Alphamin secures $80 million loan for Bisie development

Toronto-listed Alphamin Resources has signed a US$80million credit agreement with a syndicate of lenders to help fund the development of its Bisie tin mine in DR Congo and hopes to raise the remaining required amount through private placements by the end of 2017. The...

Alphamin plan US$38 million equity fundraising

Alphamin Resources Corp. (AFM: TSXV) has announced plans for a private placement with which it hopes to raise approximately US$38 million to fund further construction activities at its 82.5% owned Bisie Tin Project in North Kivu, Democratic Republic of Congo, The...

Funding progress at Bisie as early works begin

Alphamin Resources Corp. (AFM: TSXV) has announced that early construction works have commenced at its Bisie Tin Project in North Kivu, Democratic Republic of Congo, while significant progress has been made on finding a full funding solution for the project. The work...

Alphamin report detailed design and budget estimates

TSX-listed Alphamin Resources has announced the results of detailed design work and budget estimates for its 80.75% owned Bisie Tin Project in the Democratic Republic of Congo. The work has resulted in an improvement in several operational parameters as well as an...

Alphamin announces updated DFS

Tin explorer, Alphamin Resources Corp.(TSX-V:AFM), has announced an updated feasibility study (DFS) for its Bisie tin project in North Kivu, Democratic Republic of Congo, to reflect an increase in Mineral Resources at the site. In May this year the company reported a...

Alphamin publish full DFS study for Bisie

Canada-listed Alphamin Resources Ltd. (TSX-V: AFM) has published the full, NI 43-101compliant, Definitive Feasibility Study (DFS) for its Bisie tin project, in North Kivu, DR Congo. The study, led by MDM Engineering, concludes that the project is economically viable,...

Alphamin announces US$10 million investment by IDC

TSX-V listed Alphamin Resources Corp. has announced an agreed investment worth up to US$ 10 M by the Industrial Development Corporation of South Africa Ltd. (IDC) in return for a 14.25% equity stake in Alphamin DR, the companies subsidiary in the Democratic Republic...

Drilling at Bisie continues to show promise

Canadian listed Alphamin Resources Corp (AFM: TSXV) has reported positive results from infill drilling at its Mpama North prospect and drilling of the company’s new discovery, The Wedge, both part of its Bisie Tin Project in DR Congo. Ten additional drill holes in The...

Alphamin reports updated mineral resource for Bisie

Canadian listed, Alphamin Resources Corp. (TSX-V: AFM) has released an updated, JORC compliant mineral resource for the Mpama North deposit, part of its Bisie tin project in North Kivu, DRC. Indicated resources total 2.65 Mt at 4.49% Sn, equal to 119,240 tonnes of...

Alphamin reports planned share offering

TSXV listed Alphamin Resources Corp. has announced plans for a non-brokered private placement to raise C$15 million. Insiders at Alphamin are expected to subscribe to C$12.25 million of the placement, the proceeds from which will provide working capital and funding...