PT Timah denies shipment problem
Indonesia’s state-controlled tin company PT Timah has denied news reports that it may have its exports halted by new regulations that come into effect later this week. "Tin exports are still ongoing. There is no problem with our shipment. We are now working...Yunnan Tin sales rise, profits fall
Yunnan Tin Company (YTC), the world’s largest tin producer, reported a 25% fall in profits in 2006, despite a 33% increase in its sales. Net income fell to 212.6 million yuan (US$27 million) from the previous year’s 285.1 million yuan, the company said in...Koba Tin declares force majeure
Malaysia Smelting Corporation (MSC) said today that force majeure had been declared on shipments from its PT Koba Tin subsidiary in Indonesia. This follows a continuing investigation into its ore purchases and the arrest of several Koba executives at the weekend. MSC...Bolivian troops seize Vinto tin smelter
On Friday more than 200 troops occupied the 12,000 tpy Vinto tin smelter in Bolivia. The soldiers entered the facility after Bolivian President Juan Evo Morales Ayma arrived to sign a decree nationalizing the plant, the country’s largest operating smelter. The...Tax freeze for Bolivian cooperatives
The Bolivian government agreed on Tuesday to exempt small-scale miners’ cooperatives from large minerals tax rises planned for this year. According to an Associated Press report from La Paz more than 20,000 miners demonstrated in the Bolivian capital on Monday...Local approval for Bangka smelter re-openings
Two more tin smelters in Bangka Belitung province have won regional government approval to re-open, following an initial five at the end of last week, according to Metal Bulletin. However they still require an official go ahead from the Trade Ministry in...STI reverts to original output target
A spokesman for Singapore Tin Industries (STI) told journalists today that it plans to produce 9,000 tonnes of refined metal in January-June. The company had produced 8,738 tonnes in the six months to December 2006, but announced on 25 January that it was cutting...Metals X expands tin production
Metals X Limited, formerly Bluestone Tin, reported a sharp increase in production at its Collingwood mine in Queensland during the quarter ending December 31. Ore throughput was 260% higher than in the previous quarter, and with grades rising slightly to 1.21% Sn, the...Singapore Tin and PT Koba Tin to cut output
Singapore Tin Industries will cut its output target by around 33 percent to 12,000 tonnes this year due to supply constraints in Indonesia, its director Petrus Tjandra told Reuters today. The refiner, a joint venture between China’s top producer, Yunnan Tin, and...
