Zanaga Iron Ore Co Ltd. has appointed Tamesis Partners as a joint broker, adding extra support as it pushes ahead with development of its namesake project.
Panmure Liberum will remain nominated adviser and joint broker, while Shard Capital continues in a joint broking role.
Tamesis said the ability to deliver that product “has positioned the Zanaga Project as one of the most significant iron ore development opportunities globally, with standout economic returns”.
The firm added that it aims to help broaden investor awareness as the project moves towards construction.
Chief executive Martin Knauth said Tamesis’s mining expertise would support the group’s growth plans.
Zanaga is working to develop a large iron ore deposit in the Republic of Congo, and recent technical progress has focused on producing a high-grade pellet feed suitable for direct reduced iron
This is a cleaner steelmaking route that is becoming more sought after as manufacturers try to cut emissions.
