Bankruptcy petition by Novosibirsk

Jun 8, 2010

Novosibirsk Integrated Tin Works (NOK), Russia’s sole producer of the metal, is seeking to be declared bankrupt, according to a regional arbitration court’s website on Monday. Quoting the website, Reuters reported that NOK’s total debt was 1.18...

Indonesian patrol seizes tin ore shipment

Jun 7, 2010

Indonesia has seized a ship carrying 15 tonnes of illegal tin ore on its way to Malaysia from West Kalimantan in Indonesia, an Indonesian customs department spokesman told Reuters on Sunday. The ship was captured by a customs patrol in Indonesian waters near Natuna on...

LME stocks shifted

Jun 4, 2010

2,000 tonnes of tin has been shifted from the LME’s warehouses in Asia into Exchange bonded warehouses in Europe. According to Metal Bulletin Deutsche Bank is responsible for shipping the tin, in order to take advantage of higher physical premiums in Europe. The...

ITRI Tin Conference Identifies Tin Consumption Recovery

Jun 2, 2010

ITRI recently held an International Tin Conference in Vancouver, Canada, which over 180 delegates attended. There were 30 speakers who presented papers on production, consumption, investment, trade and regulations. Some of the main points identified are: • China...

Bangka-Belitung may restrict small mines

Jun 2, 2010

The government of Indonesia’s main tin-producing Bangka-Belitung province plans to stop small traditional miners within the next four years to slow destruction of the island’s environment. The restriction on traditional tin mining may not affect tin...

Peru mine production down in April

Jun 2, 2010

Peru’s gold, copper, lead, zinc, silver and tin output all declined in April, according to data released by the Ministry of Mines and Energy on Tuesday. Mine production of tin-in-concentrate dropped 1.7% compared to April 2009 to 3,147 tonnes. From ITRI’s...