Alphamin announces increased earnings on sales recovery

Apr 18, 2024

Bisie mine operator Alphamin Resources (TSXV: AFM; JSE AltX: APH) has announced a 156% quarter-on-quarter increase in earnings before interest, taxes, depreciation, and amortisation (EBITDA) in the first quarter of 2024. In the quarter ending 31 March 2024, ore...

Cornish Metals on track to deliver PEA in second quarter

Apr 18, 2024

Cornish Metals (AIM/TSX-V: CUSN) has announced the company is on track to complete the South Crofty Preliminary Economic Assessment (PEA) in the second quarter of 2024. The company has been working on the refurbishment of the historic South Crofty mine in Cornwall,...

Woodcross opens Uganda’s first tin refinery

Apr 18, 2024

Tin miner Woodcross Resources has launched its refinery at Mbarara, Uganda – the first in the country. The company has been developing this facility since a series of regulatory changes prohibited concentrate exports, and has become the first integrated tin...

M23 rebels disrupt tin supply routes in key region of North Kivu

Apr 4, 2024

Members of the M23 non-state armed group have continued to expand their territory in North Kivu, Democratic Republic of the Congo, an important region for global supply of the 3Ts – tin, tantalum, and tungsten. Since mid-2022, the M23 rebels have controlled areas...

US tinplate producer closes after tariffs U-turn

Mar 14, 2024

A 115-year-old American tinplate producer has closed after a policy U-turn involving US regulators who promised import tariffs up to 300% and the International Trade Commission (ITC). One of the three US-based steelmakers, Cleveland-Cliffs Inc., who own and operate...