Rome Resources initiates small-scale tin mining to advance DRC permit toward full-scale project
2026-06-17 11:26:39 [Print]
AIM-listed Rome Resources has commenced a small-scale tin mining programme at its Kalayi project in the Democratic Republic of Congo (DRC), a strategic move designed to satisfy a key regulatory requirement for converting the company's existing small-scale exploration permit into a full mining licence.
Achieving this milestone is expected to support the company's proposal to increase its ownership interest in the PEPM 13274 licence, as previously announced in April. The move is also anticipated to enhance the Kalayi project's appeal to potential strategic and development partners.
A successful permit conversion would facilitate the proposed acquisition of the remaining 27.5% interest in Kalayi Tin, thereby raising Rome Resources' overall ownership in the Kalayi project to approximately 79%.
Early results from the programme are encouraging. The on-site team has reported portable X-ray fluorescence (XRF) readings of up to 17% tin within the exposed mineralised zone.
In addition to meeting regulatory obligations, the mining programme is expected to generate valuable geological, metallurgical, and processing data. This information will support further mineral resource estimates and improve the company's understanding of the Kalayi project's vein system.
Achieving this milestone is expected to support the company's proposal to increase its ownership interest in the PEPM 13274 licence, as previously announced in April. The move is also anticipated to enhance the Kalayi project's appeal to potential strategic and development partners.
A successful permit conversion would facilitate the proposed acquisition of the remaining 27.5% interest in Kalayi Tin, thereby raising Rome Resources' overall ownership in the Kalayi project to approximately 79%.
Early results from the programme are encouraging. The on-site team has reported portable X-ray fluorescence (XRF) readings of up to 17% tin within the exposed mineralised zone.
In addition to meeting regulatory obligations, the mining programme is expected to generate valuable geological, metallurgical, and processing data. This information will support further mineral resource estimates and improve the company's understanding of the Kalayi project's vein system.
Tin Ingot 99.95%min EXW China
Unit:RMB/mt
China tin ingot producers' output statistics by province by month
Unit: mt
