Peru national strike affects Minsur mine

May 3, 2007

Peru’s only tin mine is reported to have been hit by a walk-out by workers taking part in a national mining strike which began at the start of this week.A union leader told Reuters yesterday that all 1,120 workers at Minsur’s San Rafael mine had joined the...

Timah confirms production jump

May 2, 2007

Indonesia’s PT Timah has raised its tin production target to 55,000 tonnes this year, according to the Bisnis Indonesia newspaper today. The newspaper quoted company Commissioner R Sukyar as saying that output would be boosted by 10,000 tonnes in response to a...

Renison re-start plan ready

Apr 30, 2007

Metals X has finalised a plan to re-start the Renison Bell mine in Tasmania in combination with the nearby Mt Bischoff mine. In its latest quarterly report the company says that a detailed three year plan for underground mining at Renison and open pit operations at Mt...

Soaring profits for PT Timah

Apr 30, 2007

Indonesia’s state-controlled tin company PT Timah today reported a Rp 314 billion (US$ 34 million) net profit in the quarter ending 31 March, 26 times higher than in the same period of 2006. Its margin per tonne hit a record level of $3,759/tonne, up from...

Auction averts Vinto cash crisis

Apr 26, 2007

Bolivia’s Empresa Metalúrgica Vinto (EMV) will raise some US$25 million from the sale of 1,700 tonnes of refined tin. An auction which took place on 23 April will allow the first exports of tin from Bolivia since the Vinto smelter was forcibly...

More export licences granted in Indonesia

Apr 26, 2007

The Ministry of Trade confirmed today that five more privately-owned Indonesian tin smelters have received export permits, taking to ten the total number of smelters allowed to export from the country. The five smelters are PT Tinindo Inter Nusa, CV DS...