Yunnan Tin reports much improved Q1 results
China’s Yunnan Tin Company, the world’s largest producer reported a 164% year on year increase in net profit to RMB 71.7 million yuan. (US$10.5 million), while sales grew 43% to RMB 2.04 billion. In the January to March period, it produced 17,134 tonnes of...Minsur to open gold mine
Peru’s Minsur, which operates the world’s largest tin mine, will diversify into gold production by the final quarter of 2010. Minsur said in a filing to the local securities regulator that the Pucamarca mine, located in the southern region of Tacna, will...PT Timah aims high for 2010 mine production
Indonesia’s state-controlled tin company PT Timah plans to increase its mine output by some 20 – 30% in 2010, a company spokesmen told the Antara news agency on Wednesday. "In 2010 we expect our tin ore production to reach 45,000 to 50,000...Korean procurement agency has mixed tender results
South Korea’s Public Procurement Service (PPS) booked 200 tonnes of standard grade tin but was unable to secure the same quantity of high grade 99.9% metal for delivery at the same time at an acceptable premium, the agency announced on its website. The PPS...PT Timah plans bond issue
Indonesia’s PT Timah planned to issue up to IDR1 trillion ($111 million) of bonds later this year to help finance its business expansion. Timah Finance Director Krishna Syarif told Dow Jones Newswires that the state-owned company will likely issue the planned...China’s tin production rises in March
Preliminary data from the National Bureau of Statistics shows that March output of refined tin in China rose by 14.3% year-on-year to 12,121 tonnes. Cumulative production in the first quarter of 2010 was 32,596 tonnes, up 53.1% compared to the same period of 2009,...Traxys takes stake in Moroccan tin project
The Traxys trading group is investing A$1.0 million in ASX-listed Kasbah Resources, which is developing the Achmmach tin project in Morocco. Traxys Projects LLP will take 13.3 million ordinary shares at A$0.075 per share, mirroring deals announced last month to raise...Indonesian exports fall in March
Indonesian trade ministry data released today shows that the tonnage of tin checked prior to export in March was 6,576 tonnes, 6% lower than in February and 41% down on the same month of 2009, during which an exceptionally large volume of 11,086 tonnes was passed for...Vinto plans zinc smelter
In an extended interview published by BNAmericas, the General Manager of Bolivia’s Vinto smelter, Ramiro Villavicencio, revealed plans to expand tin production capacity to 22,000 tpy and build a new 30,000 tpy capacity zinc smelter, to make use of existing...
