Novosibirsk results improve
Russia’s Novosibirsk Tin Works (NOK) reported that its operating profit increased to 36.1 million roubles (US$1.5 million) in the first quarter of 2008, up by 18% from the same period last year. In a statement reported by Interfax, the company said its operating...China’s production, exports fall again in May
Preliminary official production and trade figures released today show a continuing decline in Chinese refined tin production and negligible exports for the fourth month in a row. National Bureau of Statistics data reported by Reuters shows May refined tin production...Bolivian government backs Huanuni expansion
Bolivia’s government has guaranteed a US$84 million investment to upgrade the country’s largest tin mine, state news agency ABI reported yesterday. Management of Empresa Minera Huanuni, part of the state mining company Comibol, are required to present...Government to set limit on Indonesian production
Several news agencies have reported that the Indonesian government is close to setting a maximum limit of 100,000 tonnes on annual tin production. The planned restriction on tin ingot production will be stipulated in a decree of the Energy and Mineral Resources...Vietnam increases export duties
The Vietnamese Ministry of Finance on June 6 issued a decision to raise tariffs on coal and mineral ores exports to 20%, aiming to cut outbound shipments of fossil fuels and materials in order to meet the increasing domestic demand, the Lao Dong newspaper reported....Bolivia’s export and tax revenues jump in 2008
Bolivia’s mining export revenue is expected to reach US$1.8-2.0 billion in 2008, the country’s vice president Álvaro García Linera said. Meanwhile increased taxes and royalties will bring the state about $230 million a year, reported Business...Tin project updates
Several companies have recently released statements about the progress of mine projects that should add to tin production in coming years, including two large multi-metal projects in Egypt and Argentina. Meanwhile a host of Australian juniors continue to report on a...Another slow month for Indonesian tin shipments
Ministry of Trade figures released today show that the volume of tin checked for export from Indonesia in May was 7,150 tonnes, according to Bloomberg. The May ready for export figure, valued at US$160.8 million, is 9% lower than the corresponding April volume of...Peru’s tin production dips in April
Official figures released by the Energy and Mines Ministry at the start of the week showed that Peru’s mine production of tin fell slightly in April, in contrast to growth in production of most other base metals. April production of tin-in-concentrate was 3,164...
