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Tin Explorers News

Positive PEA for South Crofty

Post By: Tom Mulqueen on Monday, 20 February 2017

Strongbow Exploration has reported results of an independent, NI 43-101 compliant, Preliminary Economic Assessment (PEA) for its 100%-owned South Crofty tin project in Cornwall, UK, which indicates the project is potentially economically viable and technically feasible.

The mineralised material amenable to extraction under the PEA scenario, which includes tin, zinc and copper, totals 2.575 Mt of ore at a tin equivalent grade of 1.55%, or comparable to some 40,000 tonnes of contained tin. The study conceives of an underground...

Mining lease approved for Heemskirk

Post By: Tom Mulqueen on Tuesday, 14 February 2017

Stellar Resources has reported that a Mining Lease has been granted by the Tasmanian Minister for Resources for its 100% owned Heemskirk Tin Project.

Associated rights of the Mining Lease (ML) conferred to Stellar's subsidiary, Columbus Metals Limited, include the right to carry out mining operations and extract tin and all other metallic minerals within the 560 hectares lease area until 2029 with no minimum expenditure commitments.

Stellar's Managing Director, Peter Blight, stated: "the ML reflects the Tasmanian Government's...

Alphamin report detailed design and budget estimates

Post By: Tom Mulqueen on Tuesday, 07 February 2017

TSX-listed Alphamin Resources has announced the results of detailed design work and budget estimates for its 80.75% owned Bisie Tin Project in the Democratic Republic of Congo. The work has resulted in an improvement in several operational parameters as well as an increase in proven and probable reserves to 4.67 Mt at 3.58% Sn (or 167,000 tonnes of tin)

The report explains that while the fundamental mining method has not changed, the layout and mine design parameters have improved...

Bushveld to acquire minority stake in Uis project

Post By: Tom Mulqueen on Tuesday, 20 December 2016

London-listed Bushveld Minerals Ltd. has announced its intention to purchase a 49% share in Dawnmin Africa Investments Ltd., which holds an 85% stake in the Uis Tin Project in the Erongo region of Namibia.

The purchase will be undertaken through Bushveld's subsidiary, Greenhill Resources. The project consists of three tenements, but the primary focus is to redevelop the large, open pit, hard rock, Uis tin mine, which closed in 1990 following 39 years of industrial large-scale mining. Historical exploration...

Kasbah deal falls through

Post By: Peter Kettle on Tuesday, 13 December 2016

The planned acquisition of Kasbah Resources, 75% owners of the Achmmach tin project in Morocco, by Asian Mineral Resources (AMR) has failed.

The Federal Court of Australia yesterday dismissed Kasbah's application for approval of the deal, and ordered that it paid the costs of rebel shareholders who had opposed it. Kasbah's shareholder list includes the World Bank (IFC), African Lion Group, Thaisarco and Traxys and the acquisition had initially been approved by a 92% majority. However the accounting firm...

Kamativi redevelopment hopes rise

Post By: Tom Mulqueen on Wednesday, 07 December 2016

Chinese investor, Beijing Pinchang Investments, has settled a dispute with the Zimbabwe Mining Development Corporation (ZMDC) and is set to take a 49% ownership stake in the defunct Kamativi tin mine in Zimbabwe's Matabeleland north province in return for contributing over $US100 million for the redevelopment of the mine.

It was reported in October this year that the deal had collapsed after the ZMBC expressed dissatisfaction with the Chinese investor. Local news sources reported comments from Zimbabwean minister, Walter...

UK tin mining takes positive steps

Post By: Tom Mulqueen on Tuesday, 06 December 2016

Tin projects and operations in the United Kingdom have reported a number of positive developments in recent months, with signs of progress and capital raising at the South Crofty and Redmoor mine projects in Cornwall and key regulatory approvals attained for further development and expansion at the Drakelands tungsten-tin mine near Plymouth.

In mid-November, Strongbow Exploration Inc. announced the commencement of water treatment trials at its 100% owned South Crofty mine. Once the trials are complete in early 2017,...

ITRI publishes 2016 Explorers and Developers Group Report

Post By: Tom Mulqueen on Wednesday, 23 November 2016

To coincide with 2016 Asia Tin Week in Shanghai, ITRI has released its 2016 ITRI Explorers & Developers Group Members report, which can be downloaded free here. The report includes profiles on each of the 8 current member companies and information on the major tin projects they are working to develop. ITRI and Elementos Ltd. Executive Director, Chris Dunks, both presented separately in Shanghai on tin project developments and opportunities.

The low tin prices of 2015 and early 2016 made...

Aus Tin plan Granville expansion

Post By: Tom Mulqueen on Tuesday, 25 October 2016

Australia-based junior Aus Tin Mining has announced that it expects to deliver some 50 tonnes of tin-in-concentrate by the end of this year from its Granville Tin Project in Tasmania and has provided an update on plans for expansion of operations at the site.

The company commenced production from the site in August and has since implemented a number of measures to increase throughput. The company anticipates it will deliver the first concentrate under its off-take agreement with Traxys...

Kasbah acquired by AMR

Post By: Tom Mulqueen on Friday, 12 August 2016

Tin explorer Kasbah Resources Limited, 75% owner of the Achmmach Tin Project in Morocco, has announced its acquisition by TSX-V listed Asian Mineral Resources (AMR), which holds a 90% interest in the operating Ban Phuc Nickel Mine in Vietnam.

The mutually agreed deal will see the exchange of Kasbah shares for a combination of AMR shares and CHESS Depositary Interests (CDI) and Asian Minerals warrant CDIs options. The new Asian Mineral Resources will see Kasbah shareholders with 52.2% ownership...

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