African Eagle Resources Plans To Start Nickel Mine Construction

Oct. 24, 2012 12:20PM PST

Reuters reported African Eagle Resources Plc (LSE:AFE) says it will start construction on a nickel mine in Tanzania in 2014 and expects to begin producing in 2016.

As quoted in the market news:

The company said its Dutwa project located around 100 km east of the gold-rich Mwanza region, has a resource of 110 million tonnes at 0.9 percent nickel.

Click here to read the full Reuters report.