Second strong month for Indonesian exports
Indonesia’s refined tin exports rose 22% year-on-year in April due to improving weather conditions, an official at the trade ministry told Reuters on Monday. Indonesia, the world’s top tin exporter, shipped 9,708 tonnes of refined tin in April, compared to...Japan tin imports show delayed quake effect
Official trade data shows the lagged effect of the natural disasters which hit Japan in March on refined tin demand in Japan. After holding up quite well through April and May, June imports slumped to 1,932 tonnes, down 43% on June 2010. Cumulative imports in the...Achmmach drilling programme back to full speed by September
Kasbah Resources said that it has signed a letter of intent to appoint Spektra Jeotek AS to carry out exploration drilling work at its Achmmach project in Morocco, to help it complete a Pre-Feasibility Study of the project by the first quarter of 2012. Spektra is...Renison performance improving slowly
Metals X reported that production at its 50% owned Renison mine in Tasmania increased slightly in the quarter to end-June, but the company is looking for significant further improvements in the second half of the year. The operation produced 1,333 tonnes of...Analysts forecast steady tin prices though 2012
The latest twice-yearly survey of analysts forecasts by Reuters shows a “consensus” view that LME metals prices will generally stay close to current levels through the second half of this year and into 2012. Around 40 banks and other analysts participated...Glencore reports Colquiri tailings plan
As part of the prospectus for its multi-billion dollar IPO, commodity trading giant Glencore has commented on plans for its zinc, lead and tin operations in Bolivia, the Wall Street Journal reports. A subsidiary of the Swiss-based commodities producer and marketer...Minsur’s earnings increase
Higher tin prices helped boost Minsur’s net profit up 27.5% to 335 million soles (US$119 million) in January-March from 262 million soles in the same period last year, BN Americas reported, quoting a submission to Peru’s securities regulator Conasev. Net...Any Questions?
ITRI is currently developing a brand new website which is due to replace the current one in the next few months. A key objectives of the new site is to improve two-way communications with all stakeholders in the industry and also to give users the ability to...High prices boost PT Timah results
Although its sales fell by 18% year-on-year in volume terms in the quarter to end-March, Indonesia’s PT Timah reported a 150% increase in net profit in the period as a result of high prices. The company’s average selling price in January-March was...
