MSC hopes to resume small scale operations at Koba

Jun 2, 2008

Malaysia Smelting Corporation hopes to resume small-scale tin mining operations at its 75% owned PT Koba Tin unit in Indonesia as soon as possible. According to the Bernama news agency the planned resumption would contribute about 30% of total production of the...

China’s April trade figures show minimal tin exports

May 23, 2008

For the third month in a row China’s official customs figures show extremely low tin exports in April. Data released today indicates that shipments were again 99% down on year-ago levels, at only 15 tonnes of refined tin and alloy. Meanwhile refined tin imports...

US Senate committee considers restricting commodity funds

May 23, 2008

Following hearings earlier this week, the chairman of a US Senate committee said that legislation to limit the influence of investment funds in commodity markets might be considered. This follows mounting concern about soaring energy and food prices worldwide....

Bolivian mining boom

May 23, 2008

The value of Bolivia’s mining production grew 62% year-on-year in first quarter 2008 from US$310million to US$504million, according to local press reports quoted by Business News Americas. Tin contributed US$70 million to the total, up 44% on the first quarter...

Fund predicts end of tin price rally

May 16, 2008

The rally in tin, the biggest on the London Metal Exchange this year, is nearing an end because Chinese producers will export more to take advantage of record prices, Galena Asset Management Ltd. said. “It’s not far off the finale,” Alan Williamson,...

Bolivia may take 50% stake in Colquiri mine

May 16, 2008

The Bolivian government and Glencore subsidiary Sinchi Wayra are discussing the conversion of lease contracts on two mines into joint ventures with a 50% state participation, according to a Metal Bulletin report yesterday. The discussions centre on the Colquiri tin...