Fall in Chinese tin production
June provisional production figures published by China’s National Bureau of Statistics show tin output down on year-ago levels for the second month running. Refined tin production last month was 12,692 tonnes, 2.9% lower than in June 2006. However, due to...Bolivian tensions continue
The battle for control of the mining industry in Bolivia between the government and co-operatives continues. Police yesterday arrested six co-operative workers and confiscated dynamite which might have been used in another planned mass demonstration in La Paz....Timah dredge sinks
One of PT Timah’s offshore tin dredges has sunk after being hit by a storm on 8 July. The Dendang dredge, which operates off Kundur, had been undergoing maintenance work at the time. One of the crew died and two others are still missing. "Maintenance on...Huanuni strike cuts supplies to Vinto
Bolivia’s Empresa Metalurgica Vinto tin smelter has ore stocks for just two or three more days of operation, Public Relations Director Monica Mendoza told Dow Jones Newswires on Monday, although the plant was not expected to stop production. Workers at...Reuters price forecast survey points to fall in tin
A Reuters survey of price forecasts by 20 base metals analysts published today points to a slight fall in tin prices next year, although some analysts are predicting further rises to new record levels. The average of all the forecasts for the LME cash price in 2007 is...Novosibirsk Tin sells stake in mine
Russia’s Novosibirsk Integrated Tin Works (NOK), the country’s major tin producer, has sold its 50% shareholding in the Sakhaolovo mine in Yakutia. The sale to Kolmarproyekt follows disagreements with the Yukutia government over investment policy and debts...Guangxi metals merger planned
The government of Guangxi autonomous region is encouraging the merger of several non-ferrous metals companies, with Liuzhou China Tin to act as the leading player in the proposed combination, according to China Metals Daily News. The Guangxi Non-ferrous Metals Group...Korea backs tin projects in Laos
South Korea and Laos plan to expand cooperation in developing iron ore and tin deposits, according to Korea’s Yonhap news agency. Seoul and Vientiane will sign an energy resources pact and set up a joint cooperation committee to coordinate future exploration and...Confrontation at Huanuni mine escalates
The confrontation between employees of the state mining company Comibol and ex-cooperative workers at the Huanuni mine in Bolivia is escalating. Yesterday up to 4,000 Comibol miners are reported to have voted to go on strike and set up roadblocks. They are demanding...
