Fall in Indonesian April exports

May 9, 2012

Provisional trade ministry data released today indicates a substantial fall in tin metal exports last month. The quantity of tin checked prior to export in April was 7,489 tonnes, 22.9% down on the same month last year and 4.9% lower than the 8,608 tonnes checked in...

Glencore reports robust trading, jump in tin production

May 9, 2012

Glencore International PLC reported that its marketing operations “continued to trade robustly” in the first quarter of 2012 and that it was making encouraging progress in a range of mine production expansion projects. Among its metals operations, tin...

Cape Town conference: Africa’s potential and other key themes

May 2, 2012

ITRI’s 12th International Tin Conference in Cape Town on 23 – 25 April and a linked Conflict Minerals Seminar on 26 April attracted a total of 265 delegates. One of the key themes of both meetings was the potential for Africa to develop its mineral resources and...

Timah production down in Q1

May 1, 2012

PT Timah reported a 41% year-on-year fall in net profit and a 20% decline in refined tin production in the first quarter of 2012. The state-controlled tin company said that net profit in the period was Rp 207.7 billion (US$23 million), with the positive impact of...

Minsur to acquire copper business

Apr 30, 2012

Minsur SA, Peru’s only tin producer, plans to acquire a controlling stake in Marcobre, which is developing a substantial copper project in Ica province, also the location of Minsur’s Ausmelt tin smelter, local newspaper Gestión reported. Minsur investment...

Analysts’ tin price forecasts raised

Apr 18, 2012

A new survey of price forecasts for LME metals in 2012 and 2013 published by Reuters on Friday showed a slightly higher range of projections than in January. Reuters has now instituted a quarterly poll of bank and other analysts, having previously produced two surveys...