Source:  ITRI Ltd

Gippsland expands plans for Abu Dabbab project    : 08 Jun 2011    

Gippsland Limited has revised its studies for the Abu Dabbab tantalum-tin project in Egypt to a larger scale. It is now expects to mine 3 million tonnes of ore annually, 50% more than the earlier planned. Some 2,300 tpy of tin metal from an associated integrated smelter and 927,000 pounds of tantalum oxide (Ta2O5) as slag are expected to be produced within a mine lifespan of 13.8 years.

Owing to the increased prices for both tantalite and tin, the 3 Mtpa pit is expected to be 95 metres deeper than the older 2 Mtpa pit, and to be 330 metres from the highest point on the pit rim to the final pit base. Based on the revised pit design, proven and probable reserves are now stated at 41.4 Mt grading 0.0244% Ta2O5 and 0.113% Sn. Estimated life-of-mine tin production is some 32,200 tonnes.

Gippsland has also been carrying out trial alluvial mining of tin at Abu Dabbab since March.

MSC and Traxys may partner on DR Congo project    : 06 Jun 2011    

It was reported recently that Traxys may JV with Malaysia Smelting Corporation Berhad (MSC) to develop tin mining in DR Congo (DRC). Traxys is a Luxembourg-based global trading group. According to CY Chua (COO of MSC), they have been talking to a lot of parties on possible partnership and Traxys is one of them.

Last month, MSC and DRC’s Mines Minister Martin Kabwelulu announced that they were discussing a JV in which the former would take over Sakima, DRC’s mining company in Maniema, North Kivu and South Kivu provinces. The initial focus is expected to be on Maniema.

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