The government expects that mining companies who use these facilities, such as Equatorial and Exxaro, will be clients of the CFCO and the PAPN under terms negotiated with the Ministry of Transport and contained within the Mining Conventions that are associated with an approved Mining Licence.
The Transport Minister has confirmed that iron ore from Mayoko-Moussondji will be transported using the existing CFCO railway which links the Project to Pointe-Noire.
-- de compreensao de palavras orais (CPO) com frases complexas orais (CFCO
The 510km CFCO
line, also known as the Congo-Ocean Railway, is the main link between the capital Brazzaville and Pointe-Noire on the Atlantic and mainly follows the Congo river.
The ROC railway system is under the control of the CFCO
, a state owned and operated railway company, administered by the ROC Ministry of Transport.
The 510km CFCO
line is the main link between the capital Brazzaville and Pointe-Noire on the Atlantic and mainly follows the Congo river.
One consequence of this was the resumption of the Chemin de Fer Congo-Ocean (CFCO
) railway line between the port of Pointe-Noire and Brazzaville - the backbone of the country's communication system.
During late October 2012, Equatorial's Managing Director & CEO, Mr John Welborn, conducted a series of meetings in Brazzaville and in Pointe Noire with senior officials from the Ministry of Transport, from the state owned railway company Chemin de Fer Congo Ocean ("CFCO
") and from the state owned port company, the Port Authority of Pointe-Noire ("PAPN").
) has agreed to acquire Iowa, US-based fixed index annuities and life insurance provider Fidelity and Guaranty Life (NYSE: FGL) in an agreement approved by board of directors of both entities, the companies said.
Following the completion of a Rail Engineering Study, Equatorial signed an agreement with the state owned railway company Chemin de Fer Congo Ocean ("CFCO
") that detailed the terms on which Equatorial will invest to refurbish the railway line and outlined the responsibilities of the parties in relation to commercial transport.
We are delighted agreements are now in place with the major rail and port authorities in the Republic of Congo and that the CFCO
and the PAPN are partnering with us in developing the potential of the Mayoko- Moussondji Iron Project.