Peru metals output at record levels
Peru’s mining and energy ministry said on Thursday that the country’s production of copper, zinc, silver and gold reached new record levels in 2008, despite the fall in metals prices in the final quarter of the year. Tin output also increased marginally...Venture announces major new tin resource
ASX-listed Venture Minerals Limited yesterday announced maiden tin and tungsten resources estimates for the Mount Lindsay magnetite-tin project in north-west Tasmania. The inferred tin resource of 23 million tonnes @ 0.2% tin for 49,000 tonnes of contained tin at...Indonesia stops tin shipment
The Indonesian Customs and Excise Office, in cooperation with the Trade Ministry, is investigating an attempt to export tin ingots illegally worth up to Rp500 billion (US$44.5 million), Director General of Customs and Excise Anwar Suprijadi told the Antara news agency...China production slumps in December
Provisional data published by the National Bureau of Statistics today showed that China’s refined tin production fell by 27.6% year-on-year to 8,853 tonnes in December 2008. Production in the full year is reported to have declined by 11.1% to 129,544 tonnes from...Indonesia looks for higher prices, improved payment terms
Indonesian government officials have spoken about new measures aimed at supporting tin prices and tightening payment terms for all metals and minerals. Director for industrial and mining product export affairs of the Directorate General of External Trade Hartojo Agus...South Korean tin purchases
South Korea’s state-run Public Procurement Service has bought 200 tonnes of refined tin from local trading companies, it said on Thursday. Daewoo International and Hanwha are to supply 100 tonnes each at premiums of $277 – 373/tonne over the LME price...Indonesian exports low again in December
Indonesia shipped less than 4,000 tonnes of tin in December, according to preliminary estimates from the Trade Ministry. Data released today shows that 3,805.5 tonnes of metal was checked for export last month by surveying companies under the ministry’s export...Vinto to reactivate two furnaces
Bolvia’s Vinto smelter is reactivating two furnaces in an effort to boost monthly refined tin production to 1,000 tpm. General Manager Franciso Infantes told BNamericas that initially a large rotary furnace has been reactivated, calling for a US$500,000...Indonesian smelters delay re-starts
Low prices and bad monsoon weather are delaying the re-start of operations at most independent smelters on Indonesia’s tin islands. Most of the major operations were shut down in October and exports by companies other than the large integrated producers, PT...
