Tin exploration news round-up
A revival of tin mining in the UK is on schedule for 2015, as Wolf Minerals announced that earthworks will begin this month at its Hemerdon tungsten-tin project, with construction on the site due to begin in the spring. The UK£123 million project will produce some...
Minsur launches bond issue
Minsur has announced plans to issue up to US$400 million of senior unsecured notes due 2024 as part of its long-term growth and diversification programme. The company has embarked on a roadshow to present its plans to investors in the USA and other countries,...
Big changes in China tin trade in 2013
Annual Chinese trade figures released this week show a 56% fall in refined tin imports and a 99% rise in tin metal exports last year, while concentrate imports, mainly from Myanmar, more than tripled in volume. China's total refined tin imports in 2013 were 13,141t,...
Kasbah progresses open pit plans
Kasbah Resources has reported further drilling results to investigate the potential for open pit mining during the early stages of start-up at the Achmmach project in Morocco. Drilling at the Western Zone Shallows (WZS), part of the largely un-tested Sidi Addi Trend...
Accelerating electronics growth forecast
Consultants Henderson Ventures have forecast a cyclical revival in the global electronics industry over the next two years, although it still sees a number of problem areas. World production of electronic equipment is expected to grow by 4.8% in 2014, following a...
Stellar reports capital raising from new investor
ASX-listed Stellar Resources announced that it had issued 50 million shares to a new investor in the company, raising a net A$2.6 million. The funds will be used to advance its Heemskirk mine project in Tasmania and for working capital. In a statement Stellar...
Renison production rises
Production of tin-in-concentrates at the Renison mine in Tasmania rose by 5.2% to 6,151 tonnes in 2013, according to the operation's major Chinese shareholder. L'sea Resources (formerly Goodtop Tin) reported the unaudited provisional figures in an announcement to the...
YTC halts smelter for maintenance
Yunnan Tin Company Limited announced that it has commenced a regular smelting equipment maintenance at its main 50,000 tpy capacity Gejiu plant from 30th December in order to ensure good performance and sustainable production. It is estimated that the maintenance work...
Indonesian exports soar in December
Provisional data released by Indonesia's trade ministry today show that tin exports jumped to 13,562 tonnes in December, up by 161% on the previous month and by 56% compared to December 2012. The report is based on checks carried out by surveying companies prior to...