Arrow Minerals Advances Bauxite and Iron Ore Projects in Guinea

Arrow Minerals Limited is progressing its Niagara Bauxite Project in Guinea, with a resource report expected in March and a Scoping Study by June. The company is also advancing its Simandou North Iron Project, aiming for significant growth in the bauxite and iron ore markets through strategic partnerships and efficient logistics.

Arrow Minerals Limited is making significant progress with its Niagara Bauxite Project located in Guinea. The company anticipates releasing its maiden resource report by March, followed by a Scoping Study slated for June. With 184 drilled holes and the commencement of engineering fieldwork, attention is currently directed towards optimizing logistics for product export. Furthermore, Arrow is engaged in ongoing discussions regarding strategic partnerships and offtake agreements, all benefiting from the project’s advantageous location near the Trans-Guinean Railway.

In addition, the Simandou North Iron Project is moving forward, with testwork and cost reporting expected to be released in the forthcoming months. These advancements strategically position Arrow Minerals for considerable growth within the bauxite and iron ore markets, emphasizing their commitment to developing viable mining operations in West Africa.

Arrow Minerals Limited focuses on extracting mineral resources, primarily bauxite and iron ore, in Guinea. The company’s strategic initiative centers on developing smaller ‘starter’ projects that hold the potential for expansion into significant mining ventures, leveraging proximity to key infrastructure such as the Trans-Guinean Railway, which is vital for transportation and export.

In summary, Arrow Minerals Limited is advancing its bauxite and iron ore projects in Guinea, with promising timelines for the release of resource reports and scoping studies. Their strategic focus on logistics and partnerships, coupled with the advantages of infrastructure proximity, positions the company favorably for expansion in the mining sector. As Arrow navigates new developments, it remains committed to enhancing its operational capabilities in mineral resource extraction.

Original Source: www.tipranks.com