MSC profits increase

Malaysia Smelting Corporation has reported a big jump in profits in 2007, helped by a very strong fourth quarter performance. Group pre-tax profit increased by 87 % to M$ 121.0 million (US$37.6 million at current exchange rates) in 2007, despite disruptions in the...

Yunnan Tin retains top spot

China’s Yunnan Tin Company (YTC) was the world’s largest tin producer for a second year in 2007 and also reported much improved financial results. YTC produced 61,129 tonnes of refined tin, up by 17% and just ahead of a provisionally reported 58,000 tonnes...

Indonesia: more companies to ship less tin

Although two further tin export licences have been issued by Indonesia’s Ministry of Trade recently, officials expect the volume of exports to fall this year. A trade ministry official told Reuters yesterday that it had issued a 17th licence. Hartojo Agus...

ITRI report calls for increased investment in tin mining

A new detailed study by ITRI, “Tin to 2012”, identifies the need for accelerated investment in new mine projects to meet future global requirements. The report, released this week, is the first Tin Annual Review from the 75-year old organisation’s recently established...

Van Dieman Mines start-up next month

Van Dieman Mines has confirmed that its Scotia tin-sapphire mine project in Tasmania will be in production by the end of March 2008. The project, which will produce some 700 tpy of tin-in-concentrates, had been delayed mainly due to permitting issues. A second...

Brazilian tin production revives

Brazil’s mine production of tin-in-concentrates rose by 28% to 11,835 tonnes last year, according to the tin industry association SNIEE. Growth was due to the expansion of Paranapanema’s hard rock operations at the Pitinga mine and a big increase in small...

Indonesian tin exports rise (probably)

The volume of refined tin checked for export from Indonesia in January was 9,914 tonnes, a trade ministry official told Reuters today. The figure is based on reports from two surveying companies which inspect tin prior to export as part of the new export licensing...

Bolivia to announce Vinto investment

Bolivia’s President Evo Morales is expected to announce the signing of an agreement to install a new furnace at the Vinto metallurgical complex in Oruro later this week. "It will take nearly 18 months to install the new equipment, which calls for a...

Renison re-start confirmed for mid-year

Metals X has confirmed that commissioning of the Renison mill in Tasmania will begin in June, following the commencement of mining at the Mt Bischoff open pit this month and the Renison underground mine in April. The combined Renison operation, run by its subsidiary...

China freeze hits tin production

With China’s southern provinces suffering the worst weather conditions in 30 years in January, many mines and smelters are reported to have shut down, particularly in Hunan and Jiangxi. The two provinces accounted for over 20% of China’s tin production...

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