Consolidated Tin Mines agrees project financing plan
Australian tin exploration and development company Consolidated Tin Mines (CSD) has announced an agreement with its major shareholder, Hong Kong-based Snow Peak International, to fund the final stages of a pre-feasibility study of its Mt Garnet project in Queensland....Avenue reports first Brazilian drill results
ASX-listed Avenue Resources has reported the first results of a 2,000 metre drill programme at the San Lourenco project in Rondonia state, Brazil. The project consists of 3,408 hectares located 200 kilometres from Porto Velho and was a centre of small scale alluvial...Glencore reports robust trading, jump in tin production
Glencore International PLC reported that its marketing operations “continued to trade robustly” in the first quarter of 2012 and that it was making encouraging progress in a range of mine production expansion projects. Among its metals operations, tin...Cape Town conference: Africa’s potential and other key themes
ITRI’s 12th International Tin Conference in Cape Town on 23 – 25 April and a linked Conflict Minerals Seminar on 26 April attracted a total of 265 delegates. One of the key themes of both meetings was the potential for Africa to develop its mineral resources and...Timah production down in Q1
PT Timah reported a 41% year-on-year fall in net profit and a 20% decline in refined tin production in the first quarter of 2012. The state-controlled tin company said that net profit in the period was Rp 207.7 billion (US$23 million), with the positive impact of...Minsur to acquire copper business
Minsur SA, Peru’s only tin producer, plans to acquire a controlling stake in Marcobre, which is developing a substantial copper project in Ica province, also the location of Minsur’s Ausmelt tin smelter, local newspaper Gestión reported. Minsur investment...East German drilling programme completed
Deutsche Rohstoff AG and its majority owned Australian company Tin International Limited successfully completed its first drilling program at its 100% owned Gottesberg and Geyer tin projects Saxony, Germany. Between November 2011 and April 2012, a total of eight holes...Analysts’ tin price forecasts raised
A new survey of price forecasts for LME metals in 2012 and 2013 published by Reuters on Friday showed a slightly higher range of projections than in January. Reuters has now instituted a quarterly poll of bank and other analysts, having previously produced two surveys...Exploration boom in Tasmania
Tasmania’s mineral exploration sector has finally shaken off the doldrums, with almost 80 companies spending a record A$ 38.7 million last year looking for the mines of tomorrow, the Hobart Mercury newspaper reported. Drill rigs are humming on many of the 194...
