R/€ = 16.73 Change: 0.03
R/$ = 15.83 Change: 0.03
Au 1844.55 $/oz Change: 31.16
Pt 969.00 $/oz Change: 40.50

Tin News

Critical mineral demand of order of magnitude never seen – Sheila Khama  

By: Martin Creamer     19th May 2022 "My genuine sense is that we are going to see a growth in the mining sector of an order of magnitude we haven't seen. I also think that we're going to find that the need for minerals is going to force the world to think that if we can't get minerals on our shore, where else do we get them from? 

Collaboration needed to make South African mining globally competitive again – CSIR 

By: Martin Creamer     18th May 2022 Concern about mineral resource scarcity is widespread and, at the same time, many countries, such as Australia, Canada and China, are investing significantly in strengthening their mining-related research, development and innovation (RDI) capabilities. “This makes cost and differentiation... 

Picture supplied.
CSIR CEO Dr Thulani Dlamini

Musk considers Indonesia trip to explore possible investments

By: Bloomberg     16th May 2022 Elon Musk, the world’s richest person, is considering a visit to Indonesia to explore investment opportunities in the resource-rich Southeast Asia country. The chief executive officer of Tesla and SpaceX met with Indonesian President Joko Widodo at the rocket manufacturer’s site in Boca Chica,... 

Alphamin reports 32% q/q increase in Ebitda

By: Darren Parker     13th May 2022 JSE-listed tin miner Alphamin Resources has reported $98.1-million in earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter ended March. This reflected a 32% increase from the previous quarter. 

Minimum of 14 000 jobs a year from South Africa’s first hydrogen corridor 

By: Martin Creamer     11th May 2022 South Africa’s first hydrogen corridor now under development has the potential to generate a minimum of 14 000 jobs, $400-million in gross domestic product and $900-million in taxes a year by 2050. In an addition, there is potential to grow platinum group metal (PGM) demand by between 1% to 2%... 

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Photo by Creamer Media
Minerals Council hydrogen briefing from left Allan Seccombe, Roger Baxter and Fahmida Smith.

Minerals Council spells out members’ commitment to climate change mitigation 

By: Martin Creamer     11th May 2022 Members of Minerals Council South Africa have agreed to commit to a climate change response strategy that will reduce Scope 1 and Scope 2 emissions and achieve a net zero emission by 2050 or earlier. Minerals Council South Africa senior health and environment executive Nikisi Lesufi on Tuesday... 

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Photo by Creamer Media
Minerals Council South Africa senior health and environment executive Nikisi Lesufi, closest right, with Minerals Council's Allan Seccombe, left.

South Africa keen to harness hydrogen economy opportunities, President Ramaphosa tells Indaba 

By: Martin Creamer     10th May 2022 It was just amazing to see the innovation that the mining industry is capable of scaling up, President Cyril Ramaphosa told the Investing in African Mining Indaba in his enthusiastic address on Tuesday. “Last week, I attended the launch by Anglo American of the world’s largest hydrogen-powered... 

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Photo by Creamer Media
President Cyril Ramaphosa at the Investing in African Mining Indaba.

South Africa has significant implementation crisis – Minerals Council 

By: Martin Creamer     9th May 2022 South Africa has a significant implementation crisis. A number of government departments and parastatals were hollowed out. Capacity is a significant issue in almost every parastatal – water authorities, Eskom, Transnet and across the board. “We’re not rushing in to take over activities because... 

supplied picture
Minerals Council South Africa CEO Roger Baxter.

Green hydrogen can be produced in South Africa immediately, coal conference hears

By: Martin Creamer     6th May 2022 The generation of green hydrogen is achievable in South Africa immediately and is not a complicated process, Sasol just transition office head David Kawesha said on Friday. “You just need the renewable energy resource, electrolysers to split water, and that’s really what the basic process is,”... 

Picture taken by Creamer Media
Photo by Creamer Media
McCloskey's Southern African Coal Conference panel from left moderator Randy Fabi, Tracey Davies, Steve Nicholls, Jan Oberholzer and David Kawesha.

World Coal Association favours just energy transition to net zero future 

By: Martin Creamer     5th May 2022 The World Coal Association, and its member companies, are in favour of a just transition to a net zero future, World Coal Association chairperson July Ndlovu said on Thursday. In his keynote address to the Southern African Coal Conference, Ndlovu emphasised the sincerity of the association’s... 

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Photo by Creamer Media
World Coal Association chairperson July Ndlovu

AVZ a step closer to mining at Manono

By: Esmarie Iannucci     4th May 2022 ASX-listed AVZ Minerals on Wednesday flagged the imminent award of a mining license over the Manono lithium and tin project, in the Democratic Republic of Congo (DRC). The DRC Minister of Mines has signed a ministerial decree to award the mining license to Dathcom Mining SA, in which AVZ holds a... 

South Africa would do well to highlight its key iridium status to world that needs this very rare metal  

By: Martin Creamer     3rd May 2022 South Africa would do well to highlight its key iridium supply status to gain the full confidence of a world that requires this very rare platinum group metal (PGM) to advance the fast-moving hydrogen economy. Iridium is a potent co-roleplayer with PGM stalwart platinum when it comes to... 

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SFA Oxford CEO Henk de Hoop interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

ITSCI says Global Witness report lacks balance, evidence

By: Schalk Burger     27th April 2022 Responsible mineral supply chains scheme ITSCI has expressed concern about a "lack of balance and evidence" in a report released this week by human rights nongovernmental organisation Global Witness. In the report, Global Witness said it had uncovered evidence that ITSCI may enable the laundering... 

Wimbledon opts for platinum to mark Queen’s jubilee, centre court centenary 

By: Martin Creamer     26th April 2022 In the year of the Queen of England’s platinum jubilee, the coins to be used in the Wimbledon ladies’ and gentlemen’s singles finals coin toss will be made of platinum for the first time in the championships’ history. This follows last month’s unveiling by the UK Royal Mint of its largest ever... 

Image supplied by WPIC
Platinum coin to be tossed at Wimbledon.

AfriTin announces strong results from Uis expansion PEA

By: Tasneem Bulbulia     26th April 2022 Aim-listed AfriTin Mining has announced the results of its internally produced preliminary economic assessment (PEA) for the Phase 2 expansion of the company’s flagship polymetallic asset, the Uis mine, in Namibia. The PEA shows an after-tax net present value of $2.1-billion and an internal rate... 

An image showing AfriTin's Uis mine in Namibia
Uis mine

President Ramaphosa to deliver keynote address at Mining Indaba 2022

By: Martin Creamer     20th April 2022 President Cyril Ramaphosa will deliver a keynote address at the 2022 Investing in African Mining Indaba, which takes place in Cape Town from May 9 to 12. The attendance of Ramaphosa, who will speak on Tuesday, May 10, signals the continued importance of mining to the South African economy as a... 

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President Cyril Ramaphosa.

Alphamin kicks off potential sale as tin prices surge

By: Bloomberg     20th April 2022 Alphamin Resources, one of the world’s largest tin miners, has kicked off a potential sale of the company as prices of the metal surge, people with knowledge of the matter said. Canadian-listed Alphamin, which is working with boutique advisory firm Cutfield Freeman & Co., has sent out marketing... 

Greater fuel cell adoption would be a massive boost for South Africa’s platinum group metals  

By: Martin Creamer     13th April 2022 The enactment by more governments of policies to enable greater hydrogen fuel cell mobility would be a massive boost for South Africa’s platinum group metals (PGMs) sector, Mining Weekly can today report. Adoption of hydrogen fuel cell mobility has already been significantly enabled by the German... 

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PGMs Industry Day webinar covered by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Clients planning to close many renewable energy project deals this year – Nedbank CIB  

By: Martin Creamer     11th April 2022 While Africa is blessed with great natural sun and wind resources, it has about 600-million people living without access to electricity, which is one of the biggest impediments to the continent’s economic growth. Renewable energy is available to put an end to this impediment, as it can provide... 

Picture supplied
Nedbank CIB Group Managing Executive Anél Bosman interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Canadian miners cheer Ottawa's critical minerals budget plan

By: Reuters     11th April 2022 Canadian miners say Ottawa's plan to spend C$3.8-billion ($3.02-billion) to boost domestic production of lithium, copper and other strategic minerals should help propel the country's efforts to become a key part of the global electric vehicle supply chain. The spending, announced during Canada's... 

An image of the Canadian flag

AfriTin publishes lithium, tantalum production targets

By: Marleny Arnoldi     6th April 2022 Aim-listed AfriTin Mining has released its five-year growth strategy, which includes enlarging its footprint in Namibia through existing operations and new mining locations. The company also plans on developing multiple technology metals concentrates, with plans to produce lithium, tantalum and... 

Hydrogen key to long-term use of platinum, says SFA Oxford’s Forrest   

By: Martin Creamer     6th April 2022 Coordinated industry intervention is required to create sustainable platinum group metals (PGM) markets, with hydrogen the key to the long-term use of platinum, said outgoing SFA Oxford head Stephen Forrest in a swansong address. “Promote PGMs heavily as platinum’s structural surplus helps... 

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Platinum Group Metals Industry Day covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer Media

Alphamin's shares rise on expected increase in first-quarter Ebitda

By: Creamer Media Reporter      5th April 2022 Tin miner Alphamin Resources' share price on the JSE rose by more than 9% on April 5 after the company announced that it expected to report record earnings before interest, taxes, depreciation and amortisation (Ebitda) of $98-million for the quarter ended March 31 – a 32% quarter-on-quarter... 

Green finance taxonomy to help investors make green project decisions – law firm 

By: Martin Creamer     5th April 2022 South Africa’s first green finance taxonomy will help investors and financial institutions make more informed decisions on ‘green’ projects, say Webber Wentzel’s Patrick Heron and Joon Chong. Heron and Chong describe the taxonomy, launched by National Treasury last Friday, as an official... 

Pictures supplied
Patrick Heron (left) and Joon Chong.

Minerals Council ending century-long relationship with Johannesburg CBD

By: Martin Creamer     4th April 2022 Minerals Council South Africa has begun a new era by moving into modern premises in Rosebank, Johannesburg, and closing a century-long chapter in Johannesburg’s central business district (CBD). The historic Minerals Council building, on Hollard Street– which was constructed in 1921 – will be sold. 

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Photo by Creamer Media
Historic Minerals Council building, on Hollard Street.

Alphamin to proceed with Mpama South mine development

By: Tasneem Bulbulia     29th March 2022 Tin miner Alphamin Resources on March 29 said it had taken the decision to proceed with the development of the Mpama South mine and processing plant in the Democratic Republic of Congo. Alphamin is targeting first tin production at Mpama South by December 2023. 

AfriTin records strong output growth at Uis

By: Marleny Arnoldi     29th March 2022 Aim-listed AfriTin Mining’s Uis tin mine, in Namibia, exceeded its targeted nameplate capacity by 12% in the year ended February 28, reflecting strong operational performance. The company has reported a 70% year-on-year increase in tin concentrate output, at 804 t, for the financial year under... 

Uis tin mine, Namibia
Uis tin mine, Namibia

Elementos confirms Spanish tin potential

By: Esmarie Iannucci     29th March 2022 An optimisation study into the Oropesa tin project, in Spain, has confirmed that the 1.25-million tonne a year project could produce 3 350 t/y of contained tin. Based on a tin price of $32 500/t, the optimisation study estimated that the project would have a post-tax net present value of some... 

Davis’ Vision Blue leads £40m fundraising to revive historic UK tin mine

By: Mariaan Webb     28th March 2022 Vision Blue Resources (VBR), the specialist financing vehicle established by mining industry veteran Sir Mick Davis, on Monday announced a £25-million investment in Cornish Metals - a company reopening the historic South Crofty tin mine in the UK. VBR would purchase 138 888 889 units in TSX-V-... 

An image of the headgear at South Crofty
South Crofty in Cornwall, UK

Rafaella refutes letter spelling doom at San Finx

By: Esmarie Iannucci     25th March 2022 ASX-listed Rafaella Resources has moved to alleviate shareholder concerns around an unsolicited letter sent by two members of the Spanish Congress. The letter related to the San Finx tin and tungsten mine, which Rafaella Resources earlier this year reached an agreement with owner Spain’s... 

Alphamin to publish updated MRE for Mpama South soon

By: Marleny Arnoldi     22nd March 2022 JSE-listed Alphamin Resources Corporation has announced positive drill results from the Mpama South prospect and the Mpama North mine, at its Bisie tin complex, in Democratic Republic of Congo. Mpama South is a high-grade tin resource adjoining the southern end of Alphamin’s operating Mpama... 

Parliaments must act swiftly to reduce climate change – Mapisa-Nqakula  

By: Martin Creamer     22nd March 2022 National Assembly speaker Nosiviwe Mapisa-Nqakula on Monday urged heads of the world's Parliaments gathering at the 144th plenary assembly of the Inter-Parliamentary Union to undertake all necessary efforts to deal with climate change through oversight and the constitutional powers of the... 

South Africa's National Assembly speaker Nosiviwe Mapisa-Nqakula
South Africa's National Assembly speaker Nosiviwe Mapisa-Nqakula

W Resources restarts tungsten production in Spain

By: Creamer Media Reporter      18th March 2022 Aim-listed W Resources has restarted production at the La Parrilla mine, in Spain, following an extended maintenance shutdown, during which a series of improvements were carried out to streamline the efficiency and overall recovery of the plant. In addition, the company delayed the restart of... 

Now’s the time for full energy freedom, says green hydrogen stalwart Andrew Forrest 

By: Martin Creamer     17th March 2022 Let’s give energy sovereignty to the world. Renewable energy is everywhere. Every country can produce it. Now is the time to capture it, and have full energy freedom, enthused Fortescue Metals Group nonexecutive chairperson Andrew Forrest, while being interviewed by CNN anchor Christiane... 

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Photo by Creamer Media
Fortescue Metals Group nonexecutive chairperson Andrew Forrest (right), being interviewed by CNN anchor Christiane Amanpour.

Equivalent of a Koeberg arising in solar projects – AmaranthCX  

By: Martin Creamer     14th March 2022 The equivalent of a Koeberg power station is arising in the form of new largely mine-linked private-sector solar power photovoltaic projects across Southern Africa, according to AmaranthCX director and founder Paul Miller, whose company is working on the second edition of its electronic map of... 

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AmaranthCX director Paul Miller interviewed by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Gratton says Canada should do more to seize mining opportunities 

By: Mariaan Webb     10th March 2022 Canada has long been the dominant global mining nation – in mineral production, mining finance, mining services and supplies, and sustainability and safety, but Mining Association of Canada (MAC) president and CEO Pierre Gratton has warned that there are signs this position is slipping. Citing... 

MAC president and CEO Pierre Gratton has warned that Canada's position as mining leader is slipping
MAC president and CEO Pierre Gratton has warned that Canada's position as mining leader is slipping

Oropesa gets backing from Spanish government

By: Esmarie Iannucci     10th March 2022 The Junta de Andalucía, or the government of Andalucía, in Spain, has assigned the Oropesa tin project into its Project Accelerator Unit for accelerated and streamlined regulatory assessment and processing ASX-listed Elementos on Thursday reported that Oropesa was named as one of seven... 

AfriTin dual-lists on Namibian exchange

By: Darren Parker     9th March 2022 Aim-listed tin miner AfriTin Mining has dual-listed its ordinary shares on the Namibia Stock Exchange (NSX), as of March 9. “This is an important milestone for the company, which cements our commitment to developing Namibia and its capital markets further,” said AfriTin CEO Anthony Viljoen on the... 

AfriTin CEO Anthony Viljoen
AfriTin CEO Anthony Viljoen
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