Four Indonesian smelters combine on ore sourcing

Sep 5, 2007

Four of Indonesia’s largest independent tin smelters have formed a consortium to combine their mining and ore sourcing interests. The consortium members are PT Bangka Putra Karya, CV DS Jaya Abadi, CV Donna Kembara and PT Duta Putra Bangka. "The consortium...

SoG tantalum and tin assets sold to Talison

Aug 31, 2007

The administrators of Sons of Gwalia Limited have announced that the bankrupt group’s Advanced Minerals Business has been sold to a consortium of four investment funds led by Resource Capital Fund IV LP. The A$205 million deal was completed on Monday. The new...

Controls on illegal mining at Huanuni tightened

Aug 30, 2007

The Bolivian government has sent a further 250 troops to prevent “mineral theft” around Comibol’s Huanuni mine, boosting the contingent to 400. Currently some 500 ex-cooperative workers are believed to be operating on the fringes of the operation on...

Timah to cool growth in output, sales

Aug 30, 2007

Following 50 – 60% increases in refined tin production and sales in the first half of this year, Indonesia’s state-controlled producer PT Timah will cut output in the second half. Refined tin production in January-June 2007 rose by 54% year-on-year to...

Chinese tin prices soar

Aug 29, 2007

A shortage of tin concentrates and strong demand is resulting in a surge in Chinese tin prices to levels well above LME prices. Latest spot prices in the Shanghai area quoted by the Antaike research company were RMB 149,000 – 152,000/tonne (US$19,700 –...

Mixed fortunes for Brazilian tin producers

Aug 29, 2007

Brazilian tin production has increased sharply in the first half of this year, but tin companies there are still facing challenging issues. After falling below 10,000 tonnes for the first time since the early 1980s in 2006, Brazil’s mine production of...