Tin Mining

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TinOne Upsizes Private Placement
Newsfile· 2025-08-19 19:04
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2025) - TinOne Resources Inc. (TSXV: TORC) (OTC Pink: TORCF) (FSE: 57Z) ("TinOne" or the "Company") announces that the Company has upsized its non-brokered private placement previously announced on July 24, 2025 and as amended on July 30, 2025. The Company is now offering up to 6,000,000 units (the "Units") at a price of $0.05 per Unit, for gross proceeds of up to $300,000 (the "Offering"). The Company further announces that it has amended the exerc ...
TinOne Announces Re-Pricing of Private Placement
Newsfile· 2025-07-30 18:13
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2025) - TinOne Resources Inc. (TSXV: TORC) (OTCQB: TORCF) (FSE: 57Z0) ("TinOne" or the "Company") announces that the Company has adjusted the pricing of its non-brokered private placement initially announced on July 24, 2025. The Company is now offering up to 4,000,000 units (the "Units") at a revised price of $0.05 per Unit, for gross proceeds of up to $200,000 (the "Offering"). Each Unit is comprised of one common share of the Company and one whole ...
Cornish Metals Hosts the UK Chancellor of the Exchequer at South Crofty
GlobeNewswire News Room· 2025-07-30 06:00
Core Viewpoint - Cornish Metals Inc. is advancing its South Crofty tin project in Cornwall, UK, with significant government support aimed at regional economic growth and job creation [2][3]. Group 1: Government Support and Investment - The UK Government has invested £28.6 million through the National Wealth Fund to support the re-opening of South Crofty [2]. - This investment is part of a broader commitment to unlock regional growth, with South Crofty being a flagship example of how investment in critical industries can foster job creation and economic renewal [2]. Group 2: Project Development and Job Creation - The revival of domestic tin production at South Crofty is expected to create over 300 direct jobs, along with additional support for local supply chains and regional businesses [3]. - The company emphasizes its commitment to delivering long-term, sustainable value while being deeply rooted in the community [4]. Group 3: Importance of Tin in Clean Energy - Tin is identified as a critical mineral for the clean energy transition, essential for electronics, electric vehicles, and renewable infrastructure [3].
ALPHAMIN PROVIDES Q2 2025 OPERATIONAL UPDATE/ FILES AMENDED CONSTITUTION
Globenewswire· 2025-07-03 13:08
Core Viewpoint - Alphamin Resources Corp. provided an operational update highlighting production and financial performance for Q2 2025, indicating a recovery in sales and cash position despite production challenges due to security concerns [1][5][9]. Operational Performance - Contained tin production for Q2 2025 was 4,106 tonnes, below the target of 5,000 tonnes due to a temporary operational halt on March 13, 2025, with a phased restart beginning April 15, 2025 [5][10]. - The overall plant recovery rate improved to 77% from 75% in the previous quarter [2][5]. - Contained tin sales increased by 19% to 4,587 tonnes, aided by clearing a sales backlog from Q1 2025 [6][10]. Financial Performance - EBITDA guidance for Q2 2025 is set at US$75 million, a 21% increase from the previous quarter's actual EBITDA of US$62 million, primarily driven by higher sales [8][10]. - The All-In Sustaining Cost (AISC) for Q2 2025 is estimated at US$16,500 per tonne sold, slightly higher than the previous quarter's US$16,279 due to operational disruptions [7][10]. - The company reported a net cash position of US$50 million, an improvement of US$52 million from a net debt position of US$2 million in the prior quarter [9][10]. Exploration Update - The exploration strategy focuses on increasing the resource base at Mpama North and Mpama South, discovering new tin deposits, and ongoing grassroots exploration [11][12]. - Drilling at Mpama South has shown visible mineralization, with the first drill hole intersecting multiple narrow cassiterite veins [13][10]. - Exploration drilling at Mpama North has also indicated potential for further cassiterite mineralization at depth [14][15]. Corporate Governance - The company has amended its Constitution to enhance corporate governance, with changes approved by shareholders at the annual general meeting on June 18, 2025 [17].
Grant Funding Investment at South Crofty Tin Project
Globenewswire· 2025-06-12 06:00
Core Viewpoint - Cornish Metals Inc. has secured grant funding of up to £4,190,500 for its Bartles Foundry project, which is part of the South Crofty tin project in Cornwall, UK, demonstrating strong local and governmental support for advancing tin production [1][3][4]. Funding and Project Details - The grant funding represents a maximum of 62% of the total estimated project cost of approximately £6.8 million, aimed at constructing workshops, stores, and offices at the Bartles Foundry site [2]. - The funding will also cover the previously announced purchase of 4.5 acres of land from Cornwall Council, with conditional planning approval granted in January 2025 [2]. Company and Project Significance - The South Crofty project is positioned to be the only primary tin producer in Europe or North America, with tin classified as a Critical Mineral essential for electronic devices and infrastructure [8]. - The project is expected to create up to 320 direct jobs, contributing to local employment and economic growth [8]. Government and Community Support - The Cornwall Council emphasizes the importance of the South Crofty project for creating high-quality jobs and enhancing the UK's domestic supply of essential minerals [3][8]. - The project aligns with the UK government's Shared Prosperity Fund objectives, which aim to stimulate economic growth and opportunities across the UK [4][6].
“稀土小强”缅甸,为何如此重要?
Mei Ri Jing Ji Xin Wen· 2025-03-31 15:57
Core Viewpoint - The recent 7.9 magnitude earthquake in central Myanmar has raised global concerns, resulting in significant casualties and potential disruptions to the country's critical mineral supply chains, particularly in rare earth elements and tin production [1][3]. Mineral Industry Impact - Myanmar is a major global producer of antimony, tin, and rare earth elements, with rare earths accounting for approximately 60% of China's total imports [3][9]. - The earthquake's impact on the rare earth supply chain is uncertain, with expectations that imports may not recover in the short term due to potential disruptions in production and transportation [13][14]. - Myanmar's rare earth production has seen significant growth, reaching 31,000 tons in 2020, but is projected to decline to 31,000 tons in 2024, representing 7.9% of global production [9][12]. Tin Production Insights - Myanmar ranks as the third-largest tin producer globally, with significant contributions from the Wa region, which accounts for 90% of the country's tin output [14][16]. - The earthquake may lead to increased risks of mine collapses and equipment damage, potentially halting production and affecting the supply chain [14][16]. - Tin prices have experienced volatility, with a notable increase from 211,000 CNY/ton to a peak of 290,500 CNY/ton, driven by supply constraints and geopolitical tensions [16]. Geographical and Economic Context - Myanmar's strategic location between China and the Indian Ocean makes it a vital source of various minerals for China [3][17]. - The city of Mandalay, significantly impacted by the earthquake, serves as a crucial hub for jade trade and connects major mining areas to Chinese markets, highlighting the deep economic ties between Myanmar and China [17].