it has seen mixed results in its first quarter, with strong underlying revenue growth in two of its three regions being impacted by adverse currency movements as previously exp
Read moreIndustrial metals and mining stocks, which have suffered heavy falls over the last month, experienced a brief respite on Tuesday as global financial markets reacted positively to comments from Vladimir Putin. Following Sunday's referendum, which saw Crimean locals vote overwhelmingly to join Russia
Read moreUK small caps and junior-listed AIM shares rise 0.7 and 0.1 percent, respectively, outperforming the blue chips, which fall by 0.3 percent. Redhall slumps 17.9 percent, the top AIM-listed faller, after the engineering firm gives a disappointing trading update, with results now expected to m
Read moreLONDON, Sept 13 (Reuters) - Glencore Xstrata and junior partner Zanaga Iron Ore Company (ZIOC) have cut back planned spending on the early stages of the co-owned Zanaga project and announced on Friday a joint search for funding. News of a revised project design - which will mean lower expen
Read more* Slim chances for juniors iron ore miners as lower prices loom * Many running short on cash and finding few options for funds * Vale, Rio, BHP better able to withstand dips in iron ore price cycle By James Regan SYDNEY, July 22 (Reuters) - From Africa to Australia, opport
Read moreBarclays: Morgan Stanley lowers target price from 438p to 424p and reiterates an overweight rating. Bellzone Mining: Investec reduces target price from 21p to 5.28p and downgrades to hold. BG Group: Bank of America cuts target price from 1300p to 1250p retaining a neutral rating. Brown (N) Group:
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