GRAND BAIE, MAURITIUS–(Marketwired – June 28, 2016) – Alphamin Resources Corp. (TSX VENTURE:AFM) (“Alphamin” or the “Company”) is pleased to report on the results of an update to its Feasibility Study for its 80.75% owned Bisie Tin Project (“Bisie” or “the Project”) located in the Walikale Territory of the North
By Vivien Diniz
Over the course of the last two years, tin prices found a comfortable spot at the bottom. With no where to go but up, it is time to see what 2016 has in store for the industrial metal.
Avalon Rare Metals Inc. (TSX:AVL) have released a report by the RB Milestone Group which highlights the focuses on advancing two of its six projects, namely Separation Rapids (lithium) and East Kemptville (tin-indium).
Mining Weekly reported that only three Indonesian tin companies meet new export regulations, which will come into effect in November.
The tin price is being hurt by illegal mining in Indonesia, but new export regulations are expected to help stop the problem.
Mining Weekly reported that tin smelters Indonesia, the world’s top tin exporter, are facing delays due to a change in export rules that will come into effect August 1.
Reuters reported that PT Refined Bangka Tin, a key Indonesian tin smelter, plans to cut its output in April and May on the back of a downturn in the metal’s price.
Reuters reported that the tin association in Indonesia said Friday that its members, as well as PT Timah (Persero) Tbk (ISE:TINS), the country’s biggest exporter of tin, won’t trade the metal below $17,000 per tonne.
Tinka Resources continues to announce long intervals of semi-massive zinc-silver-indium mineralization on the Ayawilca zone on its 100-percent-owned Colquipucro project. Geologist Wayne Hewgill gives his take.
A look back at tin’s performance in 2014 and what 2015 holds for the metal. If China ends up supplying less of the metal, it could be a happy new year for the commodity.
Demand for tin is rising, and no new mines are set to come online in response. As a result, many analysts expect a deficit in 2014.
Bloomberg reported that Indonesia, which is the world’s largest supplier of tin, is set to ship the least metal in 10 years, thus extending the supply shortage to a fourth year. It is expected that tin prices will rise 17% on the London Metal Exchange.