MSC near DR Congo, Indonesia deals

Apr 4, 2012

Malaysian Smelting Corporation expects to acquire upstream tin assets in DR Congo by the middle of this year, CEO Datuk Seri Mohd Ajib Anuar told The Star newspaper. “We hope we can hasten this due diligence process and decision-making, I won’t say it will...

PT Timah profits and production down in 2011

Apr 4, 2012

Indonesia’s state-controlled tin producer PT Timah reported a 5% fall in net profit last year, as a fall in sales volumes, higher production costs and higher tax payments offset the positive impact of higher world tin prices. Timah also attributed the decline in...

MSC secures long-term future for Rahman Hydraulic mine

Apr 2, 2012

Malaysia Smelting Corporation has reached agreement with the Perak state government on a new mining lease for its wholly-owned subsidiary Rahman Hydraulic Tin Sdn Bhd, which will run until 2030, the Edge newspaper reports. RHT is the largest mine in Malaysia,...

Delays to Bolivian expansion projects

Mar 28, 2012

Plans to expand production at Bolivia’s state-owned Huanuni tin mine and Vinto smelter are being further delayed, according to unconfirmed reports reaching ITRI. In tin the centre-piece of the government’s medium-term plans is the construction of a...

China imports soared in February

Mar 27, 2012

Chinese refined tin imports soared in February to 3,719 tonnes, twelve times higher than a year ago, as well as a 130% growth versus January, according to China Customs data. The large tonnage is believed to include delayed deliveries of substantial volumes of tin...

China mine production still constrained

Mar 21, 2012

While some of the larger tin mines in Guangxi province have re-opened recently, smelters in China remain very concerned about raw material supply constraints. Smaller mines in Guangxi are still awaiting permission to re-start, while drought and other environmental...