Tin mining is to make a triumphant return to Cornwall as part of a landmark scheme which will create 1,000 new jobs and see vast swathes of land turned over to housing and employment. Western United Mines has sealed a deal that will bring mining operations back to life.
Thailand’s second-biggest gold miner, Tongkah Harbour PCL , announced that it expects to complete the purchase of a tin mine in Indonesia by the middle of this year as it extends capacity.
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Reports reveal that the halfway point of the UK’s most challenging mine engine house restoration project for twenty-five years has been touched.
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The metals markets got a surge of heat with world leaders committing $1.1 trillion to combat global recession. Tin was up at $10,950 a tonne, its highest since March 11, from $10,450.
Monday, October 26, 2009