Timah production recovers in Q3
Indonesia’s state-controlled tin company, PT Timah, has reported strong operational and financial results in Q3, aided by the rising tin price, although total production for the first 9 months of the year still lags behind 2015 levels. Q3 mine production rose 9%...South Korea adds to stockpile purchases
South Korea’s Public Procurement Service bought 200 tonnes of refined tin by tender on 26 October, bringing its total purchases to 700 tonnes in 2016, well down on typical levels of some 2,000 tpy in recent years. The PPS bought 100t of Indonesian metal via...Renison output recovers in Q3
Metals X reported positive Q3 results from its 50% owned Renison tin mine in Tasmania earlier today, with a strong increase in production to 1,718 tonnes of tin-in-concentrate and a significant reduction in operating costs. Tin production rose 49% compared to Q2 and...Aus Tin plan Granville expansion
Australia-based junior Aus Tin Mining has announced that it expects to deliver some 50 tonnes of tin-in-concentrate by the end of this year from its Granville Tin Project in Tasmania and has provided an update on plans for expansion of operations at the site. The...UWSA given deadline to withdraw troops
The Myanmar army has ordered the United Wa State Army (UWSA) to withdraw all its troops from territory normally under the control of the National Democratic Alliance Army (NDAA, Mongla Group) before a deadline of 24th October 2016. Tensions arose between the UWSA and...Rainy season hits Myanmar ore exports
Customs figures released earlier today show that the gross weight of China’s tin ore and concentrate imports in September totalled 17,802 tonnes (estimated at 2,100t contained tin), up 75% year-on-year but equal to less than half of the August total. 98% of...Timah chief to join ITRI Asia Tin Week leaders’ panel
ITRI is pleased to announce that the recently appointed President Director of PT Timah, M. Riza Pahlevi Tabrani, has agreed to participate in a panel discussion on key issues with other tin industry leaders at the Asia Tin Summit meeting to be held in Shanghai on...MSC appoints new CEO
The Malaysia Smelting Corporation announced the immediate appointment of Patrick Yong as company Chief Executive Officer on Friday, following the departure of Mr Chua Cheong Yong. Dr Patrick Yong was previously the Managing Director of MSC’s wholly owned...BMD secures licensing deal for new tin futures contract
Bursa Malaysia Derivatives (BMD) signed a licensing agreement last week with the Kuala Lumpur Tin Market (KLTM) to develop and manage a new futures tin trading contract. The Futures Tin Market (FTIN) contract will be launched on 31 October this year, with the KLTM...
