PT Timah operations not affected by stock market suspension

Oct 10, 2008

The closure of the Indonesian Stock Exchange since Wednesday has not affected the production and investment plans of the company’s leading tin producer PT Timah. Abrun Abubakar, corporate secretary at state-owned Timah, the world’s second largest tin...

China Tin plant closed after arsenic discharge

Oct 8, 2008

A tin ore processing plant owned by Liuzhou China Tin has been closed after a tailings discharge resulted in arsenic poisoning of over 100 local villagers. China Daily reported today that 136 people in Xialuntun village in Guangxi had been treated for poisoning, but...

Novosibirsk Tin struggles

Oct 7, 2008

Novosibirsk Tin Combine (NOK), Russia’s only significant tin smelter, is facing major financial and production problems, according to recent reports. On Friday the company failed to redeem bonds valued at 347 million roubles (US$13.2 million). This was the...

Tin for tough times

Oct 1, 2008

Mounting recession worries around the world might actually have a positive impact on tin usage in tinplate, as consumers in the industrialized countries increase their spending on canned foods. The Daily Express newspaper reports that UK total sales of canned food...

State investment in Bolivian projects to triple

Oct 1, 2008

Bolivian state miner Comibol plans to invest US$155million in the sector during 2009, a spokesperson from the country’s mines and metal ministry told BNamericas. “The government expects to make over US$50million of investments during 2008 and the goal is...

Paranapanema sells tin business

Sep 22, 2008

Brazilian base metals group Paranapanema has signed a deal to sell all of its controlling stake in the Taboca mining company to Serra da Madeira for 850 million reais ($470 million), Reuters reports. The price of the deal is subject to adjustments under due diligence....