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Bellzone Mining the Republic of Guinea focused miner has announced it will receive $750 000 £451 000 from China Sonangol International
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Bellzone and CIF have agreed to create a 50 50 joint venture to finance develop produce transport export and sell iron ore from the Forecariah permits held by a subsidiary of CIF in southwest Guinea and CIF will have the rights to purchase 100% of the offtake from the Kalia prospect at market price Nik Zuks Managing Director of Bellzone
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For smaller companies like African Minerals London Mining and Bellzone which operate a comparatively tiny portfolio of mines at much higher cost a sustained fall in the iron ore price is a far harder squall to surmount African Minerals and London Mining operate mines in Sierra Leone while Bellzone is in Guinea
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Herbert Smith Freehills LLP s mining practice group is backed by a strong corporate M A department that can handle large transactional mandates for industry leaders including Anglo team is overseen by European mining group head Greg Mulley in London and advises on project financing and mine developments across emerging markets In a recent highlight the team acted on a first
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About Bellzone Mining Plc Bellzone Mining plc is an operating and exploration and resource development company with iron ore and nickel/copper permits in the Republic of Guinea West Africa Kalia Mine Project The Company s flagship project the Kalia Mine Project is planned to produce 46mt of oxide iron ore and iron ore concentrate in 2024
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This creates the most strategic link of the transport network required to unlock Guinea s iron ore puts two mines on line within four years instead of one and multiplies annual mining revenue tenfold in a short time Bellzone plans a two staged development with 20 million tonnes of annual output by 2024 ramping up to 50 million
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It has drilling operations in Guinea and Senegal and its African corporate offi ce is in Conakry Guinea It has worked with the likes of Rio Tinto Anglo American BHP Billiton Bellzone and Teranga Gold Founded by Executive Director Graham Keys SBDG was formed in 2024 and is a recognised industry leader in the African RC drilling market
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Bellzone Mining Guinea BHPB Minerals Exploration Sub Saharan Africa Blackthorn Resources Zambia Goldfields Ghana Lubambe JV Zambia MPD Congo Xstrata DRC MTN Sub Saharan Africa Mwana River Resources DRC Ro Tinto Sub Saharan Africa Roc Oil Cabinda Teichman International Angola VALE Sub Saharan Africa Disease Profiles
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Under the terms of the agreement signed on June 5 with the Guinean authorities the new buyer has undertaken to pay off up to $25 million to the creditors of Forecariah Guinea Mining a subsidiary of bankrupt Bellzone Mining and to restart the operation of the mining project located in the southwest of the country The mining company will also rehabilitate the port of Konta and develop
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Bellzone Mining Plc 1 year 7 months Mining Supervisor at bellzone Mining plc Nov 2024 May 20151 year 7 months Guinea Forecariah in charge of • checking of the procedures and norms of
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Guinea focused iron ore company Bellzone Mining has called in the liquidators after its largest shareholder and main backer Hudson Capital prevented it from raising any further equity and debt
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Bellzone Mining plc Bellzone is involved in the exploration operation and development of iron copper and nickel licenses in the Republic of Guinea West Africa
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Bellzone s shares have fallen from 92p in early 2024 to at Friday s close giving the company a market capitalisation of £ Get alerts on Guinea when a new story is published Get alerts
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16 March 2024 Neville Registrars is delighted to welcome Bellzone Mining plc as the newest addition to its list of client companies Bellzone Mining is an emerging iron ore and nickel exploration and development Company operating in the Republic of Guinea West Africa
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Bellzone Mining says it plans to begin work early next year building the Kalia rail and port project which will allow the export of iron ore from the firm s Kalia firm said work on the infrastructure project in Guinea was progressing well in today s update The infrastructure project is owned and managed by Kalia Horizon Minerals Pte which is a 90 10 JV established by China
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Mar 24 2022GUINEA Guinean iron ore boom could rekindle mothballed Bellzone project 24/03/2024 Africa Intelligence The Continent Eastern Africa and the Horn Southern Africa and islands West Africa Central Africa North Africa TOPICS Politics Business Diplomacy SECTORS Energy Mining Infrastructures Defence Finance Commodity traders Countries
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Bellzone Mining PLC said June 11 that it is exploring options to maximize the present value of its major assets the Konta port and the Kalia iron ore project in Bellzone said it started an active dialogue with a number of unrelated parties but emphasized that discussions are still at an exploratory stage and there is no certainty of a future transaction
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Jersey based mining company Bellzone Mining plc is currently developing two iron ore assets in Guinea West Africa Forecariah and Kalia A 15 year mining license was recently granted to the company for the Forecariah site with output expected to reach 4 million metric tons per year by 2024
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In this case I believe it is good for Guinea as the country will gain much more with Junior mining companies like Bellzone than giant These companies are more eager to do what is required and can
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View 1 other document s associated with Kalia Bellzone Mining Bellzone Holdings Bellzone Holdings Pty Ltd Concession 2024 SCS Corporation PSA 2024 Download
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Santou Guinea Evergreen Mining Intelligence SA TBEA Co Ltd Concession Agreement 2024 30 Clip Download PDF MS WORD MS EXCEL Annotations Only 2024 Bauxite Aluminum
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LONDON Alliance News Bellzone Mining PLC Wednesday said that the review into its Kalia project in the Republic of Guinea in West Africa has shown that the iron ore resource in the northwest area includes significant nickel laterite mineralisation The mining company said that the mineralisation potentially presents a new opportunity to commence iron ore mining and pig iron production
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Guinea AngloGold Ashanti advised on various aspects of its Siguiri gold project including the renegotiation of its mining convention with the Government and on various corporate aspects Bellzone Mining assisted with the renegotiation of its mining convention with the Government Alufer represented on financing the Bel Air bauxite
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Bellzone Mining the company aiming to build Guinea s first commercial iron ore mine says the project remains on schedule At the mine itself key staff are in place and explosives permits and
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The Forecariah iron ore mine began production in May 2024 with plans to ramp up the operation in the New Year Bellzone is an exploration and resource development company with iron ore and
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Bellzone which began trading on London s AIM in April has the Kalia prospect in Guinea Kalia has an inferred JORC compliant magnetite resource of billion tonnes and it has the potential to host more than 13 billion tonnes of magnetite and billion tonnes of oxide ore Bellzone will release a JORC oxide resource in December this year
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Bellzone Mining LON BZM said the definitive feasibility study for its Kalia mine in the Republic of Guinea shows that the project is viable and would provide fast cash flows from
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It is not so easy to just mint money by mining in Guinea Australian miner Bellzone collapsed last year after it was unable to raise the funds needed for investment and continuing its operations And mining activity is not improving the lives of locals very much
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Guinea has amended its mining code to reduce some taxes and improve the investment climate as investors and major producers in the sector grow more wary of big ticket projects in difficult locations
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