Xingye Silver & Tin issues $200 million bond

Chinese tin miner Xingye Silver & Tin (SZ: 000426) has issued a US$200 million three-year bond through its Hong Kong subsidiary, becoming the first private Chinese mining company to issue an overseas senior unsecured bond. The senior unsecured sustainable bond has...

Baiyinchagan restart scheduled

The Baiyinchagan mine is set to come back online after the local government approved its mining license on 27 July. The mine, located in Inner Mongolia, China, was closed in early 2019 after a fatal accident. At the time, it was estimated that the mine would close for...

Further delays to Baiyinchagan restart

Yinman Mining is experiencing further delays to the restart of its Baiyinchagan mine. The Chinese tin miner closed its mine in February last year after an accident. On 23 February 2019, an accident at the Baiyinchagan mine killed 21 people, injuring a further 29. As a...

China mine production impacted by Baiyinchagan accident

At around 8:20 am on February 23, a commuter bus carrying mine workers from the Baiyinchagan mine in Inner Mongolia, China, lost control on the auxiliary slope of the mine. The bus crashed in the main mine roadway after the brakes failed to stop the vehicle, killing...