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Tin News

AfriTin starts Phase 1 of drilling programme at flagship Uis mine

By: Simone Liedtke     6th November 2018 Aim-listed AfriTin Mining has started Phase 1 of the validation and drilling programme at its flagship asset, the Uis tin mine, in Namibia. Confirmatory drilling began on October 26, and is expected to continue until the first quarter of 2019. The planned programme is expected to comprise 3 950... 

Mining veteran wants to build a $1bn battery metals giant

By: Bloomberg     1st November 2018 South African mining veteran Brian Menell wants to build a battery material giant to help challenge China’s domination of the nascent industry. It’s still early days for his privately funded company, TechMet, which controls just a handful of assets from Canada to Rwanda. But he’s raising more... 

Mining veteran wants to build a $1bn battery metals giant
Photo by Reuters
Lithiium ion batteries

AfriTin pilot production plant to achieve first material by end-2018

By: Simone Liedtke     24th October 2018 Aim-listed AfriTin Mining looks forward to achieving its target of processing the first material through the pilot plant at its Uis mine, in Namibia, by the end of this year, after having achieved a number of important milestones in the six-month period ended August 31. Construction of the pilot... 

Strongbow unveils financing deal, still aiming for 2018 London listing

By: Mariaan Webb     17th October 2018 Strongbow Exploration, the company that is seeking to revive the South Crofty tin mine in Cornwall, south-west England, is still targeting a listing on London’s Aim exchange this year, president and CEO Richard Williams said on Wednesday, while announcing a financing and offtake agreement with... 

Strongbow unveils financing deal, still aiming for 2018 London listing
Buildings at the South Crofty tine mine that closed in 1998.

Congo miners seek concessions in new code as arbitration on hold

By: Bloomberg     12th October 2018 Miners in the Democratic Republic of Congo are seeking concessions under the nation’s new industry code and holding off challenging it through arbitration, in the hope they can still wring out a compromise in the world’s main source of cobalt and Africa’s biggest copper producer. Producers... 

Congo miners seek concessions in new code as arbitration on hold
Kibali gold mine

Mining Indaba intensely focused on driving capital into African mining 

By: Martin Creamer     11th October 2018 An investment pavilion will be introduced at the upcoming Investing in African Mining Indaba to drive capital into African mining with even greater intensity, MD Alex Grose said on Thursday. Speaking to Mining Weekly Online during a media roundtable, Grose also revealed that more time would be... 

Mining Indaba intensely focused on driving capital into African mining
Investing in African Mining Indaba MD Alex Grose spoke to Mining Weekly Online’s Martin Creamer about the upcoming event. Video, Video Editing and Photographs: Darlene Creamer

Plea for govt to awaken to massive economic potential of mining  

By: Martin Creamer     10th October 2018 A plea for the government to awaken to the massive real potential of the South African mining sector was made on Wednesday by Eunomix CEO Claude Baissac, who decried the disincentivising of South African mining over the past 20 years as an inexplicable paradox and a massive mineral policy... 

Plea for govt to awaken to massive economic potential of mining
Eunomix CEO Claude Baissac talks to Mining Weekly Online’s Martin Creamer on South Africa’s massive mining opportunity loss. Video, Video Editing and Photographs: Christo Greyling.

Chinese delegation to witness proudly South African logging system 

By: Martin Creamer     8th October 2018 The high-ranking delegation from China, which is due to arrive in South Africa next Monday to undertake a three-week study of South Africa’s globally recognised mineral reporting codes, will be given insight during their visit into a South African borehole logging system that is poised to go... 

Chinese delegation to witness proudly South African logging system
Samcodes Standards Committee chairperson Matt Mullins interviewed by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Nicholas Boyd. Photographs: Dylan Slater.

Alphamin receives approval for further $25m drawdown

By: Creamer Media Reporter      4th October 2018 Alphamin Resources has satisfied the conditions required to draw down an additional $25-million under a previously announced credit facility of up to $80-million. The drawdown will take the total amount drawn under the credit facility to $60-million. 

Chinese delegation to study South Africa’s mineral codes

By: Martin Creamer     2nd October 2018 South Africa’s meticulous set of mineral reporting codes has succeeded in attracting a high-ranking Chinese delegation from the Mineral Resources and Reserves Evaluation Centre of the Ministry of Land and Natural Resources (MRREC) in Beijing. South Africa’s Samcodes Standards Committee (SSC) will... 

Chinese delegation to study South Africa’s mineral codes
Photo by Creamer Media
Samcodes Standards Committee chairperson Matt Mullins

Uganda to join transparency programme as it seeks mining investors

By: Bloomberg     2nd October 2018 Uganda plans to join a program aimed at rooting out corruption in resource industries as the East African nation seeks to reassure potential investors that it isn’t involved in “conflict minerals.” The Cabinet has already endorsed the plan to join the Extractive Industries Transparency Initiative... 

AfriTin acquires additional exploration licences through Tantalum Investment

By: Simone Liedtke     2nd October 2018 Aim-listed AfriTin Mining will acquire the entire issued share capital of Namibia-based private company Tantalum Investment (TI), which holds two exploration licences for tin, tantalum and other associated materials, from Jan Jonathan Serfontein. TI is being acquired for £850 000, to be satisfied... 

Lundin names new CFO as Inkster formally assumes CEO role

By: Mariaan Webb     1st October 2018 Canadian base metals miner Lundin has promoted VP of finance, Jinhee Magie, to the position of senior VP and CFO, succeeding Marie Inkster, who on Monday formally took over from Paul Conibear as president and CEO. Conibear, who announced his retirement in July, will continue as an adviser until... 

Elementos ups Tasmania project's tin/copper resources

By: Mariaan Webb     26th September 2018 ASX-listed Elementos has increased the Cleveland project’s tin resource estimate by 168% and the copper estimate by 164%, following a revised Joint Ore Reserve Committee study. The openpit resource now contains 17 955 t of tin and 4 624 t of copper, the owner of the Tasmania-based project... 

Ramaphosa moves to revitalise mining, create certainty

By: Martin Creamer     21st September 2018 It is imperative that South Africa restores investment and exploration levels in the mining sector as mining and mineral beneficiation activities have significant potential to drive long term growth, exports and job growth, President Cyril Ramaphosa said in his economic stimulus and recovery plan... 

Ramaphosa moves to revitalise mining, create certainty
President Cyril Ramaphosa

Battery metals boom boosting services, project potential

By: Paige Müller     3rd August 2018 There is a boom in the battery metals mining space, owing to a global focus on environment-friendly power initiatives, or ‘green’ energy, says mining industry specialist consultants The MSA Group. MSA Group critical metals principal consultant Michael Cronwright says the company has noted a... 

Battery metals boom boosting services, project potential
KAMATIVI LITHIUM TAILINGS PROJECT The Kamativi lithium tailings project is currently ongoing in Zimbabwe

Elementos to invest in Spanish tin

By: Esmarie Iannucci     31st July 2018 ASX-listed Elementos has signed a heads of agreement with TSX-V-listed Eurotin to acquire the Oropesa tin project, in Spain, in exchange for one-billion shares in the company. Elementos told shareholders that Oropesa was one of the best undeveloped tin resources in the western world, with a... 

LME to launch monthly 'implied pricing' to attract funds

By: Reuters     17th July 2018 The London Metal Exchange (LME) will launch a new set of synthetic monthly prices to make it easier for investors and funds to invest in base metals as the LME battles competition from other exchanges such as those operated by CME Group Inc.. The world's oldest and largest market for industrial... 

New mining fund raising R750m to co-finance ancillary mine projects 

By: Martin Creamer     16th July 2018 In an economic environment of tight capital allocation and bank pull back from mining finance, the new tax-incentivised CCP 12J Mining Fund is going all out to raise R750-million for co-investment in ancillary project opportunities on existing mine sites. On the list of targeted project... 

New mining fund raising R750m to co-finance ancillary mine projects
CCP 12J MD Paul Miller talks to Mining Weekly Online’s Martin Creamer on new tax incentives to boost mining investment. Video and Video Editing: Nicholas Boyd. Photographs: Dylan Slater.

Kasbah aims to have Morocco tin mine in production by 2020

By: Esmarie Iannucci     16th July 2018 It is hoped that the Achmmach tin project, in Morocco, could be in production by 2020, following a positive definitive feasibility study (DFS). ASX-listed Kasbah Resources on Monday reported that the DFS is based on an underground mine with an initial ten-year mine life, producing 750 000 t/y... 

AfriTin remains focused on Uis development

By: Creamer Media Reporter      13th July 2018 Aim-listed AfriTin Mining remains focused producing the first tin concentrate at its Uis mine, in Namibia, in the second half of this year. CEO Anthony Viljoen noted in a statement on Friday that there are many initiatives the company plans to complete at the mine in the short to medium term. 

Copper slides to 1-year low, zinc sinks in broad selloff

By: Reuters     11th July 2018 Copper prices slumped to their weakest level in a year and zinc fell to 13-month lows amid a broad selloff on Wednesday after the Trump administration said it would slap 10 percent tariffs on an extra $200-billion worth of Chinese imports. US President Donald Trump’s latest tariff threat... 

ICMM welcomes two South American miners

By: Jessica Oosthuizen     6th July 2018 Two South American mining companies, Minera San Cristóbal and Minsur, have joined the International Council on Mining and Metals (ICMM). ICMM CEO Tom Butler notes that both companies have earned their membership of ICMM by complying with the council’s “rigorous” admission procedure, adding that... 

ICMM welcomes two South American miners
TOM BUTLER Both Minera San Cristóbal and Minsur have shown real leadership in their environmental and social performance and have valuable experience to share

Meridian appoints interim CFO

By: Mariaan Webb     4th July 2018 TSX-V-listed manganese miner Meridian Mining has appointed Jonathan Richards as interim CFO, following the resignation of Carlos Braga. The London-headquartered mining company said on Wednesday that Richards had a keen understanding of the Brazilian operations and that he would be a valuable... 

Phase 1 processing plant testwork proves positive for AfriTin’s Namibia mine

By: Marleny Arnoldi     25th June 2018 Aim-listed AfriTin Mining has completed additional dense medium separation testwork for the upgraded Phase 1 processing plant at its Uis tin mine, in Namibia.  

Cobalt explorers see Congo mine law offset by price, high grades

By: Bloomberg     21st June 2018 Junior miners exploring for cobalt in the Democratic Republic of Congo (DRC) reckon increased prices and the country’s high-grade deposits will offset the added costs of new legislation larger companies have opposed. Congo, the world’s largest source of the metal, this month began implementing an... 

Alphamin closes C$19.2m equity financing

By: Creamer Media Reporter      18th June 2018 TSX-V- and AltX-listed Alphamin Resources has raised C$19.2-million through the issue of 76.8-million shares at C$0.25 apiece. As part of the private placement, first announced on May 28, Alphamin CEO Boris Kamstra subscribed for 512 000 shares. 

South Africa’s ‘Samcodes way’ a world-beater – Mullins

By: Martin Creamer     12th June 2018 South Africa has succeeded in creating a meticulous set of mineral reporting codes that continue to gain international recognition. The South African Mineral Reporting Codes (Samcodes), which protect investors, are currently so highly regarded that in October South Africa will host a large... 

South Africa’s ‘Samcodes way’ a world-beater – Mullins
Photo by Dylan Slater
Samcodes standards committee chairperson Matt Mullins (left) and Mining Weekly Online's Martin Creamer

Alphamin completes $25m drawdown

By: Anine Kilian     8th June 2018 JSE-listed Alphamin Resources has completed a $25-million drawdown under its previously announced credit facility of up to $80-million. In addition, the company reported on Friday that it converted $3.40-million of debt due to Sprott Private Resource Lending, Barak Fund and the company’s 44.86%... 

No let up on calls for flow-through model to boost exploration

By: Martin Creamer     7th June 2018 The failure to raise risk capital for greenfields exploration in South Africa was highlighted at this week’s Junior Indaba, where there was no let up on calls for the adoption of a proven Canada-type flow-through share scheme, and ongoing criticism of the unintended consequences of South Africa’s... 

No let up on calls for flow-through model to boost exploration
Photo by Wynand van der Merwe
JSE business development manager Patrycja Kula-Verster

European Metals starts beneficiation of Cinovec bulk sample

By: Anine Kilian     6th June 2018 Aim-listed European Metals has started the beneficiation process and magnetic separation of a 15 t bulk sample at its Cinovec lithium/tin project, in the Czech Republic. The beneficiation and magnetic separation of a lithium-rich concentrate will provide pilot plant feed for planned downstream... 

Current mining ‘boom’ very different to last one – CRU

By: Martin Creamer     6th June 2018 A return of capital expenditure (capex) and inorganic sources of growth are seen as a key corporate priority for 2018 and beyond, CRU Group senior consultant Aleksander Popovic said on Wednesday. The provider of marketing intelligence to mining told the Junior Indaba that the company’s... 

Current mining ‘boom’ very different to last one – CRU
Photo by Dylan Slater
CRU Group senior consultant Aleksander Popovic

AfriTin starts civil construction works on Uis mine’s processing plant

By: Simone Liedtke     4th June 2018 Phase 1 of the civil works construction on the processing plant at Aim-listed AfriTin Mining’s flagship Uis mine, in Namibia, is targeted for completion in the third quarter of this year. Phase 1 is designed to process 500 000 t/y. 

AfriTin starts civil construction works on Uis mine’s processing plant
Photo by Creamer Media
AfriTin CEO Anthony Viljoen

Oil & gas, mining industries anxious about top brass succession planning

By: Henry Lazenby     31st May 2018 There is real anxiety in the oil and gas and mining industries regarding the lack of aptitude to replace an ageing top-level management talent pool, Stephen Diotte, partner and head of leadership services for Odgers Berndtson tells Mining Weekly Online. He recently joined the executive search... 

Oil & gas, mining industries anxious about top brass succession planning

Alphamin to raise $15m through private placement

By: Marleny Arnoldi     28th May 2018 JSE-listed tin exploration and mining company Alphamin Resources intends to raise about C$19.2-million, or $15-million, through a nonbrokered private share placement, to fund the continued development of the company’s 80.7%-owned Bisie tin project, in the Democratic Republic of Congo (DRC).  

Alphamin to raise $15m through private placement

AfriTin seeks to raise £5.5m in share placement

By: Marleny Arnoldi     23rd May 2018 Aim-listed tin development company AfriTin Mining hopes to raise £5.5-million in an accelerated bookbuild to fast-track the work programme at its flagship Uis mine, in Namibia.  

AfriTin seeks to raise £5.5m in share placement
Photo by Creamer Media
Terence Goodlace, who has been appointed a nonexecutive director of AfriTin

Ferrum Crescent name change approved

By: Creamer Media Reporter      21st May 2018 Australian company Ferrum Crescent has gained shareholder approval to change its name to Europa Metals, in a move designed to emphasise its involvement in a zinc, lead and silver project in Spain. The company last year sold its Moonlight iron-ore asset in South Africa and is now focusing on the... 

Short spell of mining hope dashed – Lorimer

By: Martin Creamer     16th May 2018 The short spell of hope for South Africa’s beleaguered mining sector, which burst forth with the election of Cyril Ramaphosa as President, has been dashed, Shadow Mineral Resources Minister James Lorimer said during the mineral resources budget debate. Applying the ‘learning nothing and... 

Short spell of mining hope dashed – Lorimer
Shadow Mineral Resources Minister James Lorimer
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