Category: Tin

Tin, one of the main mining products exported from the Democratic Republic of Congo (DRC), is expected to suffer a significant drop this week on the international market. This is what emerges from the communiqué of the experts of the Congolese Government of the National Commission of Mercuriales for the week from October 24 to 29, 2022. According to these experts, tin should fall to 20,094.00 USD per tonne this week against 20,586.00 USD per tonne last week, a negative gap of -492 USD. During this week, the general trend… Read More Here

Tin miner Alphamin Resources, a producer of 4% of globally mined tin from its high-grade operation in the Democratic Republic of Congo (DRC), produced 3 139 t of tin in the third quarter, which exceeded the previously stated market guidance of 3 000 t. In its operational update for the third quarter ending in September, published this week, Alphamin reported that a highly mineralised area underground, not previously included in the mineral resource or mine plan owing to its structurally complex nature, which was successfully mined and processed during the quarter,… Read More Here

Statistical data from the Technical Cell for Coordination and Mining Planning (CTCPM), published during this month, indicate that tin products, namely cassiterite, coltan and wolframite, commonly known as 3T (Tin, Tantalum and Tungsten ), come from the Eastern Provinces of the Republic, specifically Maniema, North Kivu, South Kivu, Haut-Katanga, Haut-Lomami, Lualaba and Tanganyika. According to figures from the CTCPM, the total production of cassiterite is 19,532.55 tonnes and is distributed as follows: – 12,622.37 tons of industrial exploitation; – 6,910.18 tonnes of artisanal mining. As for the production of colombo-tantalite “Coltan”… Read More Here

Like the mining products exported from the Democratic Republic of Congo to the international market, tin has been struggling to make good health for nearly two months already. On the stock market, the price per ton of tin fell to 24,850.00 US dollars this Friday, August 12, 2022. In the latest report published by the National Mercurial Commission, experts from the Ministry of Foreign Trade instead indicated that the ton of tin should trade at 25,533.75 USD this week against 25,200.00 USD last week, i.e. a price increase of around… Read More Here

The mining company Alphamin produced a volume of 3,180 tonnes of tin in the second quarter of 2022. This information comes from the operational and financial report published at the end of last July, specifying that this brings the production of the first six months to 6,241 tonnes. of the year 2022. On analysis, this performance represents an increase of 4% quarter on quarter. This puts Alphamin on track to achieve its goal of 12,000 tonnes of tin produced for the full year. However, it is worth pointing out the fall… Read More Here

In its weekly report on the evolution of mining products exported from the Democratic Republic of Congo (DRC), the National Mercurial Commission of the Ministry of Foreign Trade indicated that tin should record a price increase on the international market during for the week of August 1 to 6, 2022. Indeed, tin prices are expected to trade at USD 25,200.00 per tonne this week versus USD 25,021.25 per tonne last week, a slight price increase of around USD 178.75. As of August 2, 2022, a tonne of tin on the… Read More Here

In an operational and financial report published on Tuesday July 26, 2022, the mining company Alphamin announces that it produced 3,180 tonnes of tin in the second quarter of 2022. For this mining operator, this brings production for the first six months of the 2022 financial year to 6,241 tonnes. The performance thus achieved represents an increase of 4% quarter-on-quarter, placing Alphamin on track to achieve its target of 12,000 tonnes of tin for the full year 2022. We also note that EBITDA nevertheless fell, from 98.1 million USD at… Read More Here