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Markets // Tin Explorers

Tin Explorers

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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...

Cornish tin mine gains planning approval

Post By: Organic Development on Thursday, 07 September 2006

Cornwall Council’s Planning Committee has approved environmental conditions for tin mining at South Crofty near Redruth, reports the BBC today on their website.  BaseResult Holding Limited, who bought the disused site in 2001, was hopeful that South Crofty would start mining tin at a profit within two-and-a-half years.

Further information on the South Crofty mine can be found on the BaseResult Holdings website
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