Category: Tin

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

A total of 32,854.59 tonnes of tin were produced in the Democratic Republic of Congo (DRC) during the year 2022, informs the Technical Unit for Coordination and Mining Planning of the Ministry of Mines (CTCPM). According to the same source, these total exports of tin concentrates by mode of exploitation (industrial and artisanal) during the 2022 financial year generated revenues of around 428.8 million US dollars. Exports of tin concentrates from industrial exploitation for the 2022 financial year are estimated at 24,307.88 tonnes, or 73.99% of the total exploitation of… Read More Here

Tin, one of the main mining products exported from the Democratic Republic of Congo (DRC) should record an increase in its price this week on the international market. According to projections made by experts from the National Commission of Mercurial Prices of the Ministry of Foreign Trade, tin should trade at 25,970 USD per ton this week against 24,480 USD per ton last week, an increase of 1 $490. This rise in tin prices should continue to delight the economy of the Democratic Republic of Congo, which is largely based… Read More Here

According to the report of the experts of the National Commission of Mercurial Prices of the Ministry of Foreign Trade, the ore of tin should register a significant drop this week on the international markets. Indeed, the tin exported by the DRC should trade at 26,681 USD per tonne this week against 27,715 USD per tonne last week, a negative price difference of 1,034 USD. It should be noted that this week does not bode well for the main mining products exported from the Democratic Republic of Congo (DRC). Apart… Read More Here

Tin exports in 2022 are valued at 32,854 tons for an estimated market value of USD 428.8 million, according to statistics from the Ministry of Mines of the Democratic Republic of Congo. Of this volume of tin exported, 24,307 tons come from industrial exploitation and generated revenues of around 318.9 million USD. As for the artisanal exploitation, it exported 8,546 tons bringing in 109.8 million USD during the year 2022. In the Democratic Republic of the Congo, tin is produced in the two Kivus, in Maniema and in Katanga. Among… Read More Here

The price of tin has almost doubled over a year and is on the verge of recording its strongest annual increase in more than thirty years (30 years), note experts in the sector. On the international market, tin is trading at 23,724.00 USD per ton on the London Stock Exchange this Monday, December 19, 2022, an increase of around +0.53%. According to some experts, this surge in the price of tin is putting pressure on the sectors of activity that use it as soldering agents. For automakers – where it… Read More Here