Indonesian tin exports decline

Jan 4, 2008

Latest provisional figures from Indonesia’s Trade Ministry show a continuing fall in tin shipments in the final months of 2007. December “shipments” were 3,330 tonnes, Hartojo Agus Tjahjono, export director for mining products, told Bloomberg in an...

Bolivian mining institutes backed by China

Jan 4, 2008

China’s government is helping the Bolivian government create a research institute in Oruro and a mining school, both of which are just starting up, an official from Bolivia’s mining ministry told BNamericas. "The organizations will be directed by the...

China introduces 10% tin export tax

Jan 2, 2008

China has announced a series of changes in duties on non-ferrous metals and steel, including the introduction of a 10% export duty on refined tin. The new duties were published on the finance ministry’s website in the last week of December and are effective from...

MSC in new Indonesian mining venture

Jan 2, 2008

Malaysia Smelting Corporation has announced an agreement between its 60% owned local subsidiary PT Tenaga Anugerah (PT TA) and PT Sarana Marindo (PT SM) which will allow it to start offshore tin production in Indonesia in the first quarter of 2008. PT TA owns two...

US stockpile sale announced

Jan 2, 2008

The US Defense National Stockpile Center announced on 21 December that it had awarded approximately 4,000 tonnes of refined tin to two companies following its recent solicitation of bids for long term sales contracts. The tin is to be drawn down from the government...

Paranapanema IPO delayed

Dec 21, 2007

Brazil’s Paranapanema group has asked the country’s financial regulator CVM for additional time to carry out a public offering of shares. According to Business News Americas, the group’s original notification to the regulator had specified that the...