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First shipment from Forecariah

27th Dec 2012 07:00

RNS Number : 3029U
Bellzone Mining PLC
27 December 2012
 



27 December 2012

 

Bellzone Mining plc

("Bellzone" or "the Company")

 

Bellzone announces sailing of ship carrying first shipment of iron ore from the Forecariah JV

Bellzone Mining plc (AIM: BZM) is delighted to announce that the first shipment of iron ore from the 50:50 Forecariah joint venture operation in the Republic of Guinea, West Africa was despatched on 26 December 2012. 

The Company will issue a more detailed statement on January 3, 2013.

Enquiries:

 

Bellzone Mining plc

Peta Baldwin, Corporate Affairs +44 (0) 1534 834 698

 

Canaccord Genuity Limited

Nominated Adviser and Broker to Bellzone +44 (0)20 7523 8000

Andrew Chubb/Tarica Mpinga

Tavistock (UK)

Jos Simson/Mike Bartlett +44 (0)20 7920 3150 / +44 (0)7899 870 450

 

About Bellzone Mining Plc

Bellzone Mining plc is an exploration and resource development company with iron ore and nickel/copper permits in the Republic of Guinea, West Africa. Kalia Mine Project is the Company's flagship project with a magnetite resource giving an average mass recovery of 31.86% for 1.475 billion tonnes of 68.7% Fe Magnetite concentrate product and Oxide / SBIF components providing 309.2 million tonnes at +58% Fe of a low cost, stable, quality fines product. The Forécariah iron ore mine commenced production in May 2012 and is a joint venture between Bellzone (50%) and China International Fund Limited (50%).

 

www.bellzone.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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