Indonesian tin exports decline
Latest provisional figures from Indonesia’s Trade Ministry show a continuing fall in tin shipments in the final months of 2007. December “shipments” were 3,330 tonnes, Hartojo Agus Tjahjono, export director for mining products, told Bloomberg in an...Bolivian mining institutes backed by China
China’s government is helping the Bolivian government create a research institute in Oruro and a mining school, both of which are just starting up, an official from Bolivia’s mining ministry told BNamericas. "The organizations will be directed by the...China introduces 10% tin export tax
China has announced a series of changes in duties on non-ferrous metals and steel, including the introduction of a 10% export duty on refined tin. The new duties were published on the finance ministry’s website in the last week of December and are effective from...MSC in new Indonesian mining venture
Malaysia Smelting Corporation has announced an agreement between its 60% owned local subsidiary PT Tenaga Anugerah (PT TA) and PT Sarana Marindo (PT SM) which will allow it to start offshore tin production in Indonesia in the first quarter of 2008. PT TA owns two...US stockpile sale announced
The US Defense National Stockpile Center announced on 21 December that it had awarded approximately 4,000 tonnes of refined tin to two companies following its recent solicitation of bids for long term sales contracts. The tin is to be drawn down from the government...Paranapanema IPO delayed
Brazil’s Paranapanema group has asked the country’s financial regulator CVM for additional time to carry out a public offering of shares. According to Business News Americas, the group’s original notification to the regulator had specified that the...More on Timah capex plans
In recent days PT Timah executives have given further details of the Indonesian state-controlled tin company’s capital expenditure plans for 2008. Total capex next year is expected to rise to Rp.800 billion (US$86 million), from Rp.300 billion in 2007. Around Rp...Yunnan Tin reports record production and sales
Yunnan Tin Company’s sales had exceeded 12 billion yuan (US$1.6 billion at current exchange rates) by December 10 and the company plans to expand its annual revenue to 18 billion yuan by 2009, according to Antaike in Beijing. YTC’s tin production has grown...More tin juniors launch on ASX
Two new companies with tin projects – Bellevue Resources and Noah Resources – made their debut on the Australian Stock Exchange today. Following the launch of Macquarie Harbour Mining last week, there are now some 30 juniors with varying degrees of tin...
