SHFE 1709 Tin Experiences Roller Coaster Ride (2017-6-23)

[SMM Resumen de la reunión matutina sobre el estaño: El contrato de estaño más negociado en la SHFE, SN2611, cayó un 3,52% durante la noche, rompiendo por debajo de los 380.000 yuanes, mientras que el estaño en la LME bajó un 2,71% hasta los 51.767 dólares, presionado tanto por el sentimiento macroeconómico como por el del sector de la IA]

Caspin Resources (ASX: CPN) informó de un aumento del 45 % en la estimación de recursos minerales del yacimiento de estaño Kelpie, en su proyecto Bygoo Tin, de su total propiedad en Nueva Gales del Sur, que ahora asciende a 6,5 millones de toneladas con una ley del 0,43 % de estaño, equivalentes a 28.000 toneladas de estaño contenido. El recurso está totalmente delimitado dentro de un tajo abierto optimizado, incluye un componente indicado inicial que representa el 25 % del total y se sustenta en parámetros refinados de minería y procesamiento. Esta actualización marca un hito clave en el avance de Bygoo como un posible desarrollo independiente de estaño a cielo abierto de alta ley, respaldado por los sólidos precios del estaño y una mayor confianza en el modelo geológico. Caspin ve un potencial alcista sustancial a partir de un amplio sector sin perforar cerca de la superficie, extensiones en profundidad y nuevos objetivos, con perforaciones en curso destinadas a aumentar significativamente la base de recursos y fortalecer la economía del proyecto.

Cornish Metals (AIM:TIN) has opened a new workshop and stores facility to provide permanent maintenance, engineering and storage services for the South Crofty tin project in the UK, supporting the project through development and into production. The building stands on the site of the former Bartles Foundry within South Crofty's surface footprint, is covered with solar panels and will use geothermal energy recovered from mine water pumped from South Crofty, providing a lower-carbon energy source. The project was part-funded by a grant of up to 4.2 million GBP (about 7.98 million USD) from the UK Government through the UK Shared Prosperity Fund, managed by Cornwall Council; total project cost was approximately 6.8 million GBP (about 12.92 million USD). CEO Don Turvey said installation of the service winder and completion of the production winder building mark a visible shift from preparation to construction at the New Cook's Kitchen (NCK) shaft, with underground dewatering passing 400m below surface and progressing steadily. A two-hole, 2,330m surface drilling programme at Roskear has been completed; both holes intersected the known Roskear lodes at or close to predicted positions, confirming tin mineralisation continues west beyond the current resource and supporting potential resource growth. High-grade tungsten was also discovered, but tin remains the company's focus. South Crofty is a historical underground tin mine considered among the highest-grade tin resources globally, with potential to become a new low-cost global producer. Tin mining in Cornwall's Central Mining District dates back to 2,300 BC, with large-scale production from the mid-1600s until South Crofty, the last active mine, closed in 1998.