Tin - Copperbelt Katanga Mining

Tin falls and records a loss of 4,687.5 USD per ton in one week

May 24, 2022May 24, 2022 admin

After registering a remarkable drop in price in the international market last week, down to USD 2,981.25 per ton, tin could remain on this steep slope during this week. In its weekly report on the general trend in the prices of mining products exported from the Democratic Republic of Congo on the international market, the National Mercurial Commission notes a new drop in the price of tin. This product is expected to trade at $35,381.25 per ton this week from $40,068.75 per ton. In one week, tin recorded a drop… Read More Here

copper, tin, zinc and cobalt at a rate of poor performance this week

May 18, 2022May 18, 2022 admin

The main mining products exported from the Democratic Republic of Congo should suffer a poor performance this week on the international market. According to experts from the National Mercurial Commission of the Ministry of Foreign Trade, the general trend of these products for the period from May 16 to 21 is bearish. If this National Mercurial Commission notes, however, that only cobalt should experience a price increase on this market, selling around 87,781.06 USD per tonne this week against 81,485.00 USD per tonne last week, the prices displayed on the… Read More Here

Mining in DRC Tin

The price of tin could register a decline of 2,981.25 USD per tonne this week

May 17, 2022May 17, 2022 admin

The prices of the main mining products exported from the Democratic Republic of Congo (DRC) have been in freefall on the international market for several weeks. This trend was confirmed in the latest report by experts from the National Mercurial Commission of the DRC Ministry of Foreign Trade, which takes into account the period from May 16 to 21, 2022. This document indicates that tin should experience a significant drop during this period and should sell at 40,068.75 USD per tonne against 43,050.00 USD last week, i.e. a negative price… Read More Here

Battery Metals Lithium Mining in DRC Tin

AVZ Minerals scores long-awaited Manono Project license

May 4, 2022May 9, 2022 admin

AVZ Minerals Limited (ASX: AVZ, OTCQX: AZZVF) (AVZ or Company) is pleased to announce that the Minister of Mines has issued the Ministerial Decree to award the Permit d’Exploitation (PE or Mining Licence) for its flagship Manono Lithium and Tin Project (Manono Project). Dathcom Mining SA is 75% owned by AVZ International Pty Ltd, a wholly owned subsidiary of AVZMinerals Limited.Award of the Mining LicenceThe signing of the Ministerial Decree to award the Mining Licence to Dathcom Mining SA (Dathcom), in which AVZ holds a 75% interest via its wholly… Read More Here

International Mining in DRC Tin

Alphamin kicks off potential sale as tin prices surge

April 20, 2022April 20, 2022 admin

Alphamin Resources Corp., one of the world’s largest tin miners, has kicked off a potential sale of the company as prices of the metal surge, people with knowledge of the matter said. Canadian-listed Alphamin, which is working with boutique advisory firm Cutfield Freeman & Co., has sent out marketing materials to prospective bidders, the people said. It has asked for initial offers by the end of the month, according to the people, who asked not to be identified because the information is private. Alphamin jumped 16% to C$1.30 a share… Read More Here

International Tin

World: up, the ton of tin goes from 43,375.00 USD to 44,448.00 USD this week

April 20, 2022April 20, 2022 admin

According to projections by experts from the National Commission for Mercurial Prices of the Ministry of Foreign Trade, the price of tin should experience a significant increase on the international market for the period from April 18 to 23, 2022. According to this table of prices of mining export products from the Democratic Republic of Congo (DRC) the ton of tin should trade at 44,448.00 USD this week against 43,375.00 USD the same quantity the week last. Tin thus records a positive price margin of around 1,073 USD during this… Read More Here

Mining in DRC Tin

Walikale territory in the DRC produced more than 48,000 tonnes of tin between 2019 and 2022

April 18, 2022April 18, 2022 arnbethnic

The territory of Walikale located in the province of North Kivu in the Democratic Republic of Congo (DRC) has produced 48,715.54 tonnes of tin since 2019 to date, informs Mrs. Antoinette N’Samba, Minister of Mines. According to the Congolese Minister of Mines who answered the oral question with debate sent to her by Senator Victorine Lwese Bakuamoyo on mining in the DRC, this production generated more than 618.8 million USD. As for the concerns raised by the senator on the distribution of profits from the mining royalty of the territory… Read More Here

Mining in DRC Tin

Alphamin’s shares rise on expected increase in first-quarter Ebitda

April 6, 2022April 6, 2022 admin

Tin miner Alphamin Resources’ share price on the JSE rose by more than 9% on April 5 after the company announced that it expected to report record earnings before interest, taxes, depreciation and amortisation (Ebitda) of $98-million for the quarter ended March 31 – a 32% quarter-on-quarter improvement. Contained tin production of 3 061 t was in line with the previous quarter. Underground mining continued to deliver steady results and processing plant recoveries increased to 78% from 75% in the prior quarter. Contained tin sales increased by 9% quarter-on-quarter to 3 336 t at an… Read More Here

Mining in DRC Coltan Copper Tin Zinc

Market: the main mining products continue to improve on the market this week, zinc at more than 42,600 USD per tonne

April 5, 2022April 5, 2022 admin

This week from April 4 to 9, 2022, the main mining export products of the DRC remain in good shape, according to projections by experts from the National Mercurial Commission of the Ministry of Foreign Trade. Copper still on the rise at 10,332 USD per tonne against 10,247 USD per tonne last week, resulting in a price difference of 85.45 USD. Cobalt is also up this week at 82,067 USD per tonne against 81,619 USD per tonne last week, a price difference of 448 USD. Zinc is also trading higher… Read More Here

Mining in DRC New Mining Projects Tin

Alphamin to proceed with Mpama South mine development

March 30, 2022April 4, 2022 admin

Tin miner Alphamin Resources on March 29 said it had taken the decision to proceed with the development of the Mpama South mine and processing plant in the Democratic Republic of Congo. Alphamin is targeting first tin production at Mpama South by December 2023. The mine is estimated to produce contained tin of 7 232 t/y at an estimated all-in sustaining cost of $15 188 /t. The mine is expected to deliver earnings before interest, taxes, depreciation and amortisation of about $187-million a year at an assumed tin price of $40 000/t. Alphamin… Read More Here