Australia-based Genmin Limited has completed reclassifying the resource to indicated status at the Bandjougoy prospect of its Detrital Iron Deposit (DID) in Gabon following an infill drilling program, with the resource increasing by 1.5 million tonnes to 19.9Mt.

DID is part of the company's overall Baniaka project. Previous pilot-scale metallurgical test work on the Bandjougoy DID produced high-grade (64.8%) lump and 65.2% fines.