Dip in Peru production
Mine production of tin-in-concentrates in Peru was 2,909 tonnes in May, down 5% compared to the same month of last year, according data released by the country’s Ministry of Mines and Energy at the start of this week. Taking the latest official figures, ITRI...Jump in premiums in Korea tender
South Korea’s Public Procurement Service paid a greatly increased premium of $930/tonne cif Incheon over the LME price for 200 tonnes of 99.9% high grade tin this week. The metal will be supplied by Daewoo International and is for delivery by September 15. Its...Heemskirk project revived
First steps to develop the Heemskirk tin project in Tasmania have been announced by Stellar Resources. Stellar was forced to abandon an IPO of its subsidiary Columbus Metals in the global financial crisis of September 2009 which would have provided financing for...China exporters hit by policy changes
Exports of products containing tin from China will be subject to a range of new factors from the second half of this year. The scrapping of export rebates on tin semis will not have much market impact, but currency appreciation and rapidly rising labour costs could...Yunnan Tin to expand mine production
Yunnan Tin Group, the world’s largest tin producer, aims to at least double tin ore throughput from its Laochang ore field to 3,000 tonnes per day over the next nine years, Reuters reported. The company is planning a three-stage process for the expansion of...Korean agency books tin delivery
South Korea’s Public Procurement Agency has bought 200 tonnes of refined tin from local trading company Hanwha via a tender closed on Wednesday, while passing on another tender to buy 200 tonnes, Reuters reported. The PPA bought standard grade 99.85% tin at a...Consolidated Tin increases production estimates, looks for Chinese partners
Consolidated Tin Mines announced the results of new metallurgical test work relating to its Mt Garnet project in Queensland, Australia which suggest that it can recover more tin into concentrates than previously estimated. New studies suggest tin recoveries of 68% in...Vinto production increase confirmed
Bolivian state tin producer Empresa Metalurgica Vinto (EMV) has increased its 2010 production goal to 13,000 tonnes, a spokesperson from the country’s mining and metallurgy ministry (MMM) told BNamericas. "The new projection is based on the incorporation of...Indonesian smelter closes
One of the larger independent tin smelters in Bangka island, Indonesia’s main source of tin, has shut down because of financial difficulties, an industry official told Reuters. PT Donna Kembara Jaya, which closed down last week, exported 5,176 tonnes of refined...
