AfriTin Mining Ltd (LON:ATM)

AfriTin Mining Ltd (LON:ATM)


Share Price
3.40 p
Change
0 (0.00 %)
Market Cap
£21.90 m
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AfriTin Mining Ltd

AfriTin Mining is a mining company with a portfolio of near production tin assets in Namibia (Uis Project) and South Africa (Mokopane Tin).

EPIC: ATM
Market: AIM:ATM
52-week High/Low: 4.49p / 2.83p
Sector: General Mining
Market Cap: £21.90 m
Website: afritinmining.com
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Big Picture – A Deep Dive Examination of AfriTin Mining Ltd


Process plant
AfriTin Mining Limited (LON:ATM) is developing the Uis tin project in north-west Namibia Phase 1 will see process 500,000 tonnes of ore per annum processed This will produce 60 tonnes of tin concentrate per month. Phase 2 will see capacity rise to 3mln tonnes per annum, producing the 5,000 tonnes of tin concentrate

AfriTin Mining Ltd Snapshot

AfriTin’s vision is to create a portfolio of world-class, conflict-free, tin producing assets and become the first pure tin company listed in London

The company’s flagship asset is the Uis brownfield tin mine in Namibia, formerly the world’s largest hard-rock tin mine.

AfriTin is managed by a highly experienced board of directors and management team with a a current two-fold strategy:

Fast track Uis brownfield tin mine in Namibia to commercial production in 2018 ramping up to 5,000 tonnes of concentrate, and
Consolidation of other quality African tin assets.

Guernsey, South Africa and Namibia.

Glen William Parsons
Chairman

Glen Parsons is a qualified Chartered Accountant with an Honours degree in Accounting Science and a Bachelor of Commerce degree in Economics.

Glen Parsons has over 20 year’s international experience in company building, corporate finance, treasury, operational and general management. His most recent role was as Chief Executive Officer of Mariana Resources and before that he was Chief Development Officer and Corporate Development  Officer at Neptune Minerals Plc.

He has built new profitable businesses and divisions within both large and small organisations. Glen was an executive director of RFC Corporate Finance Ltd, a specialist minerals resources investment bank and fund manager. Duties included corporate finance mandates which included mergers and acquisitions, strategic advice, mineral project assessment and capital raisings.

He has specific LSE-AIM experience and has been involved with a number of successful equity and debt raisings for junior and developing mining companies.

Glen forms part of the Audit and Remuneration committees.

 

Anthony Richard Viljoen
CEO

Anthony is a mining entrepeneur and founding shareholder of VM Investment Company. He has been responsible for the identification and development of a number of mineral projects across Africa. He was the founding director and CEO of Australian listed Lemur Resources and remains a non-Executive Director of Bushveld Minerals.

 

Terence Philip Goodlace
Non-Executive Director

Terence Goodlace’s mining career commenced in 1977, and has spanned more than 40 years. He is currently an independent non-executive director at Gold Fields Limited and Kumba Iron Ore Limited.  In 2017 he was appointed onto the South African Mining Extraction Research, Development and Innovation steering committee.

He spent the majority of his career at Gengold (merged with Gold Fields South Africa to become Gold Fields in 1998) and he progressed from being a miner through to becoming the Chief Operating Officer in 2008.  For five years during this time he was responsible for creating, implementing and facilitating the strategic and operational planning processes and outcomes for all Group operations.  This included executive responsibility for Group Mineral Resource Management, Environmental Management and Sustainable Development.

He then spent three years as the Chief Executive Officer of Metorex Limited and served on the Impala Platinum Holdings Limited board for two years as an independent non-executive director and four and a half years as the Chief Executive Officer. He has significant experience in leading underground and open pit operations in Africa, South America and Australia.

 

Laurence John Robb
Non-Executive Director

Before moving to the United Kingdom, Laurence Robb was Professor of Economic Geology in the School of Geosciences at the University of the Witwatersrand (Wits), South Africa, and between 2001-2005, also Director of its Economic Geology Research Institute (EGRI). He is currently Visiting Professor in the Department of Earth Sciences at the University of Oxford. He has worked for over 30 years on many the great mineral districts of the African continent and is currently involved in research on the metallogeny of Myanmar/Burma and also Western Sahara. His main field of expertise is in granite related mineral deposits –  he is also the author of the internationally acclaimed text-book, ‘Introduction to Ore-Forming Processes’ that is widely used all over the world.

He served a term as President of the Geological Society of South Africa in 1999-2000 and is currently President of the Society of Economic Geologists, based in Denver, USA.

 

Roger Alyn Williams
Non-Executive Director

Mr Williams is a Chartered Accountant with over 20 years’ international experience in mining finance and an honours degree in French and Spanish. He was previously CFO of Randgold Resources Limited and part of the management team that transformed it from being an exploration and development company into a major gold producer.

He then went on to become CFO of JSE-listed AECI Limited. His other experience includes directorships and interim executive appointments with various mining and mining services companies. Mr Williams is currently a Non-Executive Director of Sylvania Platinum Limited, Alecto Minerals plc and Digby Wells and Associates.

Roger forms part of the Audit and Remuneration committees.

 

 

 

Registered Office
18-20 Le Pollet
St Peter Port
Guernsey
GY1 1WH

Representative office | South Africa
Illovo Edge Office Park
Building 3, 2nd Floor,
Corner Harries and Fricker Road.
Illovo, South Africa

Representative office | Namibia
Shop 48, Second Floor
Old Power Station Complex
Armstrong Street
Windhoek, Namibia

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