Jan 28th 2013 - Edison Investment Research today published a report on African Eagle Resources (AFE.L, LSE:AFE, LON:AFE) entitled "Solid Progress". In summary, the report says:
African Eagle continues to make solid progress on the development of its flagship Dutwa nickel project in Tanzania and has confirmed positive beneficiation results from metallurgical variability test work across the full resource base. Further metallurgical test work is due to be completed in Q113 followed by an integrated test programme, which could lead to the engagement of a strategic offtake partner ahead of the main pilot plant tests. A maiden JORC laterite resource has been announced at Zanzui, which also offers potential for significant sulphide mineralisation.
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