China’s tin output down again in April

May 14, 2008

Official non-ferrous metals production figures published by China’s National Bureau of Statistics today showed that tin was again the only major metal for which a fall in output was reported. April production of refined tin was 11,703 tonnes, 10.5% lower than in...

MSC results boosted by tin price, hit by Koba problems

May 13, 2008

Malaysia Smelting Corporation reported yesterday that its first quarter pre-tax profit jumped to M$25.5 million from M$10.1 million in the same period of 2007, as a result “high tin prices and contributions from Indonesian subsidiary, PT Koba Tin”. However...

Timah details capex, acquisition plans

May 13, 2008

Senior executives of Indonesia’s state-controlled tin company PT Timah told reporters on Monday that the company plans capital spending of Rp 4 trillion (US$ 432 million) in the next three years and will also invest a further Rp 2 trillion in acquiring three...

Peru mining strike postponed

May 12, 2008

A nationwide strike by up to 70,000 miners, which had been due to start at midnight tonight, has been averted. Following negotiations between the Peruvian government and union representatives on Friday, the threatened walk out has been postponed, avoiding a clash with...

Indonesian tin shipments dip again in April

May 8, 2008

Provisional data indicates that Indonesian tin exports may have fallen from March to April. Bloomberg reported that the nation exported 7,857.92 metric tons worth $155.35 million last month, compared with 8,606.27 tons worth $157.53 million in March. The data was...

Metals X re-starts Renison, winds down Collingwood

May 1, 2008

Metals X is due to re-start underground mining at the Renison mine in Tasmania in May, and at the same time will commence ore shipments to Renison from the nearby Mt Bischoff open pit operation. The Renison concentrator is reported to be on track for first concentrate...