Timah boosts sales, slashes inventories
Half year results published by Indonesia’s PT Timah over the weekend showed that the state-controlled company boosted its tin sales volume by 15% year-on-year to 24,110 tonnes in January-June, despite a 51% decline in its tin ore production and purchases to only...MSC to sell gold mine stake
Malaysia Smelting Corporation, the world’s fourth largest tin producer, is looking for a buyer for its 22% stake in Australian gold miner Beaconsfield Gold NL, signalling its intention to focus more on its tin business. "MSC has advised Beaconsfield Gold...Indonesia arrests may affect production
Some private smelters in Indonesia are reported to have stopped production this week following a number of arrests made by authorities last week. Sources quoted by Metal Bulletin say that only the major integrated companies, PT Timah and PT Koba, continue to operate...China metal import boom continues
Customs figures released on Monday showed a continuing boom in China’s metal imports, indicating the strength of the country’s bounce-back from global recessionary conditions. July imports of refined tin were 2,114 tonnes, 125% higher than in July 2008....Indonesian tin shipments stable
Latest data released by Indonesia’s trade ministry showed that 8,788 tonnes of tin metal was checked prior to export in July, 1.4% up on the June tonnage of 8,661 tonnes, but 11.2% lower than in July 2008. The cumulative total for January-July is 59,354 tonnes,...China tin production peaks
Preliminary data released on 12 August by China’s National Bureau of Statistics showed very high production of 18,865 tonnes of refined tin in July, up 31% on the same month of 2008. Cumulative production in the year to date is now 5.4% higher than in the first...Pirquitas tin start-up later this year
The start-up of Silver Standard Resources’ Pirquitas silver-tin-zinc mine in Argentina’s Jujuy province was put back by unexpectedly harsh winter weather in the second quarter, leading the company to half its estimate of silver production in 2009. However...Indonesia issues one export licence, revokes another
Indonesia’s trade ministry has awarded an export licence to CV Justindo and revoked a permit held by an inactive shipper, Alberth Yusuf Tubogu, export director of mining products at the ministry told Bloomberg. The government on July 30 issued the permit to the...Metals X re-thinking Rentails project
In a quarterly results statement, Australia’s Metals X announced the results of a feasibility study into the treatment of old tailings from the Renison mine in Tasmania and said that it would be looking at “alternative scales and development...
