By: African mining market

Zanaga Iron Ore Company Ltd. has appointed Tamesis Partners as a joint broker to bolster investor relations and support the advancement of its flagship iron ore project in the Republic of Congo. The company will retain Panmure Liberum as its nominated advisor and joint broker, alongside existing joint broker Shard Capital.

Tamesis highlighted the Zanaga Project’s potential to produce high-grade pellet feed suitable for direct reduced iron (DRI) – a cleaner steelmaking method increasingly in demand as the industry seeks to reduce emissions. According to Tamesis, this positions Zanaga as one of the world's most significant iron ore development opportunities, with strong projected economic returns.

CEO Martin Knauth stated that Tamesis's mining expertise will support the company's growth plans as it moves closer to construction. The appointment aims to broaden investor awareness and accelerate progress toward the development of the large-scale iron ore deposit.