Additional Information
Market: AIM
Sector: General Mining - Nickel and Cobalt
EPIC: AFE
Latest Price: 0.28p  (0,00%)
52-week High: 1.20p
52-week Low: 0.13p
Market Cap: 2.44M
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Deal AFE Tax Free*
*subject to change and depends on individual circumstances.
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African Eagle Resources
www.africaneagle.co.uk/default.asp
Deal African Eagle Resources Tax Free* Losses can exceed
your initial deposit
*subject to change and depends on individual circumstances.

 

African Eagle is a nickel exploration and development company listed on the London AIM (AFE) and Johannesburg AltX (AEA) stock exchanges.

The Company is currently conducting a Bankable Feasibility Study on its flagship asset, the Dutwa Project in Tanzania.

Most recently the Board and management was strengthened for the Company's...

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African Eagle Resources calls Ambassador Paul Rupia to the board

July 27 2012, 8:19am Ambassador Paul Rupia is an internationally known and well respected Tanzanian statesman with over 49 years experience in the Tanzanian public service

African Eagle Resources (LON:AFE) said it has appointed Ambassador Paul Rupia as an independent non-executive director with immediate effect.

Ambassador Rupia is an internationally known and well respected Tanzanian statesman with over 49 years experience in the Tanzanian public service.

He twice represented Tanzania as ambassador to the United Nations, was ambassador to Ethiopia and deputy high commissioner to the UK and also served his country as a member of parliament and in several high-level ministerial posts.

Ambassador Rupia is a member of various charitable boards including chairman of DCB Commercial Bank PLC, chairman of the Britain-Tanzania Society and St John's University of Tanzania.

African Eagle chairman Dr Chris Pointon said: "Ambassador Rupia will bring vital in-country knowledge, experience and contacts to the board, which will be instrumental in guiding us as we seek to bring the Dutwa project through feasibility study, development and construction, and ultimately into production."

African Eagle is a mining explorer and developer with development projects in Tanzania and Zambia.  Its flagship project is the Dutwa nickel project in Tanzania.

It aims to publish a bankable feasibility study (BFS) for the Dutwa project in the first quarter of next year, while targeting production at the site by the end of 2015.

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