Can tin hit $50k?
Tin prices are at all-time-highs and rising, and while additional production is inevitable at current levels, there is a distinct lack of new tin mines currently in development. Ongoing supply disruptions and emerging inhibitory factors continue to support the positive price trend, and as it creeps towards $50k/t, it falls to existing cassiterite mines such […]
Nickel off its highs – but why?
Global nickel resources are currently estimated at almost 300 million tonnes with more than two million tonnes of new or primary nickel produced and used annually. While more than 25 countries can claim nickel production, just five countries account for over 50% of total supply, namely: Australia, Indonesia, South Africa, Russia and Canada. The overwhelming […]
Bisie on a non-stop growth path
As Alphamin Resources continues reporting excellent results at Bisie, the buoyant tin price could open up room for more tin projects in Africa, although it is still early days. Alphamin’s Bisie tin project in the eastern parts of the Democratic Republic of the Congo (DRC) is without a doubt in a league of its own […]
Alphamin – A Beacon of hope in a fragile state
Alphamin Resources’ (TSXV:AFM) (JSE: APH) tin mine in the DRC is a good example of what it takes to successfully discover a spectacular ore body in a fragile region, and to develop a mine despite the risks involved. Building a mine from scratch in the eastern parts of the DRC is not for the fainthearted. […]
Copper for a carbon neutral future
Copper futures broke above USD7,000 per tonne on Wednesday, October 21 and continued its upward momentum – its highest level since June 15, 2018. This was supported mostly by stronger demand from China and worries about supply disruptions in Chile. After months of underperforming, the Chinese economy is gathering momentum with industrial production increasing by […]
Alphamin defies the lockdown blues
Covid-19 is actually assisting the African tin producer Alphamin Resources (TSXV:AFM) (JSE: APH) Located in the remote eastern parts of the Democratic Republic of the Congo (DRC), the pandemic has hardly affected operations at Alphamin’s mine in the North Kivu province. Although several workers were stranded in South Africa for a few weeks during the […]
Copper prices rebound to two-year highs
China’s purchasing manufacturing data (PMI) has been released, showing an improvement from 52.8 in July to 53.1 in August. Manufacturing activity in the country is at its fastest pace in nearly a decade despite a weaker dollar. This situation, coupled with falling inventories has helped boost copper prices to two-year highs. On 1 September, three […]
Alphamin’s Bisie ups the ante (TSXV:AFM) (JSE: APH)
Alphamin Resources (TSXV:AFM) (JSE: APH) has upped the ante at its Mpama tin complex in the Democratic Republic of the Congo (DRC) in Q1 of 2020 with a new mining method at Mpama North, plans to initiate exploration drilling at its adjacent Mpama South deposit, and a strong focus on increasing production and free cash […]