Bellzone Mining moves towards AIM with US$100 funds

IRJ Mar 8 - Bellzone Mining, an iron ore operator and explorer currently working in West Africa, plans to make its debut on the AIM with US$100 million in fundraising. The company states that these funds through fundraising and public listing will enable it to accelerate its drilling programme upgrade and reach new JORC- compliant resources and complete its Bankable Feasibility Study for its currently 2.4bn tonnes JORC Kalia project in Guinea.

The company, which intends to list as ‘BZM,’ reports that this marks a significant milestone in its journey to becoming a significant iron ore producer and reach its 50 tonnes per annum iron ore production target.

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