Renison production boost
Metals X’s Renison operation in Tasmania produced 1,439 tonnes of tin-in-concentrate in the March quarter, 61% up on the previous three months. Renison also generated a positive cash flow pf A$1.56 million in the quarter, despite lower tin prices. The mill is...Minsur reports fall in profits
Peruvian tin miner Compania Minera Minsur SA said on Thursday that its first quarter net income fell by 30% to 132.6 million soles ($44 million) from PEN188.6 million in the same quarter a year earlier. Total first quarter sales dropped by 45% to PEN302.5 million from...New Chinese tin smelter starts up
A new tin smelter has opened in China’s Jiangxi province, according to Antaike in Beijing. Nanshan Tin Co. Ltd. commissioned the new plant in Nankang Industrial Zone, Ganzhou, on April 9, sources from Ganzhou government said. The project has a design capacity of...Timah reports higher sales, lower production in Q1
Indonesia’s state-controlled tin producer PT Timah reported an 8% year-on-year increase in refined tin sales in the first quarter of 2009, although production and profitability declined. The positive features of its first quarter results, released today, were...South Crofty project looks to re-locate ore processing
The owners of the South Crofty mine in Cornwall, UK, plan to relocate surface operations as part of their plan to re-open the mine, which has been closed since 1998. The mine is now owned by Western United Mines, a joint venture between Baseresult Holdings and a group...ITRI view on tin supply/demand position
At its six-monthly Board meeting last week, ITRI members considered the short-term outlook for world tin supply and demand. The market is expected to be in surplus by 5,000 – 10,000 tonnes in 2009 as a result of the sharp decline in world consumption caused by...Further Indonesian smelter gets export licence
Indonesia’s trade ministry has granted a further licence to export refined tin, a ministry official told Reuters on Monday, bringing the total number of companies with licences to 25. The export permit was approved for PT Babel Inti Perkasa on April 24, said the...Tinplate price increases hit headlines
Recent annual contract tinplate price rises are raising concerns not only with can makers but also fillers and even supermarket chains. On Friday the Wall Street Journal described customer reactions in the USA and Europe, while the South African press has reported...Tongkah Harbour to acquire Indonesian mine
Thailand’s Tongkah Harbour PCL expects to complete the purchase of a tin mine in Indonesia by the middle of this year as it extends capacity, its managing director Ronald Ng told Reuters. The mine in Kalimantan on Borneo island will also yield gold and zircon...
