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AfriTin Mining picks up two more tin and tantalum licences near to Uis mine

Anthony Viljoen, chief executive of AfriTin Mining Limited (LON:ATM) skyped into the Proactive studio in London following the announcement they'd bought two more tin and tantalum licences to expand its footprint in Namibia.

AfriTin's buying all of Tantalum Investment from Jan Jonathan Serfontein for £850,000 in shares issued at 3.4p.

Tantalum Investment owns the licences, one of which includes the formerly producing Brandberg West tin and tungsten mine that was in operation until the 1980's.

Quick facts: AfriTin Mining Ltd

Price: 2.25 GBX

Market: AIM
Market Cap: £14.7 m

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AfriTin Mining CEO says operations are coming along nicely with 35 tonnes...

AfriTin Mining Ltd's (LON:ATM) Anthony Viljoen tells Proactive London's Andrew Scott that monthly tin production at the Uis mine, in Namibia, rose to 35 tonnes in July, up 79% month-on-month. He says they're targeting output of 60 tonnes per month, which would result from the processing of some...

3 days, 18 hours ago

2 min read