Price collapse forces bigger cuts in Indonesia
The melt-down in LME tin prices on Friday produced an instant reaction from the main Indonesian producers, who will halt sales at prices below US$17,000/tonne. “PT Timah and all our members will not trade below US$17,000,” Jabin Sufianto, president of the...China Tin announces shut down of its Ausmelt furnace
China Tin – the third largest producer in China – has announced a shut-down of its Ausmelt furnace for maintenance from 16 April for one month. The Ausmelt furnace of China Tin started up in March 2013, with a capacity of 20,000tpy. China Tin produced more than...Trial mining planned at Taronga
ASX-listed Aus Tin Mining has announced plans to undertake trial open pit mining and pilot plant operations at its Taronga Tin Project in New South Wales, Australia. The capital cost of the stage 1 design is estimated at A$2.5 million and both capital and operating...MSC reports fall in profits in 2014
Malaysia Smelting Corporation (MSC) has revealed a 32% fall in profits to RM68.43 million for the 2014 financial year in its recently published 2014 annual report. The group’s revenue increased 21% to RM1.9 billion in 2014, helped by higher refined tin sales, but...Indonesian exports rise ahead of sales cap
Preliminary data released by Indonesia’s trade ministry on 8 April showed a surge in exports before a plan to limit sales to 4,500 tonnes per month came into effect. Exports in March were reported to Reuters at 6,929.70 tonnes, up by 16% compared to February and...Myanmar concentrate imports boost China production
China imported 41,251t tin concentrate (gross weight) in January – February, up by 89% year on year. 96% of the total was from Myanmar. The Chinese Spring Festival was much later this year than normal, and as a result the shipments in February were much bigger than in...Peruvian tin production falls in early 2015
Official figures from Peru’s Energy and Mines Ministry reveal a year-on-year fall in mined tin production in January and February 2015 of some 24%, primarily due to depletion of mineral resources at Minsur’s San Rafael operation, the country’s only...Alphamin reports updated mineral resource for Bisie
Canadian listed, Alphamin Resources Corp. (TSX-V: AFM) has released an updated, JORC compliant mineral resource for the Mpama North deposit, part of its Bisie tin project in North Kivu, DRC. Indicated resources total 2.65 Mt at 4.49% Sn, equal to 119,240 tonnes of...Heemskirk benefits from metallurgical optimisation
Australian based Stellar Resources (ASX-SRZ) has completed a metallurgical optimisation study which has increased potential tin recovery for the Severn deposit of the company’s Heemskirk project in Tasmania to 79.5% Sn, a 7.1% improvement on the 2013 PFS....
