R/€ = 17.21 Change: -0.17
R/$ = 16.50 Change: -0.21
Au 1810.70 $/oz Change: -4.32
Pt 892.00 $/oz Change: -24.50

Tin News

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... 

Picture supplied.
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... 

Creamer Media picture
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. 

Creamer Media picture.
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... 

Creamer Media screen shot.
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

Alphamin reveals high-grade maiden resource estimate for Mpama South

By: Marleny Arnoldi     7th March 2022 JSE- and TSX-V-listed Alphamin Resources Corporation has announced a maiden mineral resource estimate (MRE) and preliminary economic assessment (PEA) for its Mpama South deposit, in the Democratic Republic of Congo. The company says Mpama South has the second-highest grade publicly declared for... 

Decarbonisation standing out as key metals/mining value driver – Wood Mackenzie  

By: Martin Creamer     4th March 2022 As pressure mounts for the world to align meaningfully with the 1.5 °C global temperature rise scenario, decarbonisation is standing out as a key driver of metals and mining value. “This has strengthened our view that the mining industry now has a clear pathway towards long-term transformative... 

Creamer Media screenshot taken during webinar.
Wood Mackenzie future facing mined commodities forum covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

ESG slowing down as energy transition highlights mining as indispensable – RMF  

By: Martin Creamer     2nd March 2022 The energy transition is highlighting mining as an indispensable industry, said Responsible Mining Foundation (RMF) CEO Hélène Piaget in opening a webinar on 'Responsible Mining Index (RMI) Report 2022', which reports a slowdown in economic, environmental, social and governance (ESG). “Yet there... 

Creamer Media screenshot.
Responsible Mining Foundation report covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

AfriTin locates lithium mineralisation 11 km from Uis mine

By: Marleny Arnoldi     2nd March 2022 Aim-listed AfriTin Mining has identified lithium-bearing spodumene within multiple pegmatites on a mining licence located 11 km southwest of its Uis tin mine, in Namibia. Notably, the discovery lies within the operational limits of the Uis processing facility and marks the first result of an... 

Mine expansion cultivates positive community sentiment

By: Anna Moross     25th February 2022 Aim-listed mining company AfriTin Mining is implementing the expansion of its Phase 1 Uis tin mine operation in Namibia. The expansion will result in a 67% increase in monthly tin concentrate production, from 720 t/y to 1 200 t/y. 

An image of the Uis tin mine operation in Namibia
UIS OPERATION AfriTin Mining is implementing the expansion of its Phase 1 Uis tin mine operation in Namibi

Fitch Solutions expects a lucrative two years ahead for tin producers

By: Marleny Arnoldi     16th February 2022 Fitch Solutions Country Risk & Industry Research is confident that the price of tin will average between $38 000/t and $42 000/t this year and next, as a result of rapid demand growth outpacing still-recovering supply. The research agency first had its tin price forecast for 2022 and 2023 set... 

Uis tin mine, in Namibia
Uis tin mine, in Namibia

AVZ waives conditions of $240m Manono deal

By: Esmarie Iannucci     16th February 2022 ASX-listed AVZ Minerals on Wednesday reached an agreement with private investment firm Suzhou CATH Energy Technologies over a $240-million investment into the Manono lithium and tin project, in the Democratic Republic of the Congo (DRC). The two companies in September last year struck a deal... 

Red tape delaying R90bn investment in ready-to-go projects – Minerals Council 

By: Martin Creamer     14th February 2022 Red tape is delaying investment worth R90-billion in ready-to-go mining-related projects, at a time when the South African economy is in desperate need of such projects proceeding, to create jobs and to stimulate economic growth. Projects worth R30-billion would be able to proceed if the 4... 

President Cyril Ramaphosa
President Cyril Ramaphosa

Green hydrogen strategy supporting development of R270bn Northern Cape pipeline 

By: Martin Creamer     11th February 2022 Over the past year, the South African government has built on its successful hydrogen strategy to make major strides in positioning the country as a global leader in the green hydrogen market, President Cyril Ramaphosa stated during his State of the Nation Address. This positioning included the... 

Supplied picture
President Cyril Ramaphosa

Indonesia suspends operations of more than 1 000 miners

By: Reuters     11th February 2022 Indonesia has suspended the operations of more than 1 000 miners of coal, tin and other minerals due to a failure to submit 2022 work plans, according to a document reviewed by Reuters issued by the Minerals and Coal Directorate of the mining ministry. Sony Heru Prasetyo, an official at the... 

Foreseen renewables demand providing opportunity for job creation, just energy transition 

By: Martin Creamer     10th February 2022 Demand already foreseen is providing South Africa with the far-reaching and very welcome opportunity to create sufficient new jobs – “and then some” – to ensure a just energy transition away from the country’s current climate-threatening carbon intensity, Mining Weekly can report. South Africa’s... 

Screenshot by Creamer Media during Creamer Media webinar
Photo by Creamer Media
From left, clockwise, Paul O’Flaherty, Dr Tsakani Mthombeni, Hein Reyneke, and Andre de Ruyter

Metals, engineering need govt support to ensure sustainable economic recovery

By: Martin Creamer     8th February 2022 South African businesses in the metals and engineering sector have faced enormous challenges over the past few years, with the Covid-19 pandemic compounding an already difficult situation, Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Tuesday. Seifsa is a... 

Picture supplied
Seifsa CEO Lucio Trentini
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