Alphamin announces record output in Q2

Alphamin has announced record production in Q2 due to higher-than-expected tin grades and a lack of impacts from the coronavirus. While Alphamin processed just 8% more ore at its Bisie site than in Q1, tin-in-concentrate production increased 29% to a quarterly record...

Alphamin forecasts increased tin production, tighter margins

Alphamin Resources‘ tin concentrate production fell by 5% during the first quarter due to lower tin grades. Although the company increased processing recoveries, mine head grades fell significantly. Alphamin has targeted 71% tin recovery at its processing plant...

Alphamin targets 10,000 tonnes in 2020

Alphamin Resources has announced its guidance for 2020, with tin-in-concentrate production of 9,000 – 10,000 tonnes expected. This comes on the back of positive Q4 2019 production. The company expects tin concentrate production in Q4 to test the upper reaches of...

Alphamin begins final commissioning

Alphamin today announced that C4 commissioning of the processing plant at the Bisie tin project has been completed, marking the transition to the final stage of the commissioning process. C4 commissioning, also known as hot commissioning, began in May following...

New mines heating up

Progress is continuing at a rapid pace at Alphamin’s DRC-based Bisie mine. Last month, Alphamin reported that a US$ 12 million loan had been secured to ease the change in mining method as the site ramps up towards production. This month, Alphamin have reported that...

DRC mining regulations drafted as expected

Detailed regulations drafted for implementation of the new DRC mining code have been finalised, but have made limited concessions to the requests of large mining companies in the country, Reuters has reported. The draft of over 700 pages recently circulated by the...

DRC mineral royalty increases with mining code revision

DRC’s mining code has been signed into law introducing various fiscal and regulatory reforms, including an increase in mining royalties for tin to at least 3.5%. Revision of the code was concluded by parliament in late January and signed into law by President Kabila...

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...

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...