Korea backs tin projects in Laos

South Korea and Laos plan to expand cooperation in developing iron ore and tin deposits, according to Korea’s Yonhap news agency. Seoul and Vientiane will sign an energy resources pact and set up a joint cooperation committee to coordinate future exploration and...

Confrontation at Huanuni mine escalates

The confrontation between employees of the state mining company Comibol and ex-cooperative workers at the Huanuni mine in Bolivia is escalating. Yesterday up to 4,000 Comibol miners are reported to have voted to go on strike and set up roadblocks. They are demanding...

Jakarta tin market planned

A senior official in Indonesia’s Ministry of Trade told reporters on Friday that the country plans to establish its own tin market. “We expect within five years to have a Jakarta Tin Market,” Diah Maulida, the ministry’s director general of...

New labour agreement at Minsur

Peru’s Minsur SA, which operates the world’s largest tin mine, signed a new labour agreement with its workers on 26 June. Minsur will give 2,100 workers at its San Rafael mine in the southern Andes a daily wage increase of 4.65 soles ($1.47) plus a monthly...

PT Timah dominates 2007 Indonesian tin sales

PT Timah will significantly increase its refined tin sales this year, at the expense of other Indonesian producers. The state-controlled company’s sales of refined tin "may exceed” 50,000 metric tons this year, more than the company’s previous...

US government stockpile policy under review

After many years of selling excess metals and other materials, the US government could start adding to its strategic stockpile, according to American Metal Market yesterday. Representatives of the US Defense National Stockpile Center told AMM that it is awaiting the...