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African Eagle Resources has announced that it plans to start construction of a Tanzanian nickel mine in 2014, with first production of the metal expected to begin in 2016
The company said its Dutwa project, located 100km east of the gold-rich Mwanza region, has a resource of 110mn tonnes at 0.9 per cent nickel.
Aidan Schoonbee, director of African Eagle’s Dutwa resource, said, “This represents around one million tonnes of nickel metal. The anticipated life of mine is more than 20 years.”
Schoonbee said the company expected to apply for a mining license next year after conclusion of the environmental and social impact assessment of the project.
The exploration company said on its website that it planned to build an open pit mine to produce around 27,000 tonnes per year of nickel.