Zanaga Iron Ore Co. Ltd. ZIOC

Technical assessments have enabled the refinement of process plant flowsheets, achieving premium DRI pellet feed concentrates.

Zanaga Iron Ore Co Ltd (AIM:ZIOC, OTC:ZIOC) has signed a binding term sheet with Red Arc Minerals worth up to $25 million. The cash funds engineering work at the Zanaga project in the Republic of Congo, and could lead to a final investment decision, without diluting shareholders. Sunda Energy PLC (AIM:SNDA) has lined up up to £1.5 million in unsecured funding from its chief executive. It’s pushing ahead with a potential acquisition while still working to get its Timor-Leste gas project back on track. AFC Energy PLC (AIM:AFC, OTC:AFGYF, FRA:QC8) has signed a joint development deal with Komatsu

Key Insights The considerable ownership by individual investors in Zanaga Iron Ore indicates that they collectively...

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