YTC profit warning

Jul 15, 2013

Yunnan Tin Co Ltd announced on Friday that it would make a major loss in the first half of 2013 as a result of falling tin prices. In an announcement to the Shenzhen stock exchange the company forecast a net loss of CNY 910 – 980 million (US$ 148 – 160 million) in...

Indonesian June export surge

Jul 10, 2013

Preliminary data released by Indonesia’s trade ministry today indicated a surge in tin shipments in June, ahead of new purity regulations that came into place on 1 July. The tonnage of tin surveyed in pre-shipment checks rose to 11,111 tonnes last month, 15.2%...

Indonesia relaxes quality controls on tin exports

Jul 8, 2013

Only a week after a new regulation on tin export quality came into effect, Indonesia’s trade ministry has announced a relaxation in impurity limits. In a regulation originally announced last December, refined tin exported after 1 July has to be a minimum 99.9%...

New regulation to cause big drop in Indonesian exports

Jul 4, 2013

New regulations on the quality of refined tin exported, which came into effect on 1 July, are expected to slash shipment volumes in the next two months, according to sources quoted by Reuters. From this month all tin exports should be 99.9% tin with a maximum 100 ppm...

Koba decision still awaited

Jul 3, 2013

Malaysia Smelting Corporation’s 75%-owned subsidiary, PT Koba Tin is still awaiting a decision from the Indonesian government on its application for a 10-year extension of its contract of work in Indonesia which expired on March 31, 2013. In a statement to Bursa...

Bolivian mine production increasing

Jun 29, 2013

Official statistics from Bolivia’s ministry of mines and metallurgy show increased production of its three main mining revenue earners – silver, zinc and tin – in the first quarter of this year. Production of tin-in-concentrates rose by 4.1% year-on-year to...