Confusion on Indonesian export volumes
Major news agencies have reported radically different figures for Indonesian tin exports in August. According to Bloomberg today exports last month were 11,500 tonnes. Yesterday Reuters reported that exports had jumped to 17,811 tonnes, although an update later in the...Four Indonesian smelters combine on ore sourcing
Four of Indonesia’s largest independent tin smelters have formed a consortium to combine their mining and ore sourcing interests. The consortium members are PT Bangka Putra Karya, CV DS Jaya Abadi, CV Donna Kembara and PT Duta Putra Bangka. "The consortium...SoG tantalum and tin assets sold to Talison
The administrators of Sons of Gwalia Limited have announced that the bankrupt group’s Advanced Minerals Business has been sold to a consortium of four investment funds led by Resource Capital Fund IV LP. The A$205 million deal was completed on Monday. The new...Controls on illegal mining at Huanuni tightened
The Bolivian government has sent a further 250 troops to prevent “mineral theft” around Comibol’s Huanuni mine, boosting the contingent to 400. Currently some 500 ex-cooperative workers are believed to be operating on the fringes of the operation on...Timah to cool growth in output, sales
Following 50 – 60% increases in refined tin production and sales in the first half of this year, Indonesia’s state-controlled producer PT Timah will cut output in the second half. Refined tin production in January-June 2007 rose by 54% year-on-year to...Chinese tin prices soar
A shortage of tin concentrates and strong demand is resulting in a surge in Chinese tin prices to levels well above LME prices. Latest spot prices in the Shanghai area quoted by the Antaike research company were RMB 149,000 – 152,000/tonne (US$19,700 –...Mixed fortunes for Brazilian tin producers
Brazilian tin production has increased sharply in the first half of this year, but tin companies there are still facing challenging issues. After falling below 10,000 tonnes for the first time since the early 1980s in 2006, Brazil’s mine production of...Van Dieman to start first mine around year end
Van Dieman Mines plc, the London AIM market listed company with a number of tin projects in Tasmania, has announced updates on its plans in the last week. The company’s 700 tpy capacity Scotia operation will commence production “around the turn of the...Vinto tender awards due shortly
Results of a tender for the sale of 800 tonnes of tin from the Vinto metallurgical complex (CMV) in Bolivia are due to be announced on 23 August, a mining ministry spokesman told Business News Americas. Four companies are reported to have submitted bids. The sale...
