Start of tin production at Pirquitas further delayed

Mar 7, 2011

Silver Standard Resources gave no indication of likely tin production at its Pirquitas silver-zinc-tin mine in Argentina when announcing its year end 2010 results last week. During the course of 2010 it continuously downgraded its tin production forecasts for last...

South Korea ups copper, tin targets

Feb 25, 2011

South Korea’s Public Procurement Service (PPS) said in a statement on 23 February that it would raise its inventory targets for copper and tin in 2011 to a respective 80 and 75 days of import demand, signalling the launch of a broader restocking effort through...

Indonesian exports up in January

Feb 17, 2011

Indonesia shipped 7,334.65 tonnes of refined tin in January, compared with 6,774.57 tonnes a year earlier, trade ministry data showed. "Exports were higher compare to January 2010 because exporters rushed to ship the metal because of record prices," Junaedi,...

Nickel and tin had fastest growth rates in 2010

Feb 17, 2011

Preliminary data on world supply and demand for all the LME metals in 2010 published this week by the World Bureau of Metals Statistics (WBMS) showed that nickel and tin registered the fastest growth in apparent consumption last year. WBMS calculates apparent...

PT Timah expects further decline in production

Feb 16, 2011

Indonesia’s state-controlled PT Timah , estimated its refined tin production this year at between 37,000 and 40,000 tonnes. The miner earlier this month said refined tin production in 2010 was 40,413 tonnes, which was down from 45,086 tonnes in 2009 as heavy...

Interest in physical tin ETF picks up

Feb 16, 2011

Interest in the physical tin ETF (exchange traded fund) is starting to pick up. Following the launch of this product on 10 December last year, initial sales were very small, amounting to only 80 tonnes up to 30 January. However since then the total has moved up to 405...