Company Profile

African Eagle Resources is positioned to become a significant low-cost independent nickel producer

African Eagle is a nickel exploration and development company listed on the London AIM (AFE) and Johannesburg AltX (AEA) stock exchanges.

The Company is currently conducting a Bankable Feasibility Study on its flagship asset, the Dutwa Project in Tanzania.

Most recently the Board and management was strengthened for the Company's development and production phase.

Calendar

  • Publication of Bankable Feasibility Studyin Q1 2013
  • Annual General Meeting, London20 June
  • Release of Annual Results6 June
  • General Meeting, London24 April
  • Mines & Money, Hong Kong20-23 March

Resource

Dutwa is a significant nickel project with around 100 million tonnes at ~ 1% equivalent. The project was discovered in mid-2008. An updated JORC resource is due mid 2012. more...

Mining

The deposits are readily accessible and situated on hilltops. The mining method with be open pit, with minimal pre-stripping required and a very low ore to waste ratio. more...

Metallurgy

Dutwa's nickel ores have been proven to be amenable to atmospheric tank leaching as opposed to HPAL which will result in lower capital and operating costs. more...

Timeline

African Eagle is targeting an aggressive timeline, with the Bankable Feasibility Study due for completion by the end of 2012 and first production during 2015. more...

UK Office & Registered Address: 1st Floor, 6-7 Queen Street, London, EC4N 1SP, UK
Phone: +44 20 7248 6059 / Fax: +44 20 7691 7745 / E-mail: info@africaneagle.co.uk

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