IC2 Global into iron ore

SHARES in communications company IC2 Global doubled yesterday after the company was told by Geological Investigations that its first foray into the resource sector, the Victory Bore iron ore project in Western Australia, has the potential to host 30-500 million tonnes of iron ore.

IC2 Global chief executive Rodger Johnston told MiningNews.net that picking up the 160 square kilometre project was an opportunity too good to overlook.