Metals X: Renison position positive despite low tin price
Announcing its results for the quarter and financial year to end-June, Metals X Limited (MLX) said that despite the fall in tin prices its 50% owned Renison mine was still generating a cash operating surplus, and that the company looked forward to increasing output...Indonesian exports down in July
Preliminary data from Indonesia’s trade ministry confirmed that the tonnage of tin checked by surveyors prior to shipment fell significantly last month. Figures released to Reuters yesterday showed a total volume of to 6,329.92 tonnes, down by 24% on June and by...Elementos completes PFS and announces ore reserve
Australian-listed Elementos Ltd. (ASX-ELT) has reported the completion of a JORC compliant pre-feasibility study for the development of a tailings reprocessing operation at its Cleveland tin, copper and tungsten project, near Luina, Tasmania. As part of the PFS, a...China Tin Industry Code of Conduct announced
The China Ministry of Industry and Information Technology (MIIT) has recently revealed a draft China Tin Industry Code of Conduct which currently has public opinion solicitation status. The new Code of Conduct has 7 aspects including enterprise layout; quality,...Rwanda government signs new mining agreements
Rwanda’s Ministry of Natural Resources has signed mining contracts with six companies to exploit 10 mining concessions that will earn the central African country up to $45 million in five years, Reuters reported. The former Gatumba mining concessions in the west...Indonesian tin shipments to be hit by new regulation
After a surge in sales in June and early July, Indonesian smelters now expect delays in obtaining licences as a new export regulation comes into effect at the end of this week. Tin exports in June were provisionally reported at 8,337 tonnes, well above expectations,...Huanuni reports first half deficit of US$ 8 million
The Bolivian state-run tin mine, Huanuni, has reported an operational deficit of US$ 8 million for the first half of 2015 due to high labour costs and the low tin price, despite a cost cutting drive following poor financial performance at the beginning of the year,...Minsur reports fall in production in Q2
Minsur’s Q2 results for its Peruvian operations revealed an 11% year-on-year fall in tin production in refined tin production at its Pisco smelter to 5,019 tonnes in Q2 2015, while production at the San Rafael mine fell by 8% to 4,954 tonnes of...No let-up in Myanmar sales
Latest official customs data from China shows that tin ore and concentrate from Myanmar continues to flow in large volumes across the border between the two countries. June imports by China amounted to 24,632 tonnes gross weight, up by 55% compared to June last year....
