Report

Flash note: Updated mineral reserves and H114 results

ZIOC has released an updated mineral reserves estimate for the Zanaga Iron Ore Project, with total compliant proved and probable reserves of 2.1bn tonnes at 33.9% Fe supporting a life of mine in excess of 30 years based on the staged development approach. The company has also reported H114 financial results that show a solid cash position of US$18m.
Underlying
Zanaga Iron Ore Co. Ltd.

Zanaga Iron Ore is an iron ore exploration and development company in the Republic of Congo.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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