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African Eagle Resources
- BY: Andrew Hore |
- POSTED: 29/10/2008 |
- COMMENTS: Add yours
African Eagle Resources says that its Mkushi feasibility study should be completed by the end of this week.
A full 25 year mining licence has been granted and a source of power is being secured so the copper project in Zambia could start producing in mid-2010. There is also potential to increase the resource base at Mkushi.
African Eagle shares rose 0.125p to 2.75p each, which values the company at £5.84m.
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