How much capex is estimated for Stage One in the April 2026 project economics?

Zanaga Iron Ore Company Ltd is a project-stage iron ore developer advancing the Zanaga deposit in the Republic of Congo. The company completed a project development strategy programme in April 2026 and targets a Final Investment Decision in mid-2027.

Sector: Mining & Metals

Insight

How much ore does Zanaga’s bulk sampling programme target extracting?

Zanaga’s bulk sampling programme targets extracting approximately 30,000 tonnes of ore to produce a 100-tonne composite sample of the hematite zone.

Updated 15 Sept 2026

Insight

What deadline has been set for Red Arc Minerals' proposed strategic equity investment to conclude?

Red Arc Minerals' proposed strategic equity investment has had its transaction-conclusion deadline extended to 30 November.

Updated 15 Sept 2026

Insight

What permits did Zanaga say it was working under for excavation?

Zanaga said excavation is proceeding under environmental and mining permits secured after consultation with Republic of Congo ministries, the Prefecture, project communities and traditional custodians.

Updated 15 Sept 2026

Insight

What were the Stage One capex, NPV and IRR from Zanaga Iron Ore's updated April 2026 economic model and DRI flowsheet costing?

Zanaga Iron Ore reported Stage One capex of US$2.17bn, Stage One NPV of US$2.54bn and Stage One IRR of 22.5% in its updated April 2026 economic model and DRI flowsheet costing release.

Updated 15 Sept 2026

Insight

Where is Zanaga Iron Ore Company's bulk sampling programme being launched?

Zanaga launched a bulk sampling programme at the Zanaga Iron Ore Project in the Republic of Congo.

Updated 15 Sept 2026

Identifiers

Ticker: ZIOC
ISIN: VGG9888M1023
LEI: 21380085XNXEX6NL6L23

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GLEIF

Timeline

Zanaga Iron Ore

Zanaga starts bulk sampling at Congo iron ore project

Zanaga extends Red Arc deadline as $500m DFI financing advances

Zanaga raises £5.7m to accelerate Zanaga Project workstreams

Zanaga completes DRI process plant costing

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