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Tin Explorers News

Debt financing to fund La Parrilla expansion

Post By: Tom Mulqueen on Friday, 26 May 2017

London Stock Exchange listed, W Resources Plc (AIM:WRES), has started a process to raise some US$24 million in debt finance to fund the US$27 million expansion of its La Parrilla tungsten-tin project in the Extremadura region of south-west Spain.

The second stage of the La Parrilla mine development would increase the capacity of the mine to 2 million tpa, or 2,500 tpa of tungsten concentrate and 500 tpa of tin concentrate. The design and engineering of the expansion also...

Funding progress at Bisie as early works begin

Post By: Tom Mulqueen on Tuesday, 25 April 2017

Alphamin Resources Corp. (AFM: TSXV) has announced that early construction works have commenced at its Bisie Tin Project in North Kivu, Democratic Republic of Congo, while significant progress has been made on finding a full funding solution for the project.

The work on the box cut and the continued upgrading of the 34km access road has already commenced with expected completion by December this year, following the successful upgrading of the initial 9km of the access road to enable...

Water treatment trials completed at South Crofty

Post By: Tom Mulqueen on Wednesday, 05 April 2017

Strongbow Exploration Inc. (TSX-V: SBW) has announced the success completion of water treatment trials at its South Crofty tin project, located in Cornwall, UK. The company is now planning to submit an application to the UK Environment Agency ("EA") for a mine waste permit.

The mine waste permit will seek consent for water discharge of 25,000m3 from the mine over an 18-24 month period and it is anticipated to be granted before the end of summer this year. Once...

Elementos reveals new development strategy

Post By: Tom Mulqueen on Wednesday, 05 April 2017

ASX-listed tin explorer and developer, Elementos Ltd., has announced a new, two-stage, development strategy focussing on the hard-rock open pit and underground resource at its 100% Cleveland Tin Project in Tasmania, detailed in a recent corporate presentation for investors, available here.

The Stage 1 development is now focussed on the near-surface tin resources at Cleveland, with an expanded open pit strategy expected to reduce dilution and ore losses and the cash flow generated used to accelerate development of the...

Tin International signs binding JV agreement

Post By: Tom Mulqueen on Wednesday, 01 March 2017

Tin International AG, 61.5% owned by Deutsche Rohstoff AG, has announced that it has signed a binding Memorandum of Understanding with Lithium Australia NL to establish a Joint Venture Company (JV). Tin International's Sadisdorf tin deposit in the Erzgebirge region of Saxony, Germany, will become the new company's core asset.

Lithium Australia NL has developed economically viable processing technology for some lithium ores as well as holding a global portfolio of lithium deposits. The company will be able to...

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...

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