DR Congo government wants bigger stake in mine projects
Plans by Democratic Republic of Congo to raise its stake in new mining projects to 35% from 5% under a revised mining code have unnerved investors, Reuters reported. DR Congo – which holds rich deposits of copper, tin, cobalt and gold – is reviewing its...Saxony Mines explores more German tin potential
Saxony Mines Ltd, a newly-formed wholly owned subsidiary of Australian gold explorer Indo Gold Ltd, is investigating the possibility of establishing a large-scale underground tin mine in the “Ore Mountains” on the German/Czech border. Its Westerzgebirge...Stratos acquires majority stake in Indonesian producer
Listed Australian gold explorer Stratos Resources is to acquire a 60% share in Yinchen, an Indonesian private smelter with associated mining leases on Belitung island. The Yinchen smelter was established eight years ago and historically produced 300 – 500 tpm of tin,...Timah production slumps as operations are reorganised
Indonesia’s PT Timah reported a significant fall in its mine and refined tin production in the first three quarters of 2012 and warned that adjustments to its mining operations required by law from 1 October would have a further adverse impact on productivity in...PT Timah looks at Myanmar investment
Indonesia’s state-controlled tin company PT Timah has asked the government of Myanmar for a mining licence as it seeks to boost revenue and reserves, its chief executive told Dow Jones Newswires. “We expect to start operations in Myanmar from next year...Eurotin announces first resource estimate for Oropesa project
Canadian-listed Eurotin Inc. has published a maiden NI43-101 resource estimate for its Oropesa project. Based on a cut-off grade of 0.3% Sn, indicated and inferred resources amount to 5.79 Mt of ore at an average grade of 0.47% with 27,480 tonnes of contained tin. The...US stockpile sales to resume
Sales of tin and other materials (mainly ferro-alloys) from the US strategic stockpile are due to re-commence in the new fiscal year. According to a newly released annual materials plan qupted by American Metal Market, DLA Strategic Materials can sell up to 804 tonnes...Tin International plans ASX launch
Tin International Ltd (TIN) is currently approaching potential investors in Australia, Asia and Europe regarding a planned IPO on the Australian Securities Exchange before the end of the year. TIN, which is majority controlled by Deutsche Rohstoff AG, owns two tin...Colquiri mine re-opens
More than 600 mineworkers went back to work at the Colquiri zinc-tin mining complex in Bolivia on 8 October after a lengthy conflict between co-operative and salaried workers over access to mining areas. Work at the mine restarted early Monday despite new unrest over...
