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Zanaga Iron Ore Company Ltd Or (ZIOC)

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01-Jul-2022 10:40 AM

Zanaga Iron falls on widened loss as it secures sufficient funding

Zanaga Iron Ore Co Ltd on Friday reported it widened its annual pretax loss but said it had sufficient funds moving forward to support its development costs. Shares in Zanaga were down 7.3% at 1.90 pence on Friday morning in London. In
01-Jul-2020 09:25 AM

Zanaga Iron Ore posts annual loss as it develops Congo project

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 losses narrow as Congo mine development advances

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 widens FY pretax loss

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 H1 pretax loss widens to $4.7m

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 revise plans for iron ore project

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 narrows FY pretax loss

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 appoints Alistair Franklin as director

Zanaga Iron Ore Company has appointed Alistair Franklin as a non-executive director with immediate effect. Story provided by
23-Nov-2012 09:38 AM

Zanaga in share buyback

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 posts $7.4m loss for half year

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

Positive update on Zanaga Iron Ore drilling

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

ZIOC upbeat despite year losses

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

Xstrata enters Congo iron ore project

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

Zanaga Iron Ore floats on AIM with £62.1m placing

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18-Nov-2010 07:37 AM

Zanaga Iron Ore floats on AIM with £62.1m placing

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18-Nov-2010 07:37 AM

Zanaga Iron Ore floats on AIM with £62.1m placing

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18-Nov-2010 07:37 AM

Zanaga Iron Ore floats on AIM with £62.1m placing

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