TIN

Research firm Fitch Solutions Country Risk and Industry Research says global tin mine production is likely to contract this year as government mandated closures, a deteriorating economic environment and low tin prices push miners to reduce output. The …

An economic study into the Oropesa tin project, in Spain, has found that the project could produce some 2 440 t/y of tin metal over a mine life of 14 years.

The study was based on the development of an opencut mine, processing plant, tailings storage …

Aim-listed AfriTin Mining has secured £2.05-million in a new loan note facility, with the funds to be used to improve its financial position as production ramps up at its flagship Uis tin mine, in Namibia, and to mitigate any potential effects of the C…

Dual-listed Alphamin Resources has announced a proposed nonbrokered private placement of up to $35-million as a prepayment against $98-million of senior secured debt. Alphamin has announced an agreement in principle for up to a 31% reduction in debt, r…

JSE- and TSX-V-listed Alphamin Resources produced 2 119 t of contained tin in the quarter ended March 31.

This was at the mid-point of its guidance range and compares with the 2 235 t of contained tin produced in the quarter ended December 31, 2019.

Aim-listed AfriTin has partly suspended activity at its Uis mine, in Namibia, following the country’s declaration of a partial lockdown from March 27 to April 16.

In Namibia’s legislation, mining operations are categorised as critical economic servic…

Indonesian tin miner PT Timah, the world’s second-largest producer, said it is temporarily reducing its production and will delay exports as the coronavirus outbreak has impacted demand for the metal.

"In the current situation, due to coronavirus …

Dual-listed Alphamin Resources’ 80.75% subsidiary, Alphamin Bisie Mining has exercised its previously announced option with senior lenders to defer debt capital repayments. As announced in October 2019, the company’s lender consortium granted an option…

Aim-listed AfriTin Mining has delivered its first tin concentrate shipment of 6 t, grading more than 60%, to Thailand Smelting and Refining Company (TSRC). The concentrate was produced at AfriTin’s Phase 1 pilot mining and processing facility, at the U…

TSX-V-listed Strongbow Exploration has increased the nonbrokered private placement financing, announced earlier this month, from $2-million to $2.35-million. The proceeds will be used for a drill programme at the company’s South Crofty tin project in t…