Zanaga Iron Ore Company is a JV partner (50% less one share) in the Zanaga project, a large-scale iron ore project in Congo (Brazzaville), which is managed by Glencore Xstrata.
Andrew Trahar (head of corporate development) discusses how the Zanaga project is now at the cusp of a critical milestone – delivering the feasibility study and moving into the mining licensing phase. He mentions the advantageous 2013 merger with Glencore Xstrata, one of the largest mining companies in the world and an experienced operator in Africa, which now manages the project. Moving into 2014, he highlights that the key short-term catalysts and value drivers for investors are the completion of the feasibility study, the granting of a mining licence and further progress on strategic partner negotiations.
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