Lower volumes, higher margins for Timah
Indonesia’s PT Timah reported a 29% rise in consolidated sales and a more than doubling of net income to Rp 689 billion (US$79 million) in the first half of 2011, despite a fall in tin sales volumes. Refined tin sales by the state-controlled company in...Venture looks for Chinese partners
Australian miner Venture Minerals plans to start tin production from its Mount Lindsay project in Tasmania in 2013, in time to capture strong global demand for the metal, Managing Director Hamish Halliday told Reuters. Halliday said his company was in preliminary...Celeste publishes first resource estimate for South Crofty
Celeste Copper Corporation, the Canadian listed company which in May announced an agreement to acquire a 25% stake in the South Crofty project in Cornwall, UK has published an initial estimate of mineral resources in five near surface deposits on the property. Using a...Stellar completes Heemskirk project scoping study
ASX-listed Stellar Resources has published details of a new scoping study on the Heemskirk deposit near Zeehan, Tasmania, in which it currently has a 60% holding with Gippsland Limited. The project, scheduled for a 2014 start-up, could produce some 3,900 tpy of...Kasbah reports positive drilling results, but fires contractor
Kasbah Resources has reported “excellent” results from latest exploration work at its Achmmach tin project in Morocco, including some very high grade drill holes in the Gap zone between two target areas which have already been better demarcated....MSC and Traxys may partner on DR Congo project
Traxys may work with Malaysia Smelting Corporation to develop tin mining in DR Congo, Bloomberg reported. The involvement of Traxys, the Luxembourg-based global trading group, was identified in a contract published on the website of the country’s mines ministry....Gippsland expands plans for Abu Dabbab project
Gippsland Limited has re-worked previous studies for the Abu Dabbab tantalum-tin project in Egypt based on a larger scale of operations than previously anticipated. The company now expects to mine 3 million tonnes of ore annually, 50% more than originally planned,...Celeste to acquire stake, fund development at South Crofty
The Canadian listed Celeste Copper Corporation has agreed with the current owners of the old South Crofty mine in Cornwall, UK to fund exploration and development over the next year in return for a 25% stake in the project. Celeste’s initial financial input will be...New Explorers & Developers Group launched by ITRI
ITRI is pleased to announce that from 1st June a new membership group for companies involved in tin exploration and development projects has been established. An initial meeting of companies committed to joining the group was held in Hangzhou, China on 25th May to...
