China refined tin imports drop sharply in May
China refined tin imports dropped 69% from 1,070 tonnes in April to 333 tonnes in May. The May figure also represents a 48% reduction compared to the same month of 2014. Although the arbitrage gap was wider than in April, a lack of market interest and sufficient...Korea stockpile purchases this year now up to 1,000 tonnes
At its fifth tender for tin this year on 16 June South Korea’s Public Procurement Service (PPS) bought 200 tonnes of MSC brand standard grade 400 ppm lead tin at a c.i.f premium of US$325 to the LME price. Cumulative purchases to date in 2015 now amount to 1,000...President calls for new tin strategy for Indonesia
During a two day visit to Bangka-Belitung province at the weekend, Indonesia’s new president Joko Widodo (Jokowi) called for a new plan to combat illegal mining and boost tin prices. The President inaugurated new port facilities at Tanjung Batu, Belitung island...Colquiri mine dispute continues
Tension remains high between the state owned Colquiri Mining Company (EMC) and local mining cooperatives regarding a disagreement over access rights to particular mining levels of the Colquiri tin and zinc mine in La Paz, Bolivia, as reported by local newspaper, La...Variscan Mines secures exploration license at Abbaretz
Australian-listed Variscan Mines Ltd. (ASX : VAR) has been granted a 278 km2 exploration license, which includes the defunct Abbaretz tin mine in the Pays de la Loire region of western France. The mine is situated in the north of the commune of Abbaretz. Tin mining...Further surge in Indonesian sales
Indonesian sales continue to run well above the 4,000 tonnes per month “cap” announced by leading producers and the governor of Bangka-Belitung in early May, but this might be a final rush before stricter controls start to take effect. Preliminary trade...East Kemptville revival progresses
Avalon Rare Metals will shortly commence a new exploration drilling programme on the site of the old East Kemptville mine in Nova Scotia, Canada. The C$1.3 million work programme will involve 2,000 metres of diamond drilling, metallurgical process test work and...Financing for Achmmach paused for market “re-set”
Kasbah Resources has announced a small capital raising, but will wait for tin prices to recover to over $18,000/tonne before finalising debt financing arrangements for its Achmmach project in Morocco. The company is to raise Au$3.0 million by issuing 104.6 new shares,...Thomson Resources commences drilling near Ardlethan
Australian-based Thomson Resources Ltd (ASX-TMZ) has commenced drilling at its recently acquired Bygoo North tin asset in New South Wales, Australia, and is hoping to delineate a JORC-compliant resource by the end of 2015. The company announced the acquisition of a...
