17 Aug Tin price gains another $1,000/t as Alphamin looks to steady the ship after tough start
Posted at 13:15h in In the News, Latest News
ALPHAMIN Resources said its earnings prospects were looking up in the third quarter following further improvements in the tin price and the stabilisation of the firm’s Bisie mine in the Democratic Republic of Congo (DRC).
The tin price recently increased to $18,000 per ton which compares to the firm’s average realised price of about $15,359/t in the second quarter. In a second quarter trading update about a month ago, the tin price was quoted at $17,000/t