China mine production still constrained
While some of the larger tin mines in Guangxi province have re-opened recently, smelters in China remain very concerned about raw material supply constraints. Smaller mines in Guangxi are still awaiting permission to re-start, while drought and other environmental...Australian exploration updates
Stellar Resources has commenced a new one year, 10,000 metres drilling programme at its now 100%-owned Heemskirk project in Tasmania. The project contains three orebodies (Queen Hill, Montana and Severn) and is adjacent to the Renison mine. Indicated and inferred...Scale of Achmmach resource greatly increased
Kasbah Resources has published a new resource estimate for its Achmmach project in Morocco, with the tonnage of contained tin increased by 150%. The new JORC-compliant indicated and inferred mineral resource estimate of 14.6 million tonnes at 0.9% Sn (for 135,000...New Indonesian foreign ownership rules could impact MSC
Indonesia’s move to limit foreign companies to no more than 49% equity interest in some of its mines could spell bad news for Malaysian companies with mining operations in the republic, the country’s The Edge financial daily reported. Indonesia’s...Toyota to take 20% stake in Achmmach tin project
Toyota Tsusho Corporation has signed an MOU giving it an option to acquire up to a 20% interest in the Kasbah Resources’ Achmmach tin project in Morocco. Toyota Tsusho is one of the world’s largest tin trade houses and claims to account for approximately...Indonesian exports stronger in February
The tonnage of tin checked prior to export in February rose 35% year-on-year to 8,325 tonnes, according to trade ministry data released on Monday. The rise followed a very low January figure and occurred despite usual poor monsoon weather. “Refined tin exports...Adex updates on Mount Pleasant
Adex Mining has released new resource estimates for the North Zone tin-zinc-indium orebody at its Mount Pleasant project in New Brunswick, Canada, based on drilling work carried out in the last two years. However better than expected exploration results from the other...Indonesian market settles in
Trading in physical tin on the Indonesia Commodity & Derivatives Exchange (ICDX) is now in its second month, with generally low volumes and prices slightly higher than those recorded on the London Metal Exchange. Turnover in the INATIN contract, launched at the...CRU forecasts strong commodity prices to 2015
The leading independent metals consultancy CRU is forecasting a re-bound in commodity prices this year and generally firm market conditions in the medium-term, with tin prices expected to rise more than most. CRU and ITRI work together in covering the tin industry. In...
