AfriTin Mining Limited (LON: ATM) has released an operational update stating that it is continuing with the production ramp-up of its pilot mining and processing facility.
- During September 2020, the company has achieved 39 tonnes of tin concentrate, containing 27.5 tonnes of tin metal.
- The company remains on track to achieve nameplate production of 60 tonnes a month of tin concentrate by the end of the year.
- It’s phase 1 ramp-up continued, while work is progressing on the Stage II expansion study for the increased production of the Phase 1 Pilot Plant.
- On 26 October 2020, the stocks of the company surged by 2.33% from its previous closing, hovering at around GBX 2.20 at 08:14 AM GMT+1.