New minister to oversee Bolivia’s mining boom

Bolivian President Evo Morales replaced his mining and energy ministers on Monday in a cabinet reshuffle, Reuters reported. At the mining ministry, former Potosi provincial governor Mario Virreira will replace Jose Pimentel. Potosi province is home to the famous Cerro...

Big fall in December Chinese refined tin production

After strong growth earlier in 2011, Chinese refined tin production in December decreased by 38% year-on-year to 9,056 tonnes according to National Bureau of Statistics data. This was the lowest monthly production figure since February 2009.The NBS provisional annual...

PT Timah to order more large dredges

State-controlled Indonesian tin producer PT Timah said it will order two new generation dredges worth around US$100 million this year, the Antara news agency reported. The two bucket wheel dredges are due to be operational in 2014 said Wachid Usman, Timah’s...

Indonesian tin trading further delayed

The Indonesia Commodity & Derivatives Exchange (ICDX) has delayed for a second time the introduction of a physical tin contract to allow potential users more time to prepare, Bloomberg reported. Trading will start on 1 February instead of 12 January said Syahrul...

Indonesia catches up on exports

Refined tin exports jumped to 15,103 tonnes, the most since records began in February 2007 when the government started compiling the data, from 2,202 tonnes in November, Toto Rusbianto, head of mining exports at the Trade Ministry, told Bloomberg. Sales were 7,722...

Peru November production falls

Peru’s mining ministry released official mine production figures this week showing that the country’s output of most metals except copper declined in November. November tin-in-concentrate production was 2,393 tonnes, 2.3% lower than in November 2010. All...