01-Jul-2020 09:25 AM
Mining group Zanaga Iron Ore posted a full-year loss as it progressed the development of its namesake project in the Republic of Congo.
Pre-tax losses for the year through December amounted to $1.88m, compared to losses of $1.86m on-year.
The company sa
29-Jun-2018 08:10 AM
Zanaga Iron Ore Company said its annual losses narrowed as it continued to develop a flagship mine in the Republic of Congo.
Pre-tax losses amounted to $1.4m, compared to $2.9m of red ink in 2016.
'Despite the continued challenge of securing fundin
26-Jun-2015 12:07 PM
Zanaga Iron Ore has widened its FY pretax loss of $164.8m, from a loss of $6.7m. The result was influenced by impairments on the value of its flagship project.
Highlights 2014 and post balance sheet events to June 2015:
· Zanaga Project Feasibility
30-Sep-2013 09:41 AM
Zanaga Iron Ore Company's H1 pretax loss widened to $4.7m, from $2.4m. Most of the losses were due to administrative expenses.
"The opportunity for staged development enhances the ability to finance the Project and represents a significant opp
13-Sep-2013 12:46 PM
Glencore Xstrata and Zanaga Iron Ore Company (ZIOC) have announced a revised plan for the Zanaga iron ore project.
The project feasibility study is now being advanced on the basis of a staged development, substantially reducing the initial capital requir
27-Jun-2013 08:49 AM
Zanaga Iron Ore Company booked a narrower full-year pretax loss of $5.7 million, from a loss of $14.4 million. The company booked nil revenue.
The comparative earlier period was weighed down by a $7.8 million share in the loss of an associate.
"Sub
08-Feb-2013 07:05 AM
Zanaga Iron Ore Company has appointed Alistair Franklin as a non-executive director with immediate effect.
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23-Nov-2012 09:38 AM
Zanaga Iron Ore Company announces that on 22 November 2012, the Company purchased 187,500 shares of no par value in the Company at an average price of £0.3573 per Share representing 0.07 per cent of the Shares in issue.
The 187,500 Shares purchased by t
28-Sep-2012 09:32 AM
ZIOC made a loss in the half-year of US$7.4m compared to a loss of US$22.9m in the year to 31 December 2011.
General expenses of US$2.5m consist of staff costs of US$0.3m, Directors fees of US$0.3m, professional fees of US$1.4m and US$0.5m of other gener
26-Oct-2011 07:46 AM
Zanaga Iron Ore Company has announce an improvement in the JORC compliant Mineral Resource classification as well as an expansion in Mineral Resource inventory at the Zanaga Iron Ore Project.
A significant drilling programme has been conducted on the Za
25-May-2011 07:56 AM
In ZIOC's first full year of operations following its incorporation on 19 November 2009, the company made a loss in the year of $13.2m compared to a loss of $1.6m in the short period from ZIOC's date of incorporation to 31 December 2009.
Genera
08-Feb-2011 10:01 AM
Mining group Xstrata plc is to exercise its call option over Jumelles, a subsidiary of Zanaga Iron Ore Company Limited, which owns the Zanaga iron ore project in the Republic of Congo.
Xstrata will acquire a 50% plus one share interest in Jumelles in re
18-Nov-2010 07:37 AM
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