Government to set limit on Indonesian production

Several news agencies have reported that the Indonesian government is close to setting a maximum limit of 100,000 tonnes on annual tin production. The planned restriction on tin ingot production will be stipulated in a decree of the Energy and Mineral Resources...

Vietnam increases export duties

The Vietnamese Ministry of Finance on June 6 issued a decision to raise tariffs on coal and mineral ores exports to 20%, aiming to cut outbound shipments of fossil fuels and materials in order to meet the increasing domestic demand, the Lao Dong newspaper reported....

Bolivia’s export and tax revenues jump in 2008

Bolivia’s mining export revenue is expected to reach US$1.8-2.0 billion in 2008, the country’s vice president Álvaro García Linera said. Meanwhile increased taxes and royalties will bring the state about $230 million a year, reported Business...

Another slow month for Indonesian tin shipments

Ministry of Trade figures released today show that the volume of tin checked for export from Indonesia in May was 7,150 tonnes, according to Bloomberg. The May ready for export figure, valued at US$160.8 million, is 9% lower than the corresponding April volume of...

Peru’s tin production dips in April

Official figures released by the Energy and Mines Ministry at the start of the week showed that Peru’s mine production of tin fell slightly in April, in contrast to growth in production of most other base metals. April production of tin-in-concentrate was 3,164...

Deal reached on Bolivia-Glencore joint venture

Negotiations to convert lease arrangements by a Glencore subsidiary on several mines in Bolivia into a joint venture with the state mining company, Comibol, have been successfully concluded, according to Bloomberg. The agreement involves Glencore’s Sinchi Wayra...