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African Iron expands Congolese footprint

AUSTRALIA-based iron ore explorer African Iron has boosted its landholding in the Republic of Congo by 95%, after securing a majority stake in an authority to prospect at Ngoubou-Ngoubou, to the north of its Mayoko-Lekoumou exploration permit.

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African Iron expands Congolese footprint

African Iron said the company’s landholding had increased to 1944 square kilometres, with 944sq.km of the land secured through the new 85% owned Congolese subsidiary, African Iron Exploration. The...

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