Cornish Tin Mines

whitelackington

New member
At the moment,
I would rather invest my money in something tangable
IE minerals than a 1/50 repackaged slice of some dodgy American mortgage.  ::)
 

whitelackington

New member
Maybe The Chinese might like to restart the Cornish metal industry?
They are starting a copper mine in Afghanistan.
So they can't be risk adverse.
 

gus horsley

New member
There's a big surge of optimism going on down here regarding the reopening of South Crofty.  WUM is a reformed version of Baseresult, presumably floated to gain a bit of extra revenue and impetus to continue the legal wrangle with the RDA.  The problem is that the high price of tin will prompt reopenings of mines elsewhere in the world which will be more profitable than S Crofty and the tin price will crash again in about 10 years time.
 

rhychydwr1

Active member
whitelackington said:
Maybe The Chinese might like to restart the Cornish metal industry?
They are starting a copper mine in Afghanistan.
So they can't be risk adverse.

Google

afghanistan chinese copper

Looks interesting
 

whitelackington

New member
whitelackington said:
Maybe The Chinese might like to restart the Cornish metal industry?
They are starting a copper mine in Afghanistan.
So they can't be risk adverse.

When The Chinese send electrical goods to Europe,
do they have to abide by our "No lead in their solder directive"  :-\
 

Hatstand

New member
gus horsley said:
The problem is that the high price of tin will prompt reopenings of mines elsewhere in the world which will be more profitable than S Crofty and the tin price will crash again in about 10 years time.

Isn't that the danger of ANY business venture? That others will see your idea is a good one and the price will fall etc etc???
 

gus horsley

New member
Hatstand said:
gus horsley said:
The problem is that the high price of tin will prompt reopenings of mines elsewhere in the world which will be more profitable than S Crofty and the tin price will crash again in about 10 years time.

Isn't that the danger of ANY business venture? That others will see your idea is a good one and the price will fall etc etc???

Indeed, but the point is that the price could crash before the mine comes into production. 
 

Bob Smith

Member
IIRC it was the chinese that really pushed for lead free compliance, it meant they could exploit reserves of tin previously not economically viable.
 

nickwilliams

Well-known member
Well, I'm not saying you're wrong, Bob, but I've been tracking the introduction of the RoHS Directive (as this legislation is more formally known) since the mid 1990's, and that's the first time I've heard this story about it.

Nick.
 

whitelackington

New member
whitelackington said:
There is such terrific demand for natural resources that Cornish tin Mines may start to re-open

http://news.bbc.co.uk/1/hi/england/cornwall/7074562.stm

Just heard,
just that,
on Radio 4,
There is such terrific World demand that South Crofty WILL re-open for full on production in two years time,
already several people working underground clearing collapses etc.
They claimed they had enough tin for a hundred years!
 

Bob Smith

Member
A bit sketchy I know, but when I was first looking at RoHS directive compliance for our company I read an article in an economics magazine suggesting the chinese would benefit from RoHS, looks like they will. I had a interest in this because of my connection with cornish mining. But your right Nick, there doesn't seem to be any direct reference to this.
 

gus horsley

New member
whitelackington said:
whitelackington said:
There is such terrific demand for natural resources that Cornish tin Mines may start to re-open

http://news.bbc.co.uk/1/hi/england/cornwall/7074562.stm

Just heard,
just that,
on Radio 4,
There is such terrific World demand that South Crofty WILL re-open for full on production in two years time,
already several people working underground clearing collapses etc.
They claimed they had enough tin for a hundred years!

I think the best approach to this news would be one of cautious optimism.  I was involved in the heady days of the 1970s tin mining "boom" in Cornwall.  By 1985 it was all over.  I can't help but think that history will repeat itself, as it already has several times in the 20th century.  Good luck to them though.
 
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