Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAndrada Mining Regulatory News (ATM)

If you are a professional, HNW or sophisticated investor and want to learn more about the current funding round for Peloton Minerals, please email kat.perez@focusir.com.

Share Price Information for Andrada Mining (ATM)

Share Price is delayed by 15 minutes
Get Live Data
3.55    0.01 (0.28%)
Bid:
3.50
Ask:
3.60
Spread: 0.10 (2.857%)
Market Cap: £78.06m
ATM Live PriceLast checked at - London Stock Exchange

Intraday Andrada Mining Share Chart

Uis Tin Mine Operational Update

31 Jul 2019 07:00

RNS Number : 2797H
AfriTin Mining Ltd
31 July 2019
Β 

31 July 2019

Β 

AfriTin Mining Limited

("AfriTin" or the "Company")

Uis Tin Mine Operational Update

AfriTin Mining Limited (AIM: ATM), a tin mining company with assets in Namibia and South Africa, is pleased to provide an operational update relating to the Phase 1 Plant commissioning of its new mining and processing facility at its flagship Uis Tin Mine in Namibia ("Uis").

Highlights:

- Commissioning of the processing plant in final stage;Β 

- First tin concentrate expected in early August;Β 

- Four-month ramp up phase commencing this week;Β 

The Company is pleased to announce construction of the Phase 1 Pilot Plant was completed on 26 July 2019 and both hot and cold commissioning is nearing completion ahead of production ramp up.

Β 

The plant consists of two main parts: a 4-stage crushing circuit and a 3-stage concentrating circuit. Hot commissioning of the crushing circuit was completed in June 2019 and cold commissioning of the concentrating circuit, which includes water testing of the wet circuits, was completed on 28 July 2019. Commissioning has progressed well and the final phase will see the hot commissioning of the concentrator, followed by commercial production of tin concentrate, which is on track to commence this week. Following the final commissioning phase, the Company will focus on ramping up the plant to its design capacity of 500,000 tonnes of ore per annum which will produce approximately 60 tonnes of tin concentrate per month before the end of Q4 2019. Thereafter, the preparations for Phase 2 will commence, which will comprise a planned operation of a 3 million tonne of ore per annum processing facility, producing approximately 5,000 tonnes per annum of tin concentrate.

Β 

In relation to this update, Anthony Viljoen, CEO of AfriTin Mining, commented:

"The successful commissioning of the concentrator officially concludes the construction phase of the project and moves the plant into Phase 1 production, with first tin concentrate to be produced in the coming days. This marks a momentous milestone for the Company and for the AfriTin team in particular, having delivered a pilot plant of this scale on a relatively modest budget, within two years of listing on AIM.

We look forward to keeping the market abreast of developments as the plant ramps up to steady-state production, while at the same time, delivering on other key aspects of the project."

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.

Β 

For further information, please visit www.afritinmining.com or contact:

Β 

AfriTin Mining Limited

Β 

Anthony Viljoen, CEO

+27 (11) 268 6555

Nominated AdviserΒ and Joint Broker

Β 

WH Ireland Limited

Katy Mitchell

James Sinclair-Ford

+44 (0) 207 220 1666Β 

Corporate AdviserΒ and Joint Broker

Β 

H&P Advisory Limited

Andrew Chubb

Jay Ashfield

Nilesh Patel

+44 (0) 20 7907 8500

Joint Broker

Β 

NOVUM Securities Limited

Jon Belliss

+44 (0)20 7399 9400

Financial PR (United Kingdom)

Β 

Tavistock

+44 (0) 207 920 3150

Jos Simson

Barney Hayward

Β 

Β 

About AfriTin Mining Limited

Notes to Editors

AfriTin Mining is the first pure tin company listed in London and its vision is to create a portfolio of world-class, conflict-free, tin-producing assets. The Company's flagship asset is the Uis brownfield tin mine in Namibia, formerly the world's largest hard-rock tin mine.

AfriTin is managed by an experienced board of directors and management team with a current two-fold strategy: fast track Uis brownfield tin mine in Namibia to commercial production in 2019 ramping up to 5,000 tonnes of tin concentrate, and consolidation of other quality African tin assets. The Company strives to capitalise on the solid supply/demand fundamentals of tin by developing a critical mass of tin resource inventory, achieving production in the near term and further scaling production by consolidating tin assets in Africa.

Β 

Β 

Β 

Β 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
Β 
END
Β 
Β 
UPDEAEXEDFSNEAF
Date   Source Headline
9th Jun 20267:00 amRNSThird Batch of Lithium Ridge Drill Results
27th May 20267:00 amRNSUis Financing & Lithium Ridge Drilling Complete
8th May 20269:45 amRNSNotification of Major Holdings
5th May 20267:00 amRNSSecond Batch of Lithium Ridge Drill Results
29th Apr 20268:31 amRNSNotification of Major Holdings
29th Apr 20267:00 amRNSAmendment of Convertible Loan Notes
24th Apr 20262:09 pmRNSNotification of Major Holdings
23rd Apr 20267:08 amRNS-RUpdate: Investor Presentation via IMC
20th Apr 20267:00 amRNSStrategic Equity Placement To Accelerate Growth
13th Apr 20267:00 amRNSPositive Tungsten Test Results At Brandberg West
26th Mar 20267:00 amRNSBusiness Update For Period Ended 28 February 2026
3rd Mar 20264:03 pmRNSEmployee Incentive Scheme Update
24th Feb 20267:00 amRNSThaisarco Strengthens Relationship with Andrada
10th Feb 20262:40 pmRNSEIB Partnership for Uis Mine Feasibility Study
9th Feb 20267:00 amRNSHigh-grade initial drill results at Lithium Ridge
4th Feb 20267:00 amRNSACAM Transaction Update
26th Jan 20267:00 amRNSLithium Ridge Exploration Update
21st Jan 20267:00 amRNSPartnership with ACAM to develop Brandberg West
19th Jan 202611:00 amRNSOrange Trust Loan Conversion to Equity
17th Dec 20257:00 amRNSQ3 Operational Update For Period End 30 Nov 2025
1st Dec 202510:35 amRNSNotification of Major Holdings
27th Nov 20257:00 amRNSInterim Results for Six Months Ended 31 Aug 2025
7th Nov 20257:00 amRNS-RPublication of 2025 Sustainability Report
24th Oct 20255:26 pmRNSNotification of Major Holdings
24th Oct 20255:25 pmRNSNotification of Major Holdings
30th Sep 20252:00 pmRNSResults of the Annual General Meeting
29th Sep 20257:00 amRNSBoard Changes
15th Sep 20257:00 amRNSQ2 Operational Update For Period Ended 31 Aug 2025
3rd Sep 20257:00 amRNSExploration Drilling Commences at Lithium Ridge
29th Aug 20257:00 amRNSAudited Financial Results For Year End 28 Feb 2025
21st Aug 20257:00 amRNSAndrada accelerates growth of its tin production
15th Aug 20257:00 amRNSIssuance of Shares & Total Voting Rights
27th Jun 20257:00 amRNSResults of strategic Subscription & Placing
26th Jun 20257:00 amRNSProposed Strategic Subscription and Placing
19th Jun 20252:00 pmRNSNotification of Major Holdings
17th Jun 20257:00 amRNSAndrada Secures High-Grade Tin Feedstock
6th Jun 20257:00 amRNSOperational Update For Period Ended 31 May 2025
22nd May 202511:28 amRNSChange of Registered Address
10th Apr 20257:00 amRNSUis Exploration Drilling Results
31st Mar 20257:00 amRNSFY Operational Update For Period Ended 28 Feb 2025
11th Mar 202512:59 pmRNSNotification of Major Holdings
7th Mar 202512:41 pmRNSNotification of Major Holdings
4th Mar 20254:51 pmRNSDirector/PDMR Shareholding
28th Feb 20257:00 amRNSSQM earn-in agreement receives NaCC Approval
21st Feb 20252:17 pmRNSEmployee Incentive Scheme Update & Issue of Shares
14th Feb 202512:20 pmRNSNotification of Major Holdings
12th Feb 20257:00 amRNSOrange Trust Funding
6th Feb 20257:00 amRNSMineral Resource Update at Uis
20th Dec 20247:00 amRNSQ3 Operational Update for Period Ended 30 Nov 24
28th Nov 20247:00 amRNSUnaudited Interim Results 6 Months Ended 31/08/24

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.