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LONDON (Alliance News) - Tin miner AfriTin Mining Ltd said Thursday it has completed construction of the civil earthworks and platforms at the Uis tin mine in Namibia.
This has allowed AfriTin to progress the steel framework construction and equipment installation of the processing plant.
The company expects the phase one pilot processing plant to process 500,000 tonnes per annum, producing around 60 tonnes of tin concentrate per month.
The plant will consist of a four-stage crushing plant and concentrator, which will employ dense media separation and gravity concentration circuits.
"We are pleased to present further progress at Uis and are now a step closer to producing first tin. The company remains well positioned to take advantage of the exciting opportunities emerging in the tin market. We look forward to announcing further updates on our development milestones as we advance the Uis Tin Project towards production and ultimately a large-scale tin producer," said Chief Executive Anthony Viljoen.
Shares in AfriTin Mining were 1.4% higher on Thursday at a price of 3.40 pence each.