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Markets // Tin Explorers

Tin Explorers News

Kasbah ditches SSO strategy

Post By: Tom Mulqueen on Thursday, 04 January 2018

Australia-based tin explorer and developer, Kasbah Resources, plans to adapt the development strategy for its Achmmach Tin Project in Morocco following a technical review of the 2016 Small Start Option (SSO) Definitive Feasibility Study (DFS) previously envisaged for the project.

The SSO DFS was previously announced in July 2016 as an updated DFS, exploring higher average tin grades and a drastically reduced project Capex based on a multi-stage development plan for the Achmmach project. Kasbah has a 75%...

PT Timah establishes JV to produce Nigerian tin

Post By: Tom Mulqueen on Friday, 15 December 2017

Indonesian state-owned tin miner PT Timah has signed a joint venture (JV) agreement with Nigeria-based Topwide Ventures Limited with the intention of developing a tin mining site in the African country.

The two companies intend to jointly conduct a feasibility study, geological mapping and exploration drilling in the country with a joint venture company to be set up to manage exploration activities, mining operations, processing and refining processes, shipment, sales and marketing of tin and its derivatives in Nigeria....

$30 Million loan for La Parrilla development

Post By: Tom Mulqueen on Friday, 15 December 2017

London-listed W Resources has announced a provisional $30 million loan for the development of its La Parrilla tungsten-tin mine in the Extremadura region of southwest Spain.

The provisional $30 million term loan has been agreed with a US Special situations fund and remains subject to due diligence and legal documentation. The funding would enable full development of the project's first stage, which would see production ramping up to 2Mtpa ROM utilising a conventional dry crushing and screening plant with...

Meridian completes Bom Futuro maiden resource and PEA

Post By: Tom Mulqueen on Friday, 08 December 2017

Canadian-listed Brazilian metal explorer, developer and producer, Meridian Mining, has released a preliminary economic assessment (PEA) and maiden resource for its Bom Futuro tailings projects, located in the state of Rondônia in Brazil.

At the end of 2016, Meridian entered a joint venture with the original project owner, Coopersanta, and has since focussed on the potential recovery of tin from tailing produced over the 30-year history of Bom Futuro mining operations. The maiden resource includes indicated and inferred...

AfriTin plans Uis pilot plant programme

Post By: Tom Mulqueen on Friday, 08 December 2017

Newly AIM-list tin player, AfriTin Mining, has plans to move ahead with the expansion of a pilot plant at its Uis tin project in Namibia, after successfully raising £4.5 million in equity and convertible loan notes earlier this year.

AfriTin formed via a demerger from Bushveld Minerals as a spin-off of the company's two main tin assets, the Uis tin project and the Mokopane tin project in South Africa. The company is currently focussed on development at Uis while...

Minsur output mixed in Q3

Post By: Tom Mulqueen on Friday, 17 November 2017

Minsur has announced mixed results for its Peruvian and Brazilian tin operations in Q3, with Peruvian refined tin production falling 4% year-on-year to 4,991 tonnes, in line with guidance, while refined tin output from Brazilian operations fell 6% to 1,629 tonnes.

The decline in Peruvian production was mainly due to an 8% lower ore grade fed into the San Rafael plant of 1.86% Sn, partially offset by higher tin recoveries, with production from the mine falling 5% year-on-year to...

Minsur proceeds with $195 million B2 development

Post By: Tom Mulqueen on Friday, 17 November 2017

Leading South American tin producer, Minsur, has announced board approval for a US$195 million investment to execute its B2 tailings retreatment project, situated next to the operating San Rafael tin mine in Peru.

The operation is designed to produce some 5,000 tpa of tin over a 9-year mine life, at projected cash costs of some $5,500 per tonne. Development will entail construction of a new tailings dam as well as a new 3,000 tpd processing plant to treat the...

Alphamin secures $80 million loan for Bisie development

Post By: Tom Mulqueen on Friday, 17 November 2017

Toronto-listed Alphamin Resources has signed a US$80million credit agreement with a syndicate of lenders to help fund the development of its Bisie tin mine in DR Congo and hopes to raise the remaining required amount through private placements by the end of 2017.

The lending syndicate includes Sprott Private Resource Lending, Barak Fund SPC Limited and Tremont Master Holdings. In addition to the $80 million credit agreement, the Industrial Development Corporation and Tremont have committed to investing $13.7m at...

Aus Tin ships first tin from Granville

Post By: Tom Mulqueen on Friday, 06 October 2017

ASX-listed Aus Tin Mining Ltd. has announced that the company has carried out its first sale of tin concentrate from the Granville Tin Project, near Zeehan, Tasmania, under its off-take agreement with Traxys Europe.

The shipment, which was dispatched on 5 October, totalled some five tonnes of concentrate assayed at some 63%Sn. This first delivery will be used to trial the logistical and commercial arrangements of the agreement with Traxys and well as provide a bulk concentrate delivery to...

Strongbow raises funds for water treatment work

Post By: Tom Mulqueen on Friday, 29 September 2017

Canadian-listed Strongbow Exploration (TSX-V: SBW) has successfully raised C$10.7 million (~US$8.6 million) from a royalty sale and private placement which will be used for working capital and for construction of a water treatment plant at its South Crofty tin project in Cornwall, UK.

The company successfully completed water treatment trials in March 2017 and has since submitted an application to the Environment Agency for a mine water discharge permit, successful receipt of which would mean the project was fully...

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