Minsur profits decline

Aug 8, 2012

Minsur SA said second-quarter profit fell to 61.7 million soles ($23.5 million) compared with 117.6 million soles in the same quarter a year earlier. The decline was attributed to lower tin prices and weaker sales volumes. Second-quarter net sales were 183.7 million...

Comibol re-structuring resumes

Aug 8, 2012

The Bolivian government has resumed a project to restructure state miner Comibol and called on the mining sector to collaborate in moving forward with the initiative, a spokesman for the country’s mining and metals ministry told BNamericas. As part of the...

Renison production starts to revive

Aug 8, 2012

The Renison mine in Tasmania reported a significant improvement in operating performance in the quarter ending 30 June, with tin-in-concentrate production rising 19% from the previous quarter to 1,395 tonnes. Ore processed at the Renison mill increased by 14% with an...

PT Timah reports lower production and profits

Aug 8, 2012

Although its tin production picked up in the second quarter after the usual seasonally weak start to the year, profits reported by Indonesia’s state-controlled tin company PT Timah slumped, mainly due to lower tin prices. Timah reported a net profit of Rp128...

Minsur production below plan

Jul 25, 2012

Latest official mine production figures released by Peru’s Mines and Energy Ministry on Monday show that tin production in May was 2,170 tonnes, 0.5% lower than in the same month of last year. Cumulative production in the first five months of this year amounted...

Strong China refined tin imports in June

Jul 24, 2012

China refined tin imports in June were very strong again, rising by 75% year-on-year and 53% compared to May to 2,386 tonnes, according to latest China Custom data. The positive arbitrage between LME and domestic Chinese prices attracted more imports in June. The...