Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  Bellzone Mining PLC    BZM   JE00B3N0SJ29

Delayed Quote. Delayed London Stock Exchange - 09/22 02:30:17 am
0.525 GBp   --.--%
1d agoDJHigh-Cost Iron-Ore Producers Face Funding Shortfalls
1d ago BELLZONE MINING : Suspends Shares As Funding Woes Continue
5d ago BELLZONE MINING : Funding update
SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisions 

China Fund, Bellzone Eye Rio Tinto's Simandou Project -Report

05/06/2012 | 12:07pm US/Eastern
Recommend:
0

China International Fund and London-listed mining company Bellzone Mining PLC (>> Bellzone Mining PLC) are planning to take over Rio Tinto PLC's (RIO, RIO.LN) share of the giant Simandou iron ore project in Guinea, the Sunday Times reports, citing a presentation from last year.

CIF, a company set up by a syndicate of Hong Kong traders and Angolan state-owned oil firm Sonangol, was joined by Bellzone in making a pitch to the Guinea government to develop the project even though Rio had already reached a deal, the Sunday Times reports, citing the presentation dated Aug. 2011.

"What's wrong with that?" said Bellzone Chief Executive Nik Zuks last week when asked if he was trying to take over Simandou despite Rio's contract, the Sunday Times reports.

Rio Tinto declined to comment when contacted by Dow Jones Newswires.

-By London Bureau, Dow Jones Newswires, +44 207842 9471, alexis.flynn@dowjones.com

Stocks mentioned in the article : Bellzone Mining PLC
Recommend :
0
React to this article
Latest news on BELLZONE MINING PLC
1d agoDJHigh-Cost Iron-Ore Producers Face Funding Shortfalls
1d ago BELLZONE MINING : Suspends Shares As Funding Woes Continue
5d ago BELLZONE MINING : Funding update
6d ago BELLZONE MINING : Shares Plunge As Money Continues To Run Out
6d ago BELLZONE MINING : Funding update
09/01 BELLZONE MINING : Drops On Further Drawdown Of China Sonangol Facility
09/01 BELLZONE MINING : Funding update
08/21 BELLZONE MINING : Short term finance update
08/18 BELLZONE MINING : Short term finance update
08/18 BELLZONE MINING : Secures USD4 Million Short-Term Financing Loan
Advertisement
Chart
Duration : Period :
Bellzone Mining PLC Technical Analysis Chart | BZM | JE00B3N0SJ29 | 4-Traders
Income Statement Evolution
Bellzone Mining PLC : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF