Afferro Mining to accelerate Nkout development after Putu disposal windfall

The Cameroon News ― Afferro Mining is poised for an exciting 2012 as it pushes ahead with the accelerated development of the Nkout iron project in Cameroon. By the end of the first quarter it hopes to have completed a preliminary economic assessment of the project. And later in the year Afferro aims to complete a pre-feasibility study. Nkout hosts an estimated 2 billion tonnes of iron ore, with a grade of 32 per cent and 18.5 million tonnes at 60.3 per cent with direct shipping ore (DSO) potential. It is now[...]