Timah report improved financials for 2016
The Indonesian state tin company, PT Timah, reported a 148% increase in profits to Rp 251.97 billion (~US$18.9 million) in 2016, despite a fall in mine and refined tin production to 24,121 and 23,756 tonnes respectively, according to an official press release by the...Tin International signs binding JV agreement
Tin International AG, 61.5% owned by Deutsche Rohstoff AG, has announced that it has signed a binding Memorandum of Understanding with Lithium Australia NL to establish a Joint Venture Company (JV). Tin International’s Sadisdorf tin deposit in the Erzgebirge...Myanmar peace process meeting delayed
The second meeting of Aung San Suu Kyi’s 21st Century Panglong peace process, which was originally scheduled for mid-February, appears to have been postponed and is not expected to be held until mid-March at the earliest. The peace process has been closely...PT Timah renews commitment to tin industry body ITRI
Indonesian tin producer PT Timah has renewed its commitment to the global tin industry association ITRI as a key step forward in its mission to be a leading mining company in a world increasingly driven by sustainability issues. Representing the world’s major...China tin trade subdued in January
Latest official customs statistics released by China last week showed that the country’s tin ore and concentrate imports from Myanmar fell by 57% year-on-year to 31,359 tonnes (gross weight) in January, predominantly due an earlier Chinese Spring Festival...Huanuni problems continue in 2016
Bolivia’s state-owned Huanuni tin mine made a loss of US$6.7 Million last year, according to local news sources, as government statistics show that underinvestment and widespread drought resulted in a 25% year-on-year fall in tin-in-concentrate production in...Positive PEA for South Crofty
Strongbow Exploration has reported results of an independent, NI 43-101 compliant, Preliminary Economic Assessment (PEA) for its 100%-owned South Crofty tin project in Cornwall, UK, which indicates the project is potentially economically viable and technically...Minsur’s Peruvian production down in 2016
Individual Q4 results for Minsur’s Peruvian operations, released today, reveal refined tin production totalled 19,573 tonnes in 2016, down 3.2% from 2015. Despite a 20% year-on-year fall in refined production to 5,023 tonnes in Q4, 2016 production guidance of...YTC announce Dulong expansion
The Yunnan Tin Company has approved a Yuan 2.6 billion (US$375 million) investment plan to expand production from the Wenshan Dulong zinc-indium-tin-copper mine by some 70%, it was reported in a statement filed with the Shenzhen Stock Exchange on January 11. The...
