Tin deposits in the mining hub of Bangka-Belitung have been heavily exploited on land, leaving parts of the islands off the southeast coast of Sumatra island resembling a lunar landscape.
Verisk Maplecroft believes that funds and international creditors have an opportunity to drive conservation improvements by tying finance to ESG milestones.
The third-largest producer of refined tin issued a notice of force majeure after the Malaysian government did not grant the company’s appeal for status as an essential service during the country’s new covid-19 lockdown.
Updated estimate for the South Crofty project in Cornwall, England, shows a 10% increase in indicated resources and an almost 130% gain in inferred tin resources.