Korea stockpile authority back in market
South Korea’s Public Procurement Service (PPS) bought 300 tonnes of MSC brand tin on 15 May through a public tender, its second purchase of refined tin this year. The metal will be supplied by Metal Park at a premium of $575/tonne to the LME price cif Incheon,...Indonesian April exports slightly slower
Provisional data released by the trade ministry today shows a 15% fall in the tonnage of tin checked prior to export compared to March, although the April volume of 7,853 tonnes was still 4.9% higher than in April last year. Cumulative tonnage in January-April amounts...Kasbah makes first pass at second tin project
Kasbah Resources has announced first exploration drilling results from its Bou El Jaj (BLJ) project, located 15 kilometres south west of its Achmmach project in Morocco. This initial 8,000 metres of drilling work was aimed at identifying shallow (less than 80 metres...MSC relies on Malaysian operations to return to profitability
In its 2012 annual report, published this week, Malaysian Smelting Corporation says that it will rely on its profitable Malaysian smelting and mining operations and a more cautious foreign investment strategy to move forward, following the heavy losses suffered by its...ITRI China International Tin Forum: looking for rainbows
The conference hosted by ITRI China in Kunming on 23-25 April attracted 260 delegates from 30 countries and benefited from the support of Yunnan Tin and sponsorship from all the other main Chinese producers. The meeting took place at a time when financial markets have...Timah production slumps
Production of tin-in-concentrate by Indonesia’s PT Timah fell by 42% year-on-year to 4,312 tonnes in the first quarter of 2013. While offshore production by the company’s dredges was relatively stable, declining by 15% to 3,681 tonnes, onshore production...Temporary dip in Renison production
Production of tin-in-concentrate at the Renison mine in Tasmania in the first quarter of 2013 dipped by 15%, as previously advised, to 1,520 tonnes. However the quarterly total was up by 30% compared to the first quarter of 2012 and 50% owners Metals X remain...MSC results hit again by Koba problems
Final audited results for 2012 announced by Malaysia Smelting Corporation on 29 April showed much larger losses than the unaudited figures released at the end of February, reflecting further provisions for the expiry of 75%-owned subsidiary PT Koba Tin’s...Timah moves forward on Myanmar exploration
Speaking to the Jakarta Post at PT Timah’s annual shareholders meeting yesterday, the company’s President Director Sukrisno gave a progress report on plans to establish a tin business in Myanmar. For its expansion to Myanmar, Timah has secured a...
