• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Industrial Metals Market
Industrial Metals News
Industrial Metals Stocks
  • Industrial Metals Market
  • Industrial Metals News
  • Industrial Metals Stocks
tin investing

Alphamin Begins Commissioning Bisie Tin Mine

Written by Georgia Williams
|
May. 02, 2019 02:55PM PST

Construction of the mine, located in the Democratic Republic of Congo’s remote North Kivu province, was completed earlier this year.

Canadian-listed industrial metals company Alphamin (TSXV:AFM,OTC Pink:AFMJF) has begun the commissioning process for its flagship Bisie tin mine.

Located in the Democratic Republic of Congo’s remote North Kivu province, construction of the mine was completed earlier this year.

In late April, wet commissioning took place as a precursor to the hot processing that is now underway.

Hot commissioning will troubleshoot and assess the plant’s ability to process materials, as well as monitor the calibration and machinery involved in the processing feed.

The hot commissioning will run from April 25 to the week of May 5. “(It will) build up to instantaneous design throughput of 50 tons per hour into the jigging section and 8 tons per hour into the gravity concentration section,” notes the company announcement.

The Bisie project is considered one of the most significant high-grade tin deposits in the world, and it is expected to make a large contribution to the North Kivu economy once in full operation.

Following the present round of test commissioning, the company plans to enter the final commissioning phase of product optimization.

It is an advantageous time to open a tin mine. In 2018, global production was reduced by roughly 3,000 metric tons (MT), while tin production in the Congo — the world’s sixth largest producer — dropped by roughly 500 MT.

Despite global production falling in 2018, demand for tin is expected to steadily increase as the metal becomes more integrated in electric vehicle (EV) manufacturing.

In addition to the EV space, tin is also widely used to make food and beverage cans, as well as alloys.

Alphamin could stand to benefit from the growing need for tin. In 2016, the Bisie project had a measured resource of 19,600 tonnes of tin, an indicated resource of 188,400 tonnes of tin and an inferred resource of 22,800 tonnes of tin.

The current tin price on the London Metal Exchange is US$19,767.50 per tonne.

Shares of Alphamin were up 13.04 percent on Thursday (May 2), trading at C$0.27.

Don’t forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.

tin investing tsxv:afm democratic republic of congo
The Conversation (0)

Go Deeper

AI Powered
Overhead view of various types of silver tin cans on a grey surface.

Tin Stocks: 10 Biggest Producers

A tin can with a US bill inside.

Top 10 Tin-producing Countries

Latest News

More News

Outlook Reports world

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
  • Energy
    • Uranium
    • Oil and Gas
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Industrial Metals
  • Agriculture
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Gaming
    • Cleantech
    • Emerging Tech
Life Science
    • Biotech
    • Cannabis
    • Psychedelics
    • Pharmaceuticals

Featured Industrial Metals Investing Stocks

TinOne Resources

TORC:CC

Cornish Metals Inc.

CUSN:CC
More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES