Bellzone surges on Guinea study

Aim-listed Bellzone Mining yesterday reported the results of a feasibility study for a project in Guinea, which forecast full production of seven million tonnes per year for the first ten years, at a cost of $34.40 (£21.60) per tonne. “This looks like a very positive outcome for the company, pointing towards a meaningful sized operation,” said broker Investec. Shares closed 9.3 per cent higher at 4.40p.