- Business
- Tamino Minerals, Inc. (TINO) operates as a mineral exploration and development company focused on precious and base metals in Mexico. The company explores for gold, silver, copper, lead, zinc, and lithium deposits across its portfolio of properties, including the El Volcan property in Sonora, a prolific mining region; it conducts activities such as sampling, mapping, geophysics, and drilling to advance exploration targets toward NI 43-101 compliant reports. Tamino Minerals holds interests primarily in Sonora, Mexico, targeting battery metals like lithium alongside traditional precious metals for diverse industrial applications.
Incorporated in 1992 and formerly known as Entertainment Games, Inc., the company changed its name to Tamino Minerals, Inc. in March 2013; it maintains headquarters in Hermosillo, Sonora, Mexico, with additional operational ties in Huntsville, Ontario, Canada. Tamino Minerals generates revenue from exploration-related activities, reporting trailing twelve-month revenue of $2.86 million and a market capitalization of approximately $575,000 as of recent filings.
In recent developments, Tamino Minerals enters a restructuring phase, retaining new consultants and securing non-toxic financing from KRTL Holding Group Inc. to expand land positions and initiate exploration programs; it advances lithium claim acquisitions in Peru and the United States through an agreement with Minera El Mundo SA de CV signed in January 2022, alongside plans for battery metal projects in South America to capitalize on electric vehicle demand. The company pursues additional partnerships for property acquisitions, including an intended deal for Rietveld from Minera El Mundo, while addressing operational delays such as a postponed dividend announcement and legal matters involving Mexican authorities. Tamino Minerals maintains 574.59 million shares outstanding with a stable float of 149.81 million shares unchanged for eight years, positioning it for growth in critical minerals amid global energy transition trends.