mayoko iron ore project

ASX: EQX ASX: EQX | 10 December 2014 | ASX RELEASE MINING CONVENTION SIGNED FOR MAYOKO-MOUSSONDJI Includes Rail and Port Agreements ... 6d5fa31a2ce0.CwtJijCCWGi5_51JW6GgyUxB4Toh-WlR0czZX4J3fKg.Rlkq_EnQCA_8rKR8NO3K_TQyglNVqDAEs_2QPsgPF …

Exxaro is also energised by its Mayoko iron-ore project in the Republic of Congo. Venter says it will be developed in phases to produce and export ten million tons of iron ore a year by 2017. He says Exxaro is prioritising its 2014 target of "two-million-ton-a-year in the initial phase", while developing access to critical rail and port ...

Project Geology. The Mayoko iron ore project lies on the Precambrian Congo Craton of West Africa and covers 1,000km2 . The area is characterised by meta-sedimentary …

Equatorial's owned Mayoko-Moussondji Iron Project in the Republic of Congo. Equatorial and Exxaro have agreed to co-operate on a range of operational activities to improve efficiencies and to reduce the cost of services for the Mayoko-Moussondji project. Cooperation arrangements have now been established in relation to the following:

The Company's flagship asset is its owned interest in the Zanaga Iron Ore Project located in the Republic of ... Key Facts. World class asset; 2.1Bt Ore Reserve; 6.9Bt Mineral Resource; High quality product, 68% Fe content; Forecast lowest quartile operating costs; Share Price. Detailed share price data. Latest Photography. Press ...

Exxaro Resources has been granted a mining convention for the Mayoko Iron Ore Project, located in the Republic of Congo, which upon production commencement will see CFE receive significant royalty payments on an ongoing basis. Production from Mayoko is due to commence in H2 2014 at a rate of 30,000 tonnes per month, rising to 2 …

Exxaro plans to boost profitability by expanding into iron ore at the Mayoko project and elsewhere after a failed bid for Australian producer Territory Resources. The coal company's holding in ...

Construction is expected to take five years. The agreement also includes the rehabilitation of the 182km Mbinda - Mont Mbelo line, formerly operated by the l'Ogooué Mining Company. This will allow …

Exxaro will start iron ore mining operations at its Mayoko Iron Ore Project as soon as the Congolese government finalises agreements on the use of rail and port …

Sapro Mayoko, a Sapro Group subsidiary, is the first iron ore producer and exporter in the Republic of Congo, offering premium iron ore lumps and fines for export. Our iron ore mine is located in Mayoko, in the Niari …

Exxaro bought Mayoko after successfully bidding R2.8bn for Australian-listed African Iron in January 2012. It has since spent capital developing the project ahead of a mining convention with the RoC. A scoping study in June found the project could produce 12 million tonnes/year of iron ore. However, finalising the mining convention has proved ...

Cape Lambert Resources acquired the royalty as part consideration when it sold its interest in the Mayoko iron ore project, based in the Republic of Congo, to African Iron in January 2011, which was subsequently taken over by Exxaro Resources.

South African mining firm Exxaro Resources has made an offer worth up to A$338m ($349m) to buy a controlling stake of African Iron, targeting the latter's Mayoko iron ore project in the Republic of the Congo.. As per the agreement, Exxaro will pay up to A$0.57 a share to all African Iron shareholders if the South African firm acquires 75% or …

Obambi told the newswire that the mine delivered 3 million tonnes of iron ore in 2017, and the export of the material helped SAPRO generate a US$1.5 million profit from iron ore. "We expect to reach 5 million tonnes at the end of this year," he said, adding that plans for expansion at Mayoko will lift output to about 150 million tonnes.

Diesel Power Congo has been awarded a $25.8-million openpit quarrying and mining contract at the Mayoko iron-ore project.

RPMGlobal has completed over 500 iron ore projects globally, spanning more than 25 countries. We have worked in the major iron ore regions around the world including: • WA Pilbara Region - Australia ... Lambert Iron Ore Mayoko Iron Ore Project Maiden JORC Resource Estimate Central West Africa Iron Ore Prov-ince, Congo Magnetite & Hematite …

African Iron (ASX: AKI) has delivered a hematite JORC Resource of 121 million tonnes at its 92% owned Mayoko Iron Ore Project in the Republic of Congo, representing a 267% increase on the initial ...

The Mayoko project, located in the Niari orovince, was acquired by Exxaro in 2012. Following the global economic downturn and collapse of iron ore prices in 2014, Exxaro took a decision to stop all project development activities and in June 2014 announced the impairment of the Mayoko project.

By Palesa. September 30, 2016. The Mayoko project, located in the Niari orovince, was acquired by Exxaro in 2012. Following the global economic downturn and collapse of …

Exxaro will start iron ore mining operations at its Mayoko Iron Ore Project as soon as the Congolese government finalises agreements on the use of rail and port facilities. Exxaro Resources Limited is 15% owned by the Industrial Development Corporation and is South Africa's second-largest coal producer; it also has interests in …

Mixed news from Mayoko iron ore projects. This content is not included in your organisation's subscription. To request access or to find out more about EIU's solutions, please contact [email protected] | Featured analysis. Economy | March 14th 2024 CEMAC's ban on raw timber exports unlikely to happen by 2028 ...

The companies will also rehabilitate an old 182-kilometer rail section as part of the construction phase. SAPRO Mayoko. SAPRO Mayoko is a subsidiary of Sapro Group, founded by Congolese billionaire Paul Obambi. It operates an iron-ore project at Mayoko, which it procured from the South African Exxaro Resources Limited in 2016.

The Mbalam Project is set to be one of the largest projects in the sub-region. Supply more than 10,000 direct and indirect jobs once in production. Estimate to increase Cameroon's GDP by approximately 10% once in production. Stage 1 operational expenses estimated at US$742 Million per year - will stimulate growth and development for local ...

The ore quay at Saldanha has two berths where two vessels of 310,000 deadweight tonnage can simultaneously tie up at the iron ore jetty. The terminal operates 24/7 and has the capacity to offload 10,000 tonnes per hour onto a vessel. From arrival to departure an ore vessel carrying 170,000 tonnes will be in Saldanha Bay for just 24 hours.

Sapro Mayoko, a Sapro Group subsidiary, is the first iron ore producer and exporter in the Republic of Congo, offering premium iron ore lumps and fines for export. Our iron ore mine is located in Mayoko, in the Niari province of the Republic of Congo (Congo Brazzaville), close to the Gabon border. O

Exxaro wrote-down assets totalling R5.96bn in its 2014 financial year of which R5.76bn related to the Mayoko project. Exxaro bought Mayoko after successfully bidding R2.8bn for Australian-listed African Iron in January 2012. Exxaro then spent a further R3bn on the project which it believed could produce 12 million tonnes a year (mtpa) of iron ore.

Australia s Equatorial Resources has completed the scoping study for its Mayoko-Moussondji iron ore project in the Republic of Congo and plans to apply for a mining licence immediately, the company said Tuesday. ... The Perth-based company plans to produce a Mayoko premium fines iron ore of grading 64.1% Fe from the project at a …

Iron Ore Project in the Republic of the Congo and also held a 2% royalty on all future production from the Mayoko-Moussondji Iron Ore Project. As at 30 June 2021, Equatorial had A$20.0 million in cash with 125.9 million shares on issue. This announcement has been authorised for release by the Company's Board of Directors.

The Mayoko Iron Ore Project, which is the larger one of the two, lies on the Precambrian Congo Crator of West Africa and covers 1,000km2. The area is characterised by meta-sedimentary rocks, which are more than 2,540 million years old. The rocks are highly metamorphosed almost up to granulite facies. The total indicated iron ore resources are ...

Stretching for 412km, the new Mayoko to Pointe-Noire port railway will be constructed within a span of five years after which it will help with the evacuation of about …

June 26, 2014. [ miningmx] – AUSTRALIAN-listed Equatorial Resources attempted to put clear blue water between its iron ore project in the Republic of Congo (RoC) and the venture Exxaro Resources said it would impair, possibly by up to R5.3bn. "Equatorial is developing a stand-alone project at Mayoko-Moussondji," said Equatorial ...

SAPRO operates an iron-ore project at Mayoko acquired from Pretoria, South Africa-based Exxaro Resources Ltd. in 2016. Exxaro sold the enterprise after failing to secure port and rail agreements ...