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Category: Tin

Rwanda's Mining Exports to UAE Surpass DRC's by 7% in 2023 1 Mining in DRC Economy Gold Tin 

Rwanda’s Mining Exports to UAE Surpass DRC’s by 7% in 2023

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In 2023, the Rwanda Development Board reported a significant milestone for the country, with foreign exports reaching $3.5 billion, marking a remarkable 17.2% growth compared to 2020. This growth, according to the government institution tasked with accelerating Rwanda’s economic development, stemmed from the export of various raw materials, including raw gold, platinum-plated gold, zirconium, tin, and tungsten. Additionally, essential products like malt, wheat or meslin flour, cereal flours, coffee, tea, and cement contributed to this upward trend. The United Arab Emirates emerged as the primary importer, accounting for 56.9% of… Read More Here
DRC Raises Concerns with Apple Over Alleged Use of Conflict Minerals 2 Mining in DRC Tin 

DRC Raises Concerns with Apple Over Alleged Use of Conflict Minerals

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The Democratic Republic of Congo (DRC) has conveyed apprehensions to Apple Inc. regarding the potential presence of conflict minerals sourced from the country within the tech giant’s supply chain. International lawyers representing the Congolese state submitted inquiries to Apple on April 22, expressing concerns about the origin of minerals like tin, tungsten, and tantalum, collectively known as 3T minerals, as reported by Bloomberg. This development follows a recent US court ruling that cleared several tech companies, including Apple, of child labor charges in cobalt mines across Africa. In a statement… Read More Here
Uganda to open its first tin refining facility next month 3 Mining in Uganda Mineral Processing Tin 

Uganda to open its first tin refining facility next month

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Uganda is set to launch the country’s first tin refining plant in the south-western region next month, Reuters reported. The move is expected to support the country’s efforts to expand its mineral processing capacity. This plant is owned by Uganda-based mining and mineral trading company Woodcross Resources The establishment of the tin refining facility aligns with President Yoweri Museveni’s strategy to maximise the benefits of Uganda’s mineral exports, according to the news agency. The country, which already hosts several gold refineries, is expanding its mineral processing capabilities. Recently, Chinese-backed Sunbird… Read More Here
Uganda Set to Inaugurate First Tin Refining Plant 4 Mining in Uganda Tin 

Uganda Set to Inaugurate First Tin Refining Plant

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Uganda is poised to inaugurate its inaugural tin refining facility in the southwestern region next month, signaling a significant step towards expanding capacity and enhancing domestic value addition to its mineral resources, according to a senior official from the mining ministry. President Yoweri Museveni’s administration aims to capitalize on the advantages of exporting minerals to the East African nation, where several gold refineries are already operational. Recently, Chinese-backed Sunbird Resources secured a license to mine limestone for cement production, further highlighting Uganda’s commitment to maximizing its mineral resources. Irene Bateebe,… Read More Here
Tantalex Lithium Resources Corp Announces Production Milestone in DRC's TiTan Plant 5 Mining in DRC Lithium Tin 

Tantalex Lithium Resources Corp Announces Production Milestone in DRC’s TiTan Plant

Constance
Canadian company Tantalex Lithium Resources Corp, led by Eric Allard, has announced that its tin and tantalum plant, TiTan, based in the DRC, has produced its first batch of export-ready tin and tantalum concentrates. A first batch of 10 tonnes of tin concentrates (SnO2) has been fully processed at its Manono mining site. Additionally, 2.5 tonnes of tantalum concentrates (Ta2O5) have also been produced. All of TiTan’s production is sold under an operating agreement with AfriMet Resources Ag, a Swiss company based in Zug, founded by Hadley Natus in 2019,… Read More Here
DRC's Main Mining Exports Witnessed Price Decline Last Week 6 Mining in DRC Gold Tin 

DRC’s Main Mining Exports Witnessed Price Decline Last Week

Constance
The average prices of the primary mining export products from the Democratic Republic of Congo exhibited a downward trajectory on the international market last week, from February 12 to 17, 2024, as projected by experts from the Commission Nationale des Mercuriales du Ministry of Foreign Trade. Tin witnessed a slight improvement during the week, trading at 25,805 USD per tonne compared to 25,602 USD per tonne the previous week, marking an increase of 202 USD. Gold also experienced an upward trend, reaching 65.72 USD per gram, up from 65.56 USD… Read More Here
Rome Resources Ventures into DRC's Tin Assets Through London Partnership 7 Mining in DRC Tin 

Rome Resources Ventures into DRC’s Tin Assets Through London Partnership

Constance
Rome Resources, a company actively engaged in tin exploration in the Democratic Republic of Congo (DRC), has unveiled its plans to acquire interests in promising tin assets located in North Kivu. This move is anticipated to significantly impact the African tin production landscape, with the arrival of a London-listed company potentially drawing increased investments into the sector. On November 30, Rome Resources made public the signing of a non-binding memorandum of understanding with Pathfinder Minerals, a British company listed on the AIM market of the London Stock Exchange. The memorandum… Read More Here
NGOs Urge EU to Mandate Traceable Imports from DRC Mines 8 Mining in DRC Gold Tin 

NGOs Urge EU to Mandate Traceable Imports from DRC Mines

Constance
More than six years after its entry into force, the European Union regulation on the responsible sourcing of tin, tungsten, tantalum and gold from conflict or high-risk areas is struggling to achieve its main objectives, namely breaking the link between mineral exploitation and conflict financing, as well as tackling human rights violations in supply chains, NGOs say. Twenty European non-governmental organizations have jointly issued a statement calling on the EU and its member states to strengthen enforcement of existing rules and adopt new measures to improve supply chain transparency while… Read More Here
Tin Prices to Hit USD 25,430.00 per Tonne in DRC This Week 9 Mining in DRC Cobalt Copper Economy Tin 

Tin Prices to Hit USD 25,430.00 per Tonne in DRC This Week

Constance
The general trend of mining products exported from the Democratic Republic of Congo (DRC) is downward during the period from August 28 to September 2, 2023 on international markets. According to experts from the National Mercurial Commission of the Ministry of Foreign Trade, only copper and silver should experience a slight price increase respectively to 8,269.60 USD against 8,232.45 USD per tonne a week earlier, i.e. a positive price difference of around 37.15 USD for copper and 0.75 USD against 0.74 USD per gram for silver ore. In addition, tin… Read More Here
Alphamin Dominates DRC's Tin Exports with 93% Share 10 Tin Mining in DRC 

Alphamin Dominates DRC’s Tin Exports with 93% Share

Constance
At the end of compiling its statistical data, the mining company Alphamin Resources dominates the industrial tin sector with 93% of total exports (industrial and artisanal). Considered a major in the tin sector in the DRC, Alphamin’s operations recorded a slight drop of 1% in the second quarter of the current year, expecting a delivery of 3,151 tons. However, for the year as a whole, experts’ forecasts remain optimistic about the future of the mining company’s operations. The way things are generally going, experts warn, Alphamin Resources’ operations could exceed… Read More Here

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