AKO
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Company News
AKORA Resources Completes 85% of Planned Trenching Program to Expand Bekisopa Iron Ore Resource
AKORA Resources (ASX: AKO) has completed 260 metres of a planned 300m trenching campaign to expand the direct shipping iron ore (DSO) resource at its high-grade Bekisopa iron ore project in Madagascar. The company is utilising local contract labour to assist with the mapping of historical trenches and pits across the tenement, focused on the zone […]
AKORA Resources Advances Plans for Stage 1 Operation at Bekisopa Iron Ore Project
AKORA Resources (ASX: AKO) has continued to advance plans for the production of up to 2 million tonnes per annum of 60% iron average grade direct shipping ore (DSO) from its Bekisopa project in Madagascar for export to blast furnace steelmakers. The company is also potentially looking to upgrade the ore to a +67% iron concentrate for shipping […]
AKORA Expands Resource Footprint With Surface Trenching at Bekisopa Iron Ore Project
AKORA Resources (ASX: AKO) has commenced surface trenching exploration at its wholly-owned Bekisopa project in Madagascar, aimed at expanding the footprint of the near-surface direct shipping iron ore (DSO) resource. The program will focus on visible outcropping zones of potential DSO in areas outside of the known mineral resource, noting that some 60% of the known […]
Akora Resources Raises Additional Funds to Drive Bekisopa Development
AKORA Resources (ASX: AKO) has received strong support as it moves to raise approximately $2.91 million to support further development of its Bekisopa iron project in Madagascar. AKORA is conducting the capital raising is being undertaken through a placement of fully paid ordinary shares to raise approximately $0.83m and a non-renounceable entitlement offer of fully […]
AKORA Resources appoints new CEO to lead development of Bekisopa iron ore project
AKORA Resources (ASX: AKO) has appointed geologist and mining expert Peter Bird to the joint roles of managing director and chief executive officer following the retirement of current boss Paul Bibby. Mr Bird will be responsible for leading the development of the company’s flagship Bekisopa project in Madagascar, which AKORA expects to produce up to […]
AKORA Resources advances Bekisopa iron ore project with strong pre-feasibility results
AKORA Resources (ASX: AKO) continues to tick all the boxes as it fast-tracks development of its Bekisopa direct shipping iron ore (DSO) project in Madagascar. The company plans for the Bekisopa high-grade iron ore project to produce up to 2 million tonnes per annum of DSO at an average grade of 61.6% iron for export […]
AKORA Resources granted key tenement renewal in major step forward for Bekisopa iron ore project
AKORA Resources (ASX: AKO) has been granted a key renewal for the main tenement of its 100%-owned Bekisopa direct shipping iron ore development in Madagascar. The Madagascan Mining Ministry / Bureau du Cadastre Minier de Madagascar has renewed Bekisopa’s PR10430 tenement, the first permit renewed in the country for many years. AKORA has also submitted […]
Akora Resources delivers high-quality, low capex results from Bekisopa DSO with pre-feasibility study
Akora Resources (ASX: AKO) has confirmed a low capital cost entry case of US$60.6 million and a pre-tax cash flow of US$310m over an initial six-year mine life with a pre-feasibility study (PFS) for its wholly owned Bekisopa iron ore project in Madagascar. Start-up costs will include US$6.8m for engineering, procurement, construction and management, with […]
Akora Resources confirms 35% increase to Bekisopa iron ore resource estimate
Akora Resources (ASX: AKO) has announced a 35% increase in the indicated and inferred mineral resource estimate (MRE) at its Bekisopa project in Madagascar. The new MRE of 10.6 million tonnes grading 54.8% iron replaces the previous resource announced in May of 7.9Mt at 58.9% iron, which followed drilling and study work highlighting the potential […]
Akora Resources confirms DSO upgrade potential at Bekisopa iron ore project
Metallurgical test work on samples from Akora Resources’ (ASX: AKO) flagship Bekisopa iron ore discovery in Madagascar has confirmed the ore’s upgrade potential and improved the company’s confidence in increasing the project’s mine life and tonnages. Bekisopa contains intermediate-grade direct shipping ore (DSO) mineralisation, which ranges in grade from 40% to 58% iron and typically […]
Company Videos
Akora Resources on target for Bekisopa DSO project with robust PFS results
Akora Resources on target with cleaner iron ore for greener steel strategy
Akora Resources on target with positive Bekisopa iron ore scoping study
Akora increases Bekisopa Southern Zone DSO iron resource by 34%
Akora Resources cashed up to advance Madagascar iron ore project
