Rains hamper Indonesian production
Tin production in Indonesia, the world’s largest exporter, may fall 20% short of a government target of 105,000 tonnes as unseasonally long rains hamper mining. "Rains could cause a 20 percent fall in tin output for this year from our initial target,"...Pirquitas performance improves, but tin start-up still delayed
Silver Standard Resources reported increased output and falling operating costs at its Pirquitas silver-tin-zinc project in Argentina, but has further downgraded its estimate of tin-in-concentrate production in 2010 to some 270 tonnes. The operation has a theoretical...Big rise in Minsur’s first half sales, profits
Peruvian tin producer Minsur’s net sales in the first half of 2010 rose to 1.18 billion soles (US$420 million), up 91.9% from the same period in 2009, thanks to the greater volume of metal sold and higher tin prices, according to official filings to securities...Renison reports improved margins
Metals X reported an improved operating margin of some A$8,000/tonne of tin-in-concentrate at its Renison Tin 50:50 joint venture with Yunnan Tin Group in the June quarter. Cash operating costs at the Tasmanian operation were reported at A$12,518/tonne, and with tin...Analysts see rising tin prices
Reuters yesterday published the results of its latest survey of analysts’ price forecasts for the LME metals in 2010 and 2011. Over 50 companies participated in the poll, of which 26 provided tin price projections for this year and 23 for 2011. The averages of...Indonesian exports fall again
Indonesian exports of refined tin are likely to have fallen again in June, according to preliminary data released by the trade ministry. It reported that 8,030 tonnes of tin was checked by surveying companies prior to export, 7.3% lower than in June 2009. The...NQM looks for copper/tin project partners
While fighting off a hostile takeover bid, North Queensland Metals Ltd says it is looking for partners to help it develop the Baal Gammon copper-tin project. NQM also operates the Pajingo gold mine in the Australian state with joint-venture partner Heemskirk...Mixed news on Bolivian tin projects
The Bolivian government has approved 73.6mn bolivianos (US$10.2mn) to finance infrastructure works and equipment for the construction of state-owned tin producer Vinto’s Ausmelt furnace, a company executive told Business News Americas "The money guarantees...Timah confident on sales
Indonesia’s PT Timah was confident its sales reached 25,000 tonnes of tin in the first half of this year, or 50% of its whole year’s target. Tin sales earned an estimated US$400 million in the six month period, corporate secretary Abrun Abubakar told the...
