Stellar is a tin exploration and development company. Its flagship project, Heemskirk Tin, is the highest grade undeveloped tin deposit in Australia and has excellent potential for resource expansion.
Located near the historic mining town of Zeehan in northwest Tasmania, Heemskirk benefits from ready access to transport infrastructure, power and water.
Stellar‘s objective is to establish Heemskirk as Australia’s second largest tin producer by 2016.
Money has begun flowing back into Australian resource exploration companies with a significant pick-up in exploration expected by the June quarter, Robin Bromby reported in The Australian this week. Bromby reports Stellar is “out to test sentiment” by offering stock to shareholders at .52c, with the hope of raising $1.2m to fund an optimisation drilling… Read more
The predicted increase in global production of electronic equipment is set to be another coup for the global tin market in 2014. According to US market research company Henderson Ventures, the annualised value of global electronic equipment production for December 2013 was US$2.13 trillion, a marked improvement over the cyclical low in April 2013 of… Read more
An article by Bloomberg has reported that tin exports from Indonesia were at a three-month low during January 2014. Data compiled by Bloomberg showed that exports of ingots and solder fell 66 per cent to 4,613 tonnes, down from 13,562 tonnes in December 2013. This number is well below the market expectation of 7,000 tonnes.… Read more