PT Timah profits from high tin price

PT Timah achieved significant profits in the third quarter of 2021 following strong LME tin prices. In its latest quarterly report, PT Timah Tbk reported a net profit of 612 billion rupiah (some US$ 4.28 million) over the first three quarters of the year, an increase...

MSC to lift force majeure, smelter switch imminent

Malaysia Smelting Corporation (MSC) will end the year on a positive note, following commissioning of its new smelter and news that its force majeure will soon be lifted. MSC is one of the world’s largest tin smelters, producing some 22,400 tonnes in 2020 – the third...

AfriTin begins Namibian resource expansion

AfriTin Mining has begun the first of multiple exploration programmes at and around its Uis mine in Namibia. AfriTin has been producing tin in Namibia since late 2019. The Uis mine – its main asset – is currently exceeding its monthly capacity of some 60 tonnes of tin...

AfriTin drilling confirms deeper mineralisation at Uis

Results of the final drill holes from AfriTin confirm mineralisation at depth at the Uis tin mine in Namibia. AfriTin Mining owns and operates the Uis tin mine in Namibia, which has been in operation since late 2019. Since then, the company has produced nearly...

COVID controls constrain Myanmar ore shipments

Trade of tin concentrates between China and Myanmar declined in August as coronavirus control measures suspended transport through a crucial border town between the two countries. China imported some 15,557 tonnes of tin ores and concentrates in August, of which 80%...

China exports rise despite tighter market

Despite tightness in the domestic Chinese market, tin exports rose month-on-month in July. Chinese offshore tin trade is determined by the arbitrage between the local price on the Shanghai Futures Exchange (SHFE) and the benchmark price from the London Metal Exchange...