Indonesian officials describe production quota plans

Apr 18, 2008

Officials of both the Ministry of Energy and Mineral Resources and Ministry of Trade have this week commented on proposals to limit Indonesian tin production at 100,000 tonnes per year. On Tuesday Mangantar Marpaung, a director at the former ministry, told reporters...

Huanuni strike ended

Apr 15, 2008

A twelve day strike at Comibol’s Huanuni mine in Bolivia ended on Monday after nearly 5,000 workers voted to accept a 20% pay rise. They had earlier demanded a 30% increase. Local news reports said that the disruption has cost the state company some US$2.6...

MSC China JV to start up in second quarter

Apr 9, 2008

Malaysia Smelting Corporation expects to begin operations of a joint venture smelter and tin products plant in Guangxi, China, in the second quarter. The investment was originally announced last October, ahead of a tightening of official restrictions on foreign...

Indonesian exports rise in March

Apr 7, 2008

Provisional data based on surveyors’ reports shows that the volume of refined tin inspected prior to export from Indonesia rose from 7,431 tonnes in February to 8,606 tonnes in March. The latest figure was slightly lower than the March 2007 volume of 8,699...

Record profits and production for PT Timah

Apr 2, 2008

On March 31 Indonesia’s state-controlled tin producer PT Timah reported new annual profit and production records. The company’s net profit rose by 757% from the previous year to Rp 1,785 billion (US$ 196 million) for 2007. Meanwhile refined tin production...

New tin discovery at Elsmore project

Apr 1, 2008

Malachite Resources reports that it has made a significant new tin discovery at its 100% owned Elsmore Tin Project, located about 20km east of Inverell in northern NSW. The new discovery is at the Newstead Prospect, which comprises a large tin-bearing greisen system,...