Latest News
-
Elementos completes PFS and announces ore reserve
Australian-listed Elementos Ltd. (ASX-ELT) has reported the completion of a JORC compliant pre-feasibility study for the development of a tailings reprocessing operation at its Cleveland tin, copper and tungsten project, near Luina, Tasmania.
As part of the PFS, a subset of the indicated mineral resource has been upgraded to a probable ore reserve. This includes 3.7 Mt at 0.29% Sn and 0.13% Cu, equivalent to 11,000 t of contained tin and 4,800 t of contained copper. No further...
-
China Tin Industry Code of Conduct announced
The China Ministry of Industry and Information Technology (MIIT) has recently revealed a draft China Tin Industry Code of Conduct which currently has public opinion solicitation status.
The new Code of Conduct has 7 aspects including enterprise layout; quality, process and equipment; energy consumption; comprehensive utilisation of resources; environmental protection; production safety and regulation management. This code will replace the 2006 version and requirements will be made stricter.
Companies will be required to hold a mining license, safety production...
-
Rwanda government signs new mining agreements
Rwanda's Ministry of Natural Resources has signed mining contracts with six companies to exploit 10 mining concessions that will earn the central African country up to $45 million in five years, Reuters reported.
The former Gatumba mining concessions in the west of the country are expected to produce 3,200 tonnes per year of mixed tantalum, tin and tungsten ores over five years from 2017, or around 30% of total production, Evode Imena, state minister for mining, told a news...
-
Huanuni reports first half deficit of US$ 8 million
The Bolivian state-run tin mine, Huanuni, has reported an operational deficit of US$ 8 million for the first half of 2015 due to high labour costs and the low tin price, despite a cost cutting drive following poor financial performance at the beginning of the year, the Bolivian daily newspaper Pagina Siete reported. Tin production from the mine in 2014 totalled 8,437 tonnes.
According to local news reports, the Bolivian government agreed a series of cost cutting measures with...
-
Dutch Funding for iTSCi to scale up mineral trade in central Africa
iTSCi and Pact announced funding from the Ministry of Foreign Affairs of the Netherlands (MFA) for a three-year project to achieve "Scaling up Mineral Trade" in the Great Lakes region of central Africa (press release can be found here). Funding will support activities of Pact, the field implementing partner of iTSCi in the region, in order to bring more miners and their communities back into the responsible international market and create the economic opportunity expected to lead to improved security and governance in...
