Uncertainty over future of Colquiri mine

For several weeks there have been reports that the Bolivian government may seek to nationalise several privately operated mines, including Sinchi Wayra’s Colquiri zinc-tin mine. Sinchi Wayra is a subsidiary of Glencore. However in a recent interview with Reuters...

Indonesian shipments jump in March

Provisional data released by Indonesia’s trade ministry today indicated that there has been a sharp rise in exports since February, despite reports earlier in the week that bad weather and police raids were hampering small-scale mining activity. The tonnage of...

Huanuni expansion on hold

The plan to double ore processing capacity at Bolivia’s largest tin mine continues to be delayed. Empresa Minera Huanuni (EMH), part of the state mining company Comibol, has not yet awarded the contract for the expansion of its tin complex, general manager...

Bolivia-Venezuela tin deal

Bolivian President Evo Morales and Venezuelan counterpart Hugo Chávez have signed a deal to sell 750 tonnes of tin from Bolivia’s Vinto metallurgical complex (EMV) to Venezuela for US$10.5 million, according to BNamericas, quoting press reports in both...

China Tin invests in Indonesian smelter

China Tin Group and joint venture partners Unionmet (Singapore) have entered into an agreement to acquire a 65% stake in PT Yinchenindo Mining Industry for US$10 million, according to Datamonitor. China Tin is China’s second largest integrated tin company,...

PT Timah profits tripled

Indonesia’s state-owned tin enterprise, PT Timah reported that its audited 2010 net profit tripled to 948 billion Indonesian rupiahs (US$104 million) compared with a year earlier, as a result of higher global tin prices. Net profit was 18% higher than the...