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Tin Explorers

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Achmmach Capex halved in new DFS

Post By: Tom Mulqueen on Monday, 01 August 2016

ASX-listed Kasbah Resources has announced an updated DFS for its Achmmach tin project in Morocco with higher average grades and a drastically reduced project Capex based on a multi-stage "Small Start Option" (SSO) development plan.

The new DFS imagines a ten year underground mine operation utilising a long-hole open stoping and crushed rock fill method. A revised ore reserve of 6.56 Mt at 0.85% Sn has been defined at the site, amounting to 55,500 tonnes of contained tin which...

Consolidated Tin enters voluntary administration

Post By: Tom Mulqueen on Thursday, 21 July 2016

Tin explorer, Consolidated Tin Mines (CSD), entered voluntary administration on Tuesday following critical delays to discussions surrounding its working capital requirements and funding options. The company owns the Mount Garnet tin project and Surveyor base metal mine in North Queensland, Australia, from which it had been producing zinc, copper and lead.

The company ended the first quarter of 2016 with a $A 311,000 cash flow deficiency and remaining cash of just $A 53,000, following which it was forced to cease mining...

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