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Latest News

  • Brazil boosts Minsur production in 2014

    by: Tom Mulqueen, on Thursday, 05 March 2015

    Minsur's Q4 2014 consolidated results reveal a 3% increase in total tin production from its Brazilian and Peruvian operations to 29,234 tonnes in 2014 compared to the previous year. This is despite a 5% fall in tin production in Q4 2014 to 7,734 tonnes from the same period of 2013.

    There was a significant increase in tin production from the Pitinga mine, run by Minsur's Brazilian subsidy, Taboca. This amounted to 1,400 tonnes of tin in Q4, up...

  • Gippsland agree financing deal for Abu Dabbab

    by: Tom Mulqueen, on Tuesday, 03 March 2015

    Australian listed Gippsland Ltd (ASX:GIP) has signed a conditional US$7 million financing agreement with Taiwan based Foxxtel Inc, associated with Egyptian businessman Mr Ashraf Henin which, if completed, will fund the first development stage of its Abu Dabbab tantalum-tin-feldspar project in the Central Eastern Desert in Egypt.

    The company had received a poor reaction from potential investors for a 2 to 3 Mtpa mining and development plan. This was attributed to the US$140 million capital cost, the need for...

  • Indonesian tin shipments plan still unclear

    by: Peter Kettle, on Tuesday, 03 March 2015

    Following a meeting on Friday called by the Governor of Bangka-Belitung province, Rustam Effendi, Indonesian tin exporters are continuing to discuss whether or how to manage their sales in order to support tin prices.

    Bloomberg reported that the 25 companies involved, including state tin company PT Timah, had formed a working group to devise the "best step" to increase prices. The team has four days to formulate measures, Effendi told reporters after the meeting in Pangkalpinang, adding that no...

  • Avalon completes conceptual economic study of East Kemptville

    by: Tom Mulqueen, on Friday, 27 February 2015

    Avalon Rare Metals Inc. (TSX and NYSE MKT: AVL) has announced the completion of a conceptual redevelopment study for its East Kemptville Tin-Indium project in Nova Scotia, Canada, and has revealed plans for further work at the site.

    The economic study, the first since the closure of the original East Kemptville mine in 1992, was undertaken by Hains Engineering Company Limited and has indicated the potential for attractive economics if the site were to be redeveloped. The proposed model...

  • Minsur production higher in 2014 despite fourth quarter results

    by: Tom Mulqueen, on Monday, 23 February 2015

    Individual Q4 results for Minsur's Peruvian operations have been released showing a 7% fall in tin production for the quarter, to 6,190 tonnes, compared with the final quarter of 2013, although total production for the year just exceeded that of 2013 at 24,223 tonnes.

    The lower production was largely the result of a 7% drop in head grade at the San Rafael Mine, from 2.68% in 4Q2013 to 2.48% in 4Q2014. Despite the drop in head grade, a 6% increase in...