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Latest News

  • W Resources offers shares following Definition Study at La Parilla

    by: Tom Mulqueen, on Thursday, 02 July 2015

    AIM-listed W Resources hope to raise approximately £1.2 million from a share offering in order to fund development of its wholly owned La Parilla tungsten-tin tailings project in Spain. The share offering follows the recent completion of a comprehensive study at the site, which envisages a 12 year, two-stage mine operation.

    The first stage, La Parilla Fast Track Mine (FTM), will utilise the existing concentrator plant at the site to produce 1,200-1,300 tonnes of 66% tungsten concentrate and 110...

  • Myanmar mining ministry shortens list of prospective smelter partners

    by: Tom Mulqueen, on Thursday, 02 July 2015

    Myanmar's Ministry of Mining has narrowed a selection of prospective partners for its tin smelter to just seven local and foreign companies, according to an official from the state-run enterprise.

    The No.2 Mining Enterprise under the Ministry invited expressions of interest in September 2014 to enter into a Private Public Partnership (PPP) for operation of its tin refinery and smelting plant near Rangoon. It received responses by twelve companies, which it cut down to ten in November. The remaining...

  • Wolf processes first ore at Hemerdon

    by: Tom Mulqueen, on Monday, 29 June 2015

    Dual-listed Wolf Minerals Ltd. (ASX:WLF, AIM:WLFE) has processed the first ore at the plant of its £130 million Hemerdon tungsten and tin project near Plymouth, UK, as wet commissioning gets underway.

    The wet commissioning process involves extensive testing of plant equipment and is being undertaken by contractor GR Engineering, who will pass responsibility for plant operations back to Wolf in August. Testing will continue at the processing plant throughout the summer with full-scale operations set to begin in the...

  • China refined tin imports drop sharply in May

    by: Tom Mulqueen, on Monday, 29 June 2015

    China refined tin imports dropped 69% from 1,070 tonnes in April to 333 tonnes in May. The May figure also represents a 48% reduction compared to the same month of 2014. Although the arbitrage gap was wider than in April, a lack of market interest and sufficient Chinese domestic tin supply meant refined tin and other tin product imports did not increase as expected. The accumulated refined tin imports from January to May amounted to 2,762 tonnes, broadly level...

  • President calls for new tin strategy for Indonesia

    by: Peter Kettle, on Wednesday, 24 June 2015

    During a two day visit to Bangka-Belitung province at the weekend, Indonesia's new president Joko Widodo (Jokowi) called for a new plan to combat illegal mining and boost tin prices. The President inaugurated new port facilities at Tanjung Batu, Belitung island on Saturday and visited the PT Tinindo Inter Nusa smelter in Pangkalpinang, Bangka on Sunday.

    Local news media reported that Jokowi stressed the importance of Indonesia having long-term strategies which ensure better management of tin mining and...