Timah forecasts profit jump

May 28, 2010

PT Timah expects its first half net profit to soar more than 10 times compared with Rp 42.9 billion in the same period last year on higher prices and sales volume, Finance Director Krishan Syarif told Dow Jones Newswires. The Indonesian state-controlled tin producer...

ITRI International Tin Conference round-up

May 26, 2010

Over 180 delegates participated in ITRI’s International Tin Conference held in Vancouver on 17 – 19 May, taking in a densely packed presentation programme and associated networking events. Thirty speakers presented papers on production, consumption,...

China to begin new crackdown on illegal mining

May 26, 2010

Chinese authorities are due to carry out a new six-month campaign against illegal mining and prospecting in June in provinces including the three major tin mining areas of Yunnan, Guangxi and Hunan. According to China Steel the government will crack down on...

Timah move offshore continues

May 24, 2010

PT Timah, Indonesia’s largest tin producer, plans to increase mining of deposits in the sea as illegal miners encroach on its land, Bloomberg reported. Offshore mining may account for 60% to 70% of total output this year, President Director Wachid Usman told...

Indonesian exports revive in April

May 21, 2010

Preliminary data from the ministry of trade shows a pick up in shipments of refined tin from Indonesia in April. In the latest month 7,926 tonnes of metals was checked prior to export by surveying companies, up from 6,576 tonnes the previous month and 30% higher than...

Mt Lindsay study shows higher returns

May 21, 2010

ASX-listed Venture Minerals has released details of a new scoping study for the Mt Lindsay polymetallic tin/tungsten project in Tasmania. The new study is based on a slimmed down scale of operation compared to the original study released by the company in June 2009,...