China cuts tin export quota for 2011
China’s Ministry of Commerce announced annual export quotas for a range of strategic metals on its website today, increasing tonnages for silver, tungsten and antimony but cutting the quota for tin from 21,000 tonnes in 2010 to 18,900 tonnes next year. The total...Timah to reduce contract sales in 2011
Indonesia’s PT Timah, the world’s largest tin exporter, plans to sell up to 50% of its tin production next year in the spot market, Metal Bulletin reports. "Our contract obligations usually take up 80-90% of Timah’s production. But for next...Kasbah accelerates Achmmach project
ASX-listed Kasbah Resources announced a successful A$24 million capital raising to fund accelerated exploration and development of its Achmmach tin project in Morocco. The majority of the funds will come from the placement of 87.5 million new shares at A$0.24 per...Venture raises funds, confirms 2013 start
Venture Minerals has completed a A$20 million capital raising to fund the feasibility study for its Mt Lindsay tin-tungsten-magnetite project in Tasmania via a share placement to existing and new institutional investors. Managing Director Hamish Halliday confirmed...Two bids at Huanuni tender
Two companies have submitted bids in the tender launched by the Bolivian government to provide equipment to expand state tin producer Empresa Minera Huanuni’s (EMH) mine complex in Oruro department, BNAmericas reported, quoting local press agency ANF. This is...Quick start for Mongolian project?
As the recent rise in tin prices has stimulated interest in new mine supply, the owners of the Narsiin Khundlen project in Mongolia have told ITRI that a modest investment in small ore processing plant would allow them to start production in 2011. The US-Mongolian...Another fall in Indonesian exports
Trade ministry data showed that the tonnage of tin checked prior to export fell to 6,904 tonnes in September, down 11.0% from 7,755 tonnes in September 2009. The cumulative total for the first three quarters of this year is 67,011 tonnes, down 11.3% on the...ITRI LME week view on the tin market
In LME Week two years ago – just a few weeks after the Lehman collapse – the talk was all about how far tin and other metals prices could fall. This year the market has been heading strongly upwards and the question is how high prices can go. The driver of...PT Timah admits supply problems
A spokesman for Indonesia’s state tin company PT Timah told Metal Bulletin today that its production in 2009 will now fall well short of its original production targets and will not even cover existing long-term contract sales commitments of 42,000 tonnes. It is...
