Tin Jumps After Alphamin Evacuates Congo Mine as Rebels Advance

Radio France Internationale

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Extraction suspended in the Bisié mine in the east of the DRC. The American company Alphamin, which exploits these two tin deposits considered to be the 3rd largest in the world, justifies this arrest by the advance of armed groups on Thursday. Reason for security, "these groups" were heading towards the mine according to the company.

Bloomberg

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Tin Jumps After Alphamin Evacuates Congo Mine as Rebels Advance

Tin rallied almost 5% after Alphamin Resources Corp. said it’s evacuating a mine in the Democratic Republic of the Congo due to the advance of insurgent militant groups.

JeuneAfrique.com

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The ongoing conflict in the region has forced the Alphamin mining group to stop "temporarily" its operations in Bisie. Direct consequence: the price of ore has risen by almost 10% in the London commodity market.

Afric Info

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Tin Extends LME’s Largest Rally as Congo Halt Worsens Scarcity - Bloomberg - Afric Info

Source link : https://afric.news/2025/03/14/tin-extends-lmes-biggest-rally-as-congo-halt-worsens-shortage-bloomberg/ Creator : Charlotte Adams Put up date : 2025-03-14 18:44:00 Copyright for syndicated content material belongs to the related Source.

De Tijd

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18:57 Mining company Alphamin Resources has temporarily suspended operations at its Bisie tin mine in eastern Congo due to advancing M23 rebels. The Bisie mine accounted for 6 percent of the country's tin...

thesudantimes.com

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Macau Business

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DR Congo conflict forces halt at world's 3rd biggest tin mine

The escalating conflict in eastern Democratic Republic of Congo (DRC) has forced the closure of one of the world’s largest tin mines, its operator announced Friday. Alphamin Resources, the US-owned company operating the Bisie tin mine in North Kivu Province, cited advancing insurgent militant groups as the reason for the shutdown. The company stated that the safety of its employees could no longer be assured, leading to a temporary suspension of…