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...AusTin new identity
Aus Tin Mining, formerly AusNiCo, has changed its name this week to reflect its focus on the development of the Taronga tin project in NSW, Australia, which it acquired at the start of this year. Aus Tin expects to begin tin production from Taronga in 2017. A...Taronga project advances towards 2017 start-up
AusNiCo expects to begin tin production from its Taronga project in NSW, Australia in 2017, it said in a presentation to investors this week. A new review of the planned metallurgical ore processing flowsheet for the project by an independent consultant concluded that...Consolidated still targeting 2014 tin production
Consolidated Tin Mines this week announced the results of a Pre-feasibility Study (PFS) on its Mt Garnet project in northern Queensland and is immediately embarking on a Definitive Feasibility Study (DFS). At a presentation in Sydney it announced a tight timetable of...Queensland mine plans 2012 start-up
While attention is focussed on large-scale mine projects in Tasmania and Queensland aiming for start-ups between 2013 and 2015, MGT Resources is aiming to be the first Australian junior into production later this year. The company is looking at both hard rock and...Merger may support Cleveland mine re-opening
A planned merger between ASX-listed gold and copper explorer Elementos and unlisted Rockwell Minerals could lead to the re-opening of another historic Australian tin mine. Rockwell has a 50% stake in the Cleveland project in north-west Tasmania and an option agreement...Renison production rises
Production of tin-in-concentrate at the Renison mine in Tasmania, rose by 16.5% to 5,839 tonnes in 2012, according to un-audited data released by a major Chinese shareholder. Hong Kong-based Goodtop Tin, which has an effective 41% stake in the joint venture between...YTC Resources to take full control of Doradilla project
YTC Resources Limited has reached agreement with Straits Resources Ltd to acquire 100% of the Doradilla tin project in north-western New South Wales. YTC was due to acquire a 70% stake in the project by spending A$1.5 million on exploration work by 18 December 2012...Merger to give Taronga market listing
ASX-listed Queensland nickel explorer AusNiCo has announced a proposed merger with Taronga Mines to create a company with an advanced-stage tin project with a suite of complementary nickel sulphide, copper and gold projects. Taronga currently holds a 100% interest in...
