No slowdown in Indonesian shipments yet
Trade ministry data released today indicates that tin exports out of Indonesia remained quite high in August, before the latest police clampdown took full effect. The volume of tin checked for export by surveyors amounted to 8,444 tonnes last month, 2.6% higher than...More Indonesia arrests
Indonesian police said on Tuesday they have arrested nine tin ore collectors in a fresh crackdown on illegal mining in the main tin-producing islands, which may force smelters to remain shut for longer. Pipit Rismanto, head of the special crime unit in the...Korea stockpile authority to maintain purchase volumes through 2010
Base metal stockpile purchases by South Korea in 2010 will be similar to this year’s total, the state-run Public Procurement Service said on Wednesday. In 2009, the agency plans to buy 199,800 tonnes of base metals worth 584 billion won ($482 million), and has...Traxys in line to market Hemerdon concentrates
Belgian-based trader Traxys Europe has signed a memorandum of understanding with Wolf Minerals to market tin and wolframite concentrates produced from the latter company’s Hemerdon Ball mine project in Devon, England. The deal coincides with a A$4 million...PT Timah investment to focus on new dredges in 2010
Having slashed capital spending to Rp 325 billion this year, Indonesia’s PT Timah will spend Rp 450 billion (US$45 million) next year on new dredges alone. Much of this year’s capex is related to the construction of a new tin chemicals plant in Java....Yunnan strengthens SE Asia links
An international mining industry trade centre was established late last week in Kunming, capital city of southwest China’s Yunnan province, the Xinhua news agency reported. Zhang Yaowu, head of the provincial land resources administration, said the move would...MSC continues divestments
Malaysia Smelting Corporation said it will sell its 30% stake in the Rapu Rapu poly-metallic project in Philippines which it bought in April last year. This is another non-tin asset that MSC is planning to sell apart from the recent proposed divestment of a 22% stake...Indonesian private smelters extend shut-downs
The action by police that began two weeks ago against companies alleged to be involved with illegal mining continues to restrict activity in Indonesia, Metal Bulletin reports. Johan Murod, a director at Bangka Belitung Timah Sejahtera (BBTS), told MB that smelters...Huanuni production rising
Bolivian state tin miner Empresa Minera Huanuni (EMH) is on pace to produce a record of over 9,000 tonnes this year, reports Business News Americas. Mining and metallurgy minister Luis Alberto Echazú made the forecast to state news agency ABI. Huanuni’s...
