We will start up with a steady state 65 tonnes per month.
All of our areas are fully licensed so we can start mining straight away.
Anthony Viljoen, chief executive
What it owns
Uis is a formerly producing mine that was shut down more than 20 years ago when the tin price hit a nadir.
AfriTin (LON:ATM) is now working to restart the operation.
According to a historic resource estimate prepared by SRK, Uis has more than 70mln tonnes of ore containing 95,000 tonnes of tin.
The mine plan worked out by SRK says that that’s enough to allow for production through to 2063, although initially, AfriTin has much more modest goals.
In February, AfriTin added it had discovered significant grades of lithium, in addition to tin, in pegmatites in the ML 133 Licence, located in the Nainais area of Nambia.
ML 133 is outside of the current development area at the Uis tin mine.
In May, AfriTin also signed an agreement with Namibia Power over grid electricity for the pilot plant at the Uis tin mine.
An 800-metre power line and substation will be built for the grid connection to coincide with the anticipated production ramp-up of the processing plant.
In August, AfriTin agreed a £2.46mln working capital facility with Nedbank Namibia having reported two weeks earlier that it was moving towards completion of the commissioning phase of the pilot plant.
- Ore already being stockpiled
- Pilot plant modifications completed
- Production gets underway at phase 1 at Uis of both tin ad tantalum
- Bankable study for phase 2 upgrade