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    cobalt investing

    African Eagle Resources Defines 16 000 t of Cobalt at a Grade of 0.06% at Zanzui

    Written by Investing News Network
    |
    Jan. 08, 2013 08:33AM PST

    Mining Weekly reported that African Eagle Resources announced inferred resource of 27-million tons of metal at its 85%-owned Zanzui project located in Tanzania

    Mining Weekly reported that African Eagle Resources announced inferred resource of 27-million tons of metal at its 85%-owned Zanzui project located in Tanzania.

    As quoted in the market report:

    Estimated metal contained in the newly defined resource was around 219 000 t of nickel at a grade of 0.81% and 16 000 t of cobalt at a grade of 0.06%.

    To view the whole Mining Weekly report, click here.

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