African Eagle reports progress at Dutwa project
JOHANNESBURG (miningweekly.com) – Aim- and JSE-listed African Eagle on Tuesday reported that the company had made “substantial advances” at its flagship Dutwa nickel project, in Tanzania, during 2012.
The company, which was working towards completing a bankable feasibility study for the project, noted that it had advanced its efforts regarding the environmental- and social-impact assessment, which was being performed in accordance with Tanzanian government regulations and the industry-standard Equator Principles.
Further, the resource estimate for Dutwa had been upgraded and extended, with more than 100-million tons occurring in the indicated category, grading at 0.92% nickel.
African Eagle had also determined that rail transport to and from the project was a viable option and efforts had been made to secure agreements with the governments of Tanzania and the surrounding States on the method and structure of rail operations in support of the operation.
In addition, the company had held early stage discussions with potential strategic partners and said it would shortly expand its efforts in this regard.
African Eagle was also planning to undertake a mini pilot plant test programme, which would model the full process flow sheet at a small scale.
The company expected this to derisk the more costly main pilot plant and to provide early confirmation of the process performance predicted by the beneficiation and leach test programmes.
The integrated test will enable the production of limited quantities of nickel product, which the company will use in its development activities and in support of the search for a strategic partner.
African Eagle CEO Trevor Moss said he was pleased with the progress made to date on the development and definition of the project.
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