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Alphamin Resources Corp. V.AFM

Alternate Symbol(s):  AFMJF

Alphamin Resources Corp. is a Mauritius-based company, which is engaged in the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The Company sells its product to one customer, Gerald Metals SA. The Company’s Mpama South development project is adjacent to the producing Mpama North mine and comprises a new underground development portal, processing plant and associated equipment. The Company has developed and brought the Bisie Tin Mine project in production. The Company’s subsidiaries include Alphamin Bisie Mining SA, Alphamin South Africa (Pty) Limited, Alphamin Holdings (BVI) Ltd, and Alphamin Holdings (BVI) Ltd.


TSXV:AFM - Post by User

Post by TELEMARKERon Nov 11, 2021 12:15pm
150 Views
Post# 34115379

Kitco Nov 11

Kitco Nov 11*Shanghai tin prices surged to their highest in more than two weeks, supported by supply disruptions caused by China closing a border crossing with Myanmar to prevent the spread of the coronavirus.
* The most-traded December tin contract on the Shanghai Futures Exchange jumped as much as 5.4% to 289,370 yuan ($45,273.48) a tonne, its highest since Oct. 25.
* Tin inventories in both LME and ShFE warehouses have been hovering near multi-year lows. LME tin gained 1.3% to $37,750 a tonn
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