Zanaga Iron Ore Co Ltd 2011 Annual Report with Sustainability Disclosures
Company: Zanaga Iron Ore Co Ltd
Sector: Mining & quarrying
Country: British Virgin Islands
Year: 2011
Type: Annual Report with Sustainability Disclosures
Pages: 68
The report describes Xstrata's acquisition of a 50% plus one share interest in the Zanaga Project and its assumption of project management. It reports that the 2011 resource expanded to 4.3Bt at an average grade of 33% Fe, while studies found both rail and pipeline transport options economically viable. The Project adopted Xstrata's Sustainable Development Framework, with corporate-responsibility examples covering local communities, environmental studies and health and safety.
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