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Tin Explorers

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Pirquitas construction to start in Q3

Post By: Organic Development on Wednesday, 16 May 2007

Construction work on Silver Standard’s Pirquitas silver/tin/zinc mine project in Argentina is due to commence in the third quarter of this year, with mill start-up planned for the fourth quarter of 2008.

In its latest quarterly report, Silver Standard said that by the end of March this year it has spent US$10.7 million out of an initially committed $31.5 million on site infrastructure.

Total capital costs of the project were estimated at $146 million in April 2006, but are likely...

YTC Resources makes ASX debut

Post By: Organic Development on Tuesday, 08 May 2007

Tin-focussed explorer YTC Resources had its shares traded on the Australian Stock Exchange for the first time today, following the early closure of an over-subscribed A$3.5 million initial public offering.

Following the issue of 14 million new shares at A$0.25 per share, the company’s share price at the end of the first day of trading rose to A$0.77, giving it a market capitalisation on 41 million shares on issue of A$32 million.

China’s Yunnan Tin Company has a 33% stake in YTC...

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