Apollo Minerals (ASX:AON) has updated its exploration target at its Kango North iron project in Gabon, to between 2 billion tonnes and 3.5 billion tonnes, grading 30 to 40 percent iron, Steel Guru reported.
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Business Standard reports that Jindal Steel and Power Ltd (BOM:532286) has secured five exploration licences for iron ore mining in African countries.
Reuters reported Gabon may not award its Belinga concession before 2014 as it reassessed how much iron ore the deposit contains.
Mining Weekly reported Waratah Resources (ASX:WGO) reported an update on the Youkou and Mekambo-Est iron project on the border of Gabon and Congo.
Bloomberg reported Gabon is close to handing over control of its largest iron ore mine to BHP Billiton Ltd. (NYSE:BHP,ASX:BHP).