Indonesian shipments lower in November

Dec 13, 2012

Refined tin shipments from Indonesia, the world’s largest exporter, fell in November, the first decline in three months, after rain hampered production, Bloomberg reported. Exports declined 28% to 7,946 tonnes from 11,048 tonnes in October, data from the Trade...

Comibol production falling

Nov 29, 2012

Bolivia’s state mining organisation Comibol has seen its tin production fall in the first three quarters of 2012, despite the nationalization of the former Glencore-controlled Colquiri mine in June. According to official mines ministry statistics,...

China imports and production decline

Nov 27, 2012

Chinese refined tin imports were 2,324 tonnes in October, down by 30% month-on-month and 42% year-on-year. This was still a high volume, especially as there has been no price arbitrage space for general imports since September. Cumulative imports in January to October...

Timah reveals production and investment plans

Nov 22, 2012

Indonesia’s state-controlled tin company PT Timah expects refined tin output to drop to 29.000 -30,000 tonnes this year and remain steady in 2013 as it limits production to boost profits amid weak tin prices, President Director Sukrisno told news agencies and...

Minsur profits and production decline

Nov 22, 2012

Peruvian tin producer Minsur’s net profits fell 82 % year-on-year to US$15.5 million during the third quarter, Business News Americas reported, quoting a company filing with local securities regulator SMV. Operating income fell 68 % to US$43.7million. Revenues...

Mystery boom in Indonesian shipments

Nov 12, 2012

Latest preliminary data for Indonesian exports indicate a very high level of shipments in October, despite reports of falling production there. The tonnage of tin checked prior to shipment by surveying companies working for the trade ministry amounted to 11,048 tonnes...