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Tin News

Mozambique streaks ahead with new e-government cadastre advance 

By: Martin Creamer     3rd June 2020 While South Africa is still trundling along laboriously with a minerals cadastre system fraught with shortcomings, Mozambique has rocketed to the highest firmament of e-government licence processing, Mining Weekly can report. Mozambique first led the pack 17 years ago when, ironically, it latched... 

New solution for monitoring tailings dams 

By: Martin Creamer     2nd June 2020 The tragic tailings dam breach in Brazil that killed more than 270 people has focused the world of mining on making tailings dams safe. Earlier this year, and environmental organisation Grid-Arendal launched the world’s first publicly accessible global database of mine tailings storage facilities... 

Tailings dam.
Photo by Creamer Media
Tailings dam.

It’s official, the hottest party in the metals world is cancelled

By: Bloomberg     2nd June 2020 The London Metal Exchange (LME) has pulled the plug on the biggest annual gathering in the metals market, cancelling all its own events during October’s LME Week because of coronavirus concerns. From its origins as an annual gathering organised by the LME’s golf association, the week-long roster... 

Minister urges mines to test without fear of mine closure 

By: Martin Creamer     29th May 2020 Mineral Resources and Energy Minister Gwede Mantashe on Friday urged mines to test for Covid-19 to the full extent without fearing mine closure. The Minister was responding to a media question on the steps the Department of Mineral Resources and Energy (DMRE) was taking to end the backlog of... 

Gwede Mantashe
Photo by Creamer Media's Donna Slater
Gwede Mantashe

Conversation on getting economy back on track post-Covid has begun   

By: Martin Creamer     28th May 2020 The conversation has begun on getting the South African economy back on track with the necessary structural reforms post-Covid, Minerals Council South Africa CEO Roger Baxter said on Wednesday. Speaking at question time during a virtual media conference following the council’s annual general... 

Minerals Council South Africa CEO Roger Baxter
Minerals Council’s virtual media conference covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Full reopening of mining from June 1 – President Ramaphosa

By: Martin Creamer     24th May 2020 Subject to strict Covid-19 protocols, mining will be allowed to reopen fully from June 1, President Cyril Ramaphosa said on Sunday. In his address on South Africa’s response to the coronavirus pandemic, the President announced that South Africa would advance to level 3 from June 1, with an... 

President Cyril Ramaphosa
Photo by Creamer Media's Donna Slater
President Cyril Ramaphosa

Leon lists measures to attract mining investment in these challenging times  

By: Martin Creamer     22nd May 2020 South Africa should consider appointing an independent minerals regulator to speed up minerals licensing, Herbert Smith Freehills Africa co-chair Peter Leon said during a webinar this week. Responding to Patrick Leyden, who moderated the webinar entitled re-imagining the sub-Saharan mining... 

Herbert Smith Freehills Africa co-chair Peter Leon
Herbert Smith Freehills Africa Co-Chair Peter Leon spoke at a webinar covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer

Cacophony of voices on LME floor may not be heard for many months

By: Reuters     21st May 2020 The London Metal Exchange's open outcry trading floor may remain closed for many more months as it cannot be reopened under COVID-19 social distancing restrictions, the head of the exchange said. LME CEO Matthew Chamberlain also told Reuters the exchange would look at potential M&A activity, but... 

Mining becoming significant corporate buyer of renewable energy ­– ICMM 

By: Martin Creamer     21st May 2020 The mining industry has started to become a significant corporate buyer of renewable energy in regions where these technologies have become reliable and cost-competitive compared with fossil fuel-based electricity, says the International Council on Mining and Metals (ICMM). These regions include... 

Wind turbines at Gold Fields’ Agnew gold mine in Western Australia.
Wind turbines at Gold Fields’ Agnew gold mine in Western Australia.

Gazetted Covid guideline restates much of what mining has already adopted 

By: Martin Creamer     20th May 2020 The newly gazetted guideline to prevent, mitigate and manage the Covid-19 pandemic on mines is largely a restatement of what has already been adopted by the mining industry. Most of the requirements of the code of practice (COP) mandated in the gazette already form part of the standard operating... 

ENSafrica executive consultant Willem le Roux
ENSafrica executive consultant Willem le Roux

Covid prevention a must at mines – gazette 

By: Martin Creamer     20th May 2020 Covid-19 prevention, mitigation and management programmes must be established at mines using the guideline gazetted by Chief Inspector of Mines David Msiza on Tuesday. The gazette notice states that this guideline provides minimum requirements for the compilation of a code of practice to prevent... 

Chief Inspector of Mines David Msiza
Photo by Creamer Media
Chief Inspector of Mines David Msiza

Mandatory code of Covid mining practice gazetted 

By: Martin Creamer     19th May 2020 South Africa's guidelines for a mandatory Code of Practice (COP) to mitigate and manage the Covid-19 pandemic in the mining industry have been gazetted. Failure by employers to prepare and implement a mine's COP in line with the guidelines would constitute a criminal offence and a breach of the... 

Mineral Resources and Energy Minister Gwede Mantashe
Photo by Creamer Media's Donna Slater
Mineral Resources and Energy Minister Gwede Mantashe

Alphamin completes $31m share offering

By: Donna Slater     15th May 2020 JSE-listed Alphamin Resources, which owns the Bisie tin mine, in the Democratic Republic of the Congo, has completed a previously announced offering of common shares, raising about $31-million. The company issued for cash on a nonbrokered private placement basis 100.82-million common shares for... 

EY Canadian Eye drops sharply on Covid-19

By: Creamer Media Reporter      15th May 2020 The EY Canadian Mining Eye index has declined by 29% in the first quarter of 2020, amid the coronavirus pandemic. The substantial decrease compares with a gain of 11% in the final quarter of 2019. “The mining and metals sector continues to grapple with the impact of government Covid-19 mandates... 

World’s top mining companies committed to climate change solutions – ICMM 

By: Martin Creamer     13th May 2020 Twenty seven of the world's leading mining and metals companies and 36 associations are committed to climate change solutions through their membership of the International Council on Mining and Metals (ICMM), Mining Weekly can today report. The ICMM is an international organisation dedicated to a... 

International Council on Mining and Metals  CEO Tom Butler
International Council on Mining and Metals CEO Tom Butler

Tin mine production to contract in 2020 – research firm

By: Tasneem Bulbulia     8th May 2020 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 firm expects global tin mine production to... 

Elementos positions Spanish tin project

By: Esmarie Iannucci     7th May 2020 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 facility and infrastructure to support a 750... 

Judgment reserved at Mining Charter review hearing 

By: Martin Creamer     7th May 2020 A full bench has heard the application for a judicial review of certain aspects of the Mining Charter gazetted in September 2018. Judge President Mlambo, judges Vally and  Van Der Schyff reserved judgment on the application lodged by the Minerals Council South Africa on March 27, 2019, when the... 

Minerals Council South Africa building in central Johannesburg.
Photo by Creamer Media
Minerals Council South Africa building in central Johannesburg.

AfriTin secures £2.05m loan facility

By: Tasneem Bulbulia     5th May 2020 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 Covid-19 pandemic on future tin shipments or... 

Another permit granted at Cinovec

By: Esmarie Iannucci     30th April 2020 The Czech Ministry of the Environment has granted a preliminary mining permit for the northwestern part of the Cinovec deposit, ASX-listed European Metals said. The permit, which has been issued for a period of eight years, is a necessary legal prequalification before obtaining a final mining... 

Morale high as Covid-masked South African miners get back to work 

By: Martin Creamer     28th April 2020 Morale is reportedly high as Covid-masked and physically distanced South African mineworkers get back to mining underground for companies that have gone the extra mile to ensure that they have been fully remunerated and host communities generously funded during the national lockdown. In a... 

Mineworkers with personal protective equipment.
Mineworkers with personal protective equipment.

Alphamin to raise $35m to reduce debt

By: Tasneem Bulbulia     28th April 2020 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, resulting in significantly reduced interest... 

Opencast mines may return to 100% of capacity from May 1 – Patel

By: Martin Creamer     27th April 2020 Opencast mines are permitted to return in phases to 100% operation from May 1 but underground mines must continue at 50% of production capacity, Trade and Industry Minister Ebrahim Patel said on Saturday. Speaking during a media briefing covered by Mining Weekly on South Africa’s easing from the... 

Openast mines like this one may return to 100% production capacity.
Openast mines like this one may return to 100% production capacity.

Learning curve still too steep to define ‘best practice’ mining response

By: Martin Creamer     27th April 2020 The rapidly evolving Covid-19 crisis learning curve is still too steep to conclusively define what a ‘best practice’ response looks like from the mining industry, says the International Council on Mining and Metals (ICMM), which is facilitating a rapid exchange of information and knowledge to... 

ICMM CEO Tom Butler
ICMM CEO Tom Butler

Czech Republic lithium project now fully funded to construction

By: Donna Slater     23rd April 2020 Shareholders in Australia- and UK-listed European Metals Holdings (EMH) have approved energy group CEZ’s investment in the Cinovec project, paving the way for the lithium and tin project, in Czech Republic, to be developed. CEZ will invest €29.1-million for a 51% equity interest in Geomet –... 

Firm directive to ensure safe mining resumption

By: Martin Creamer     23rd April 2020 The Department of Mineral Resources and Energy (DMRE) on Thursday issued a firm directive to all mining operations to ensure safe start-up procedures as the sector prepares to ramp up to 50% of capacity. Mining Weekly can report that the directive is issued to ensure compliance with Section 5(1)... 

Mineral Resources and Energy Minister Gwede Mantashe.
Photo by Creamer Media's Donna Slater
Mineral Resources and Energy Minister Gwede Mantashe.

Impala CE granted bail after appearance on Covid-19 charge 

By: Martin Creamer     17th April 2020 The arrest of the chief executive of Implats' Implala Platinum Rustenburg mining operations was on Friday welcomed by the Mineral Resources and Energy Parliamentary chairperson Sahlulele Luzipo, who on Thursday called on law enforcement agencies to act decisively against mining executives who... 

Impala Platinum Rustenburg CE Mark Munroe
Photo by Creamer Media
Impala Platinum Rustenburg CE Mark Munroe

Minerals Council welcomes revised Covid-19 regulations

By: Martin Creamer     16th April 2020 The Minerals Council South Africa on Thursday welcomed the amendments to the Disaster Management Act regulations as they pertain to mining. These regulations allow a phase-up in mining capacity to 50% during the lockdown period, but with all the preventative and mitigating controls in place to... 

Minerals Council CEO Roger Baxter
Minerals Council CEO Roger Baxter

Mining may resume at 50% capacity – Minister 

By: Martin Creamer     16th April 2020 All mining operations, excluding collieries supplying Eskom which have been permitted to operate at full capacity throughout national lockdown, may now resume at 50% capacity during the remaining lockdown days, Mineral Resources and Energy Minister Gwede Mantashe said on Thursday. Thereafter,... 

Mineral Resources Minister Gwede Matashe during virtual media conference.
Photo by Veronica Creamer
Mineral Resources Minister Gwede Matashe during virtual media conference.

Too early to comment on when mining will resume – Minerals Council

By: Martin Creamer     9th April 2020 Comment on when mining industry operations will resume is premature but what is certain is that when resumption does occur, it will not be business as usual, Minerals Council South Africa said on Thursday. Noting reports on the resumption of mining operations after 16 April, Minerals Council... 

Alphamin expresses concern about a dwindling tin price  

By: Marleny Arnoldi     3rd April 2020 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.  

Standard Bank meeting all capital and liquidity requirements 

By: Martin Creamer     1st April 2020 Capital and liquidity requirements across all the markets in which it operates are continuing to be met, Standard Bank Group FD Dr Arno Daehnke said during an investor call. Daehnke disclosed that the bank was benefitting from building up increased capital levels over the last few years in line... 

Sim Tshabalala
Sim Tshabalala

AfriTin suspends mining in Namibia, continues processing

By: Marleny Arnoldi     31st March 2020 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 services and are able to continue minimum... 

AfriTin's Uis tin mine, in Namibia
AfriTin's Uis tin mine, in Namibia

AVZ Minerals’ DRC project delivers positive tin, tantalum test results

By: Donna Slater     30th March 2020 ASX-listed mining exploration company AVZ Minerals has reported positive flotation test results of tin and tantalum recoveries at its Manono lithium and tin project in the Democratic Republic of Congo (DRC), with a total tin recovery of 63% with a grade of 64.1%,. AVZ has concentrated its... 

Mining could be enormous post-virus stabiliser – Minerals Council

By: Martin Creamer     29th March 2020 The mining industry could be an enormous asset in stabilising and growing the economy post the coronavirus crisis – but the right economic and regulatory circumstances would have to prevail, Minerals Council South Africa stated in a weekend media release. Post coronavirus, South Africa would... 

CEZ to proceed with Cinovec investment

By: Marleny Arnoldi     27th March 2020 London-listed European Metal Holdings (EMH) on Friday reached final agreement with integrated energy utility CEZ Group around a partnership and investment into the Cinovec lithium/tin project, in Czech Republic. CEZ in November agreed to become a 51% shareholder in EMH's Czech subsidiary Geomet.... 

CEZ to proceed with Cinovec investment

Indonesia tin miner PT Timah cuts output, delays exports on coronavirus

By: Reuters     18th March 2020 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 outbreak, many companies are stopping production... 

Alphamin defers debt capital repayments

By: Tasneem Bulbulia     16th March 2020 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 to 

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