logo-loader
AfriTin Mining Ltd

Afritin Mining predicts major strides forward over next six months

The period should see the construction of the pilot plant and a JORC-compliant resource produced

circuit board
Tin is used widely in electronics

AfriTin Mining Limited (LON:ATM) expects the next six months to see a major step forward in its plans to bring the Uis tin mine in Namibia back into production.

The period should see the construction of the pilot plant and a JORC-compliant resource at Uis based upon the 1980s SRK resource statements produced by early 2019.

READ: AfriTin Mining acquires more acreage near to Uis mine in Namibia

Once tin concentrate begins from the pilot plant, AfriTin intends to expand its footprint in the region through acquisition similar to the deal earlier this month for Tanatalum Investments and its two exploration licences.

Losses for the half year to August were £907,000.

 

Quick facts: AfriTin Mining Ltd

Price: £0.03

Market: AIM
Market Cap: £21.74 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of AfriTin Mining Ltd named herein, including the promotion by the Company of AfriTin Mining Ltd in any Content on the Site, the Company receives...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: AfriTin Mining's tin resource at Uis project 'one of the...

AfriTin Mining Limited's (LON:ATM) chief executive Anthony Viljoen tells Proactive London's Andrew Scott they're to move ahead with plans for a large scale operation at the Uis tin mine after a maiden resource confirmed the scale of the orebody. On a JORC basis, measured, indicated and...

21 hours, 42 minutes ago

2 min read