Smelters and manufacturers that use coltan, tin and tungsten in cars, mobile devices and other electronics can’t be sure the minerals have been extracted without using children or forced labor, according to a new report. And the industry mechanism meant to guarantee responsible supply chains, the International Tin Supply Chain Initiative, has ignored or […]
Auxico Resources Canada Inc.
(CSE: AUAG) is pleased to announce that it has become a member of the Tantalum-Niobium International Study Center (TIC). TIC is an international, non-profit association that was established in 1973 to support, develop and promote the global tantalum and niobium industries.
Last year, Auxico signed a joint venture for the concentration and export of tantalum and niobium ores from the Democratic Republic of the Congo, as well as an agreement to purchase mineral rights of a tantalum property in Colombia. The Company is preparing the first trade of tantalum ore with its Congolese partner. Auxico recently signed an MOU for the exploitation and trading of high-grade tantalum and iridium ore in Bolivia. The Company also signed a letter of intent for the purpose of entering into a joint venture for the exploitation and trading of high-grade tantalum and iridium ore from Ivory Coast.