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Dutwa Nickel

Sector: Raw Materials • Location: Tanzania

Source: International Finance Corporation (IFC)

Project
Completed

African Eagle Resources ("AFE" or the "Company") is a junior mining company with several exploration properties in Tanzania and Zambia. Its main focus is the advanced stage Dutwa nickel laterite project in north central Tanzania (“Dutwa” or the “Project”).At Dutwa, the Company has delineated a JORC-compliant resource of 98.6 metric tons at 0.93% nickel and 0.02% cobalt making it the 6th largest ni

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The project “Dutwa Nickel” is an infrastructure initiative in the Raw Materials sector, located in Tanzania. Taiyo aggregates data on it from International Finance Corporation (IFC).

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completed

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Description

Description

African Eagle Resources ("AFE" or the "Company") is a junior mining company with several exploration properties in Tanzania and Zambia. Its main focus is the advanced stage Dutwa nickel laterite project in north central Tanzania (“Dutwa” or the “Project”).At Dutwa, the Company has delineated a JORC-compliant resource of 98.6 metric tons at 0.93% nickel and 0.02% cobalt making it the 6th largest nickel deposit in Africa. AFE’s plan is to develop a nickel mine and concentrating plant at Dutwa and to export its product to international markets.AFE is seeking an equity investment from IFC to help finance the ongoing Dutwa feasibility study. IFC’s engagement will also help AFE develop the Project in line with industry best practices in environmental and social sustainability.

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Source reliability

High

Data quality score

100%

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