Indonesia’s 2015 tin exports likely to be below 70,000 tonnes
Based on preliminary November data released by Indonesia’s trade ministry at the end of last week, the country’s refined tin exports this year are likely to fall below 70,000 tonnes for the first time since 2003. Reuters reported on Saturday that November...Aus Tin complete Granville acquisition
Australian listed Aus Tin Mining Ltd. (ASX: ANW) has announced the execution of a Sale & Purchase Agreement to acquire the Granville Tin Project, near Zeehan, on Tasmania’s West coast, for which it has also revealed high grade assay results from recent...China production falling as concentrate imports rise
China’s tin concentrate imports increased by 170% year-on-year to 27,043t (gross weight) in October, according to the latest official data. 96% of the imports were from Myanmar. China imported 209,356t tin concentrate in January to October in 2015, up by 68%. Of...ITRI forecasts market deficit despite drop in tin demand
ITRI analysts forecast that the global tin market will remain in deficit in 2015-2016, despite a decline in demand this year. This has been identified in a major new survey of tin users, the results of which have been released at the 5th ITRI London Tin Investment...Bolivian tin deal announced
Bolivian President Evo Morales has announced the agreement of a US $106 million deal between the state mining company Comibol and ThyssenKrupp of Germany to supply 13,200 tonnes of tin over two years from 2016. He was speaking at a televised news conference on...MSC profits bounce back in Q3
Malaysia Smelting Corporation reported a pre-tax profit of RM28.8 million (US$6.6 million) in the quarter to September, up from RM9.3 million in Q3 2014, mainly due to an upward revaluation of inventories as the tin price rose from its end-June low. However the gains...Mixed production results from Minsur’s Brazilian operations
While production at the Pitinga mine fell in Q3, tin output at the company’s Pirapora smelter rose by 7%. Minsur released its consolidated Q3 results on Monday revealing that its Brazilian subsidiary, Taboca, saw a 21% year-on-year fall in Q3 tin production from its...South Korea adds to tin purchases
South Korea’s Public Procurement Service (PPS) said on 13 November that it had bought 100 tonnes of tin for December arrival, adding to the 200 tonnes it had also purchased via a tender the previous week. At the first tender, which closed on 4 November, the PPS...Alphamin announces US$10 million investment by IDC
TSX-V listed Alphamin Resources Corp. has announced an agreed investment worth up to US$ 10 M by the Industrial Development Corporation of South Africa Ltd. (IDC) in return for a 14.25% equity stake in Alphamin DR, the companies subsidiary in the Democratic Republic...
