Changes to the processing circuit at Hemerdon form the core of the revised development plan.

However, as negative macroeconomic factors – such as inflation – have hit the global economy, demand for tin has weakened.

Despite falling output in recent years, Myanmar remains one of the world’s most important sources of tin, and a key supplier to Chinese smelters.

TinOne Resources acquired the Aberfoyle project in April 2020 and has been particularly active at the site since listing on the Toronto Stock Exchange.

The first results from this new campaign have returned broadly similar results.

Previous drilling at United Downs focused on historic mining areas and returned strong tin mineralisation.

On 14 June, a collection of Chinese smelters announced that they would go offline to complete their annual maintenance.

The government has been debating the existing system in a session today (21 June 2022). Currently, tin producers pay a flat rate of 3% on all tin production to the government.