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Tin Explorers

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Debt financing to fund La Parrilla expansion

Post By: Tom Mulqueen on Friday, 26 May 2017

London Stock Exchange listed, W Resources Plc (AIM:WRES), has started a process to raise some US$24 million in debt finance to fund the US$27 million expansion of its La Parrilla tungsten-tin project in the Extremadura region of south-west Spain.

The second stage of the La Parrilla mine development would increase the capacity of the mine to 2 million tpa, or 2,500 tpa of tungsten concentrate and 500 tpa of tin concentrate. The design and engineering of the expansion also...

Funding progress at Bisie as early works begin

Post By: Tom Mulqueen on Tuesday, 25 April 2017

Alphamin Resources Corp. (AFM: TSXV) has announced that early construction works have commenced at its Bisie Tin Project in North Kivu, Democratic Republic of Congo, while significant progress has been made on finding a full funding solution for the project.

The work on the box cut and the continued upgrading of the 34km access road has already commenced with expected completion by December this year, following the successful upgrading of the initial 9km of the access road to enable...

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