Exxaro granted Mining Convention for Mayoko

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

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Simandou

Simandou iron ore project update. SYDNEY--(BUSINESS WIRE)-- Rio Tinto will provide an update today at its Investor Seminar on the world class Simandou iron ore project in Guinea, which is being progressed in partnership with CIOH, a Chinalco-led consortium, Winning Consortium Simandou1 (WCS), Baowu and the Republic of Guinea.

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THE MBALAM-NABEBA IRON ORE PROJECT

Cameroon's Premier Port, Rail and Mine Project • 510km railway for transport of iron ore with 70km spur line connecting Nabeba deposit • Mineral Terminal Facility at Lolabe capable of taking "China Max" bulk iron ore carriers of up to 300,000 DWT • Stage 1: Production rate of 35Mtpa Direct Shipping Ore for a minimum 10 years • Stage 2: Continued production at 35Mtpa of high …

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CONCLUDES DISPOSAL OF MAYOKO IRON ORE PROJECT

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. It is expected that iron ore prices will remain depressed over the foreseeable future.

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150813

the difficult economic climate for iron ore projects, Mayoko-Moussondji capitalises on its competitive advantages of product quality and infrastructure availability, and captures a first-mover advantage in the regional iron ore industry". Chairman of Interalloys, Mr Nick Clarke, commented: "The acquisition of Mayoko-Moussondji is an ...

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Exxaro plans to acquire African Iron for $349m

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 more of the fully …

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Microsoft Word

Mayoko Iron Ore Project ("Mayoko Project" or "Mayoko"), located in the Republic of Congo, West Africa (refer Figure 1). The Company has previously advised the market of the results of the Phase 1 drill program (18 diamond holes for 3,687m) (refer ASX Announcement dated 14

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Demand for resources drives African rail boom

Equatorial's Mayoko - Mossendjo Iron Project plans to transport its ore along a 285km 1067mm-gauge dedicated heavy-haul line built in 1962 to carry manganese from the north of the country to a connection at Mount Bélo on the Congo Océan Railway (CFCO) which links Brazzaville, the capital, to Pointe Noire on the Atlantic coast.

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MAYOKO IRON ORE PROJECT – EXXARO

The Client planned to establish an Iron Ore Mine in the vicinity of Mayoko located within the south-west region of the Republic of Congo. To accommodate its target of producing 10Mtpa of iron ore by 2017, the existing rail corridor was identified …

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METALLURGICAL TEST R ESULTS RECEIVED FOR …

-Moussondji Iron Ore Project ("Mayoko Table 1: DTR Concentrate Results -Moussondji these results demonstrate the superb esults are superior to other regional and international -Moussondji. We are very encouraged as this is the first step of a Fe SiO 2 Al2O3 P % % % % 68.9 3.7 0.11 0.010

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Nimba Alliance Iron Ore Project

The Nimba Alliance Iron Ore Project (the Project) holds significant landholding in Guinea's Nimba Iron Ore Corridor, comprising majority ownership of two permits: the Nimba West permit, covering approximately 198km², and the Nimba North …

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Exxaro ready to roll at Mayoko

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 iron ore and ...

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Mayoko Iron Ore Project Mine

Mayoko Iron Ore Project Mine is an iron ore mine operating in Brazzaville, Republic of the Congo.. Location. The map below shows the approximate location of the mining asset in Brazzaville, Brazzaville, Republic of the Congo:

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Exxaro moves to exploit Mayoko iron ore project in Congo

Exxaro's Mayoko iron ore project in Congo Cape Town, South Africa — 05 June 2012 – South African diversified miner Exxaro is to upgrade a railway line in the Republic of Congo to transport at least 10Mtpa by 2016 as it moves to exploit its recently acquired Mayoko iron ore project in that country. The French-built railway, constructed in 1931, currently has a …

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RoC, Exxaro to return Mayoko to drawing board

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.

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Mining Weekly

The project currently has a Joint Ore Reserves Committee-compliant mineral resource of 121-million tons of iron-ore, consisting of a hematite cap of direct shipping ore (DSO) at 55% iron and ...

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Exxaro writes down $543m on Congo project

JOHANNESBURG (Reuters) – South African mining group Exxaro has taken a 5.8 billion rand ($543 million) write-down on its Mayoko iron ore project in the Republic of Congo after failing to reach port and rail agreements, the company said on Wednesday. Exxaro acquired the Mayoko project in 2012 as part of a takeover of Africa Iron as it sought to expand investment …

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MINERAL RESOURCES AND ORE RESERVES REPORT

Lekoumou and Ngongo iron ore projects (part of the larger Mayoko project), near the town of Mayoko in the Republic of the Congo (RoC). 2.2 MINERAL ASSETS NOT ATTRIBUTABLE TO EXXARO Mafube coal mine in Mpumalanga province, near the town of Middelburg Moranbah South project near the town of Moranbah, eastern Australia

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Mining Weekly

The project currently has a Joint Ore Reserves Committee-compliant mineral resource of 121-million tons of iron-ore, consisting of a hematite cap of direct shipping ore …

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