Bellzone Mining plc is an emerging iron ore, copper and nickel exploration and development Company operating in the Republic of Guinea, West Africa.
Listed on the AIM Market in April 2010 and registered in Jersey, Channel Islands, Bellzone has offices in Jersey, Conakry (Guinea) and Singapore.
Our iron ore and nickel/copper activities are managed from our in-country head office in Conakry.
The Bellzone team focuses on delivering the outcomes required to reduce project risk, increase the Company’s resources and develop the opportunities that will add value to the Company and its shareholders.
Bellzone works successfully with local communities and government to effectively contribute to, and communicate, the positive socio-economic benefits of the Company’s presence.
Bellzone’s strategy centres on continuous community consultation and communication with a focus on local employment and skills training, as well as supporting traditional community and project activities. Goods and services are sourced locally where possible and the Company continues to focus on employment of people from the local community as a priority.
Bellzone recognises that the activity of mining alters the local environment. The Company, therefore, works effectively with appropriate government departments and communities to manage the environmental impacts associated with mining projects. A set of environmental standards, procedures and practices is implemented and monitored by dedicated environmental staff to ensure the effective management of our environmental impact.
Kalia Mine Project is the Company’s flagship project. The Forécariah iron ore mine commenced production in May 2012 as a 50:50 JV between Bellzone and CIF.
The Bellzone permits are located east of Conakry and accessed by an existing bitumen road:
- The Kalia Iron Permit covers an area of 573km2 and is located approximately 250km east of Conakry. Kalia has received all relevant mining permits.
- The Faranah Iron Permit, located immediately adjacent to the east of the Kalia Iron Permit, covers an area of 808km2. All the relevant mining permits are in place.
- The Forécariah Iron Permit covers an area of 319km2 and is located 76km (by haul road) from the port of Konta.
- On 17 September, 2013, Bellzone released the results of its Kalia Bankable Feasibility Study to the market. The study shows the Kalia Phase 1 (KP1) Project to be at 7 million dry tonnes of production per annum with a 58% iron, <6mm fines product for the first 10 years. The study also shows a total capital cost of $865m with an IRR of 37.5%.
- In December 2012, the Forécariah JV operation shipped its first cargo of iron ore to market from the port of Konta in Guinea. This was a watershed achievement marking the first iron ore to be shipped from Guinea since 1966.
- The Sadeka Prospecting Permit is located approximately 150km south-east of Kalia and is centred on the town of Albadaria. It covers an area of 2,086km2 with the rights to explore for nickel, copper, cobalt, manganese, platinum and chromium. The permit was renewed by Bellzone through to February 2015; discussions with the Government of Guinea about a revised or renewed permit continue.