More physical metal ETCs launched

May 4, 2011

ETF Securities listed physically backed exchange-traded commodities (ETCs) for aluminium, zinc and lead on the London Stock Exchange on Tuesday, it said. The physically backed industrial metal ETCs, follow previous listings of copper, nickel and tin , which launched...

Renison production revives from March

May 3, 2011

In its latest quarterly release Metals X reported a bounce-back in production at the Renison mine in Tasmania, following a difficult period at the end of last year and in January-February 2011. Quarterly production of tin-in-concentrate in January-March was 29% lower...

Bolivia drops nationalisation plans

May 3, 2011

Bolivia’s government has not pursued plans to take over several privately operated mines in the country, including Glencore’s Colquiri zinc-tin operation. It had been anticipated that President Evo Morales would announce this during 1 May labour day...

Traxys acquires stake in Global Advanced Metals

May 2, 2011

Traxys Tantalum LP, a member of the Traxys Group, has agreed to acquire a 20% interest in Global Advanced Metals (GAM). The acquisition is subject to Australian Foreign Investment Review Board approval. The Luxembourg-based privately owned Traxys Group is a global...

China sets quotas for tin and other metals

Apr 27, 2011

China’s Ministry of Industry and Information Technology (MIIT) has set 2011 mining quotas for several minor metals, Reuters reported, increasing the permitted output of tungsten, tin, antimony, molybdenum and rare earths by between 5% and 12%. The announcement...

China’s refined tin imports fall in first quarter

Apr 27, 2011

China’s refined tin imports fell by 38% year-on-year to 901 tonnes in March according to latest data of China Customs. The total imports in the first quarter were 1,924 tonnes, down by 58% y-o-y. This was the seventh consecutive month of year-on-year declines...