Asset Report
Zogota iron ore mine
Report summary
BSGR has relinquished its rights to Simandou Blocks 1 and 2 but Niron Metals, a company associated with the owners of BSGR, has negotiated the right to develop the smaller Zogota deposit which lies in Guinea's south. In order for Zogota to be developed, we believe it necessary for Niron Metals to negotiate an access agreement with ArcelorMittal for use of its rail line through Liberia. Niron would be expected to pay an access fee for this right. While Niron hoped to commence production from 2023 and produce 2 Mtpa of both lump and fines, Mick Davis's departure from Niron and no visible progress on this project suggests this timeline won't be achieved.
Table of contents
- Summary
-
Key issues
- Operations
Tables and charts
This report includes 12 images and tables including:
- Detail Map
- Participation
- Marketable reserves (at 01/01/2021)
- Production
- Production
- Operational Summary
- Infrastructure
- Cash costs
- Cash costs
- Capital costs
- Product quality
- Economic assumptions
What's included
This report contains:
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