Production stabilising at San Rafael mine

Latest mine production statistics released by Peru’s energy and mines ministry on Tuesday show that production at Minsur’s San Rafael mine, the country’s only tin operation and the world’s largest, was 1,622 tonnes of tin-in-concentrate. While...

Another big month for Indonesian exports

Preliminary data provided by the trade ministry to news agencies yesterday indicated that Indonesian tin exports in June were more than double the 4,000 tpm “cap” announced by major producers and the governor of Bangka-Belitung in early May. Based on...

Myanmar mining ministry shortens list of prospective smelter partners

Myanmar’s Ministry of Mining has narrowed a selection of prospective partners for its tin smelter to just seven local and foreign companies, according to an official from the state-run enterprise. The No.2 Mining Enterprise under the Ministry invited expressions...

China refined tin imports drop sharply in May

China refined tin imports dropped 69% from 1,070 tonnes in April to 333 tonnes in May. The May figure also represents a 48% reduction compared to the same month of 2014. Although the arbitrage gap was wider than in April, a lack of market interest and sufficient...

Korea stockpile purchases this year now up to 1,000 tonnes

At its fifth tender for tin this year on 16 June South Korea’s Public Procurement Service (PPS) bought 200 tonnes of MSC brand standard grade 400 ppm lead tin at a c.i.f premium of US$325 to the LME price. Cumulative purchases to date in 2015 now amount to 1,000...

President calls for new tin strategy for Indonesia

During a two day visit to Bangka-Belitung province at the weekend, Indonesia’s new president Joko Widodo (Jokowi) called for a new plan to combat illegal mining and boost tin prices. The President inaugurated new port facilities at Tanjung Batu, Belitung island...