Huanuni strike over
The two week strike at the state-owned Huanuni mine in Bolivia ended on Thursday. Last week two Huanuni miners were killed when police broke up a roadblock supporting the action. “This morning we had a meeting … and workers decided to start again on...Olympics cut China’s metals production
China’s production of all LME metals fell year-on-year in July, reports Bloomberg, reflecting low seasonal demand and power restrictions. Year on year declines ranged from 0.3% for copper to 34% for tin. Some Chinese aluminum, lead and zinc producers agreed in...Paranapanema completes restructuring, appoints new CEO
Brazil’s diversified Paranapanema group announced yesterday that its re-capitalisation progamme will be completed by the end of August. It has also appointed Luiz Antonio de Souza Queiroz Ferraz Jr as CEO, replacing Geraldo Haenel, who is leaving the company. Mr...Indonesian exports jump in July
Tin exports from Indonesia rose 81% in July from the previous month, provisional trade ministry data released on 6 August showed. Indonesia shipped 9,883 tonnes of refined tin valued at $220.62 million last month, compared with exports of 5,461 tonnes worth $116.8...Guangxi non-ferrous metals producers merge
Six state-owned non-ferrous metals companies in Guangxi, including Liuzhou China Tin, were formally merged into Guangxi Nonferrous Metals Group at the end of July. "Guangxi Nonferrous will specialize in the development of non-bauxite mineral resources, including...US stockpile sales halted
The US Defense National Stockpile Center has suspended the sale of six metals, including tin, and reduced the availability of seven others in response to plans to reconfigure its metals stockpiles, according to American Metal Market/MB. The DNSC said on 6 August that...Two killed in Huanuni protests
Two striking miners from the Huanuni mine in Bolivia were killed on 5 August when police intervened to break up a road block on the highway between Oruro and La Paz. Police had arrived at the scene around 12:00am with the aim of persuading the miners to lift a...Renison mine officially re-opened
The Metals X 8,500 tpy capacity Renison mine in Tasmania was officially re-opened on Friday. According to the Hobart Mercury, the first tin concentrates to be produced in Tasmania in three years will be shipped from the local port of Burnie to Thailand and...Analysts forecast stable or falling tin prices
A survey of 26 analysts at banks and other organisation published by Reuters on 22 July produced a “consensus” average view that the annual average LME cash price would decline from US $20,658/tonne in 2008 to $18,468/tonne next year. The forecast compares...
