MSC profits bounce back in Q3

Nov 18, 2015

Malaysia Smelting Corporation reported a pre-tax profit of RM28.8 million (US$6.6 million) in the quarter to September, up from RM9.3 million in Q3 2014, mainly due to an upward revaluation of inventories as the tin price rose from its end-June low. However the gains...

Mixed production results from Minsur’s Brazilian operations

Nov 18, 2015

While production at the Pitinga mine fell in Q3, tin output at the company’s Pirapora smelter rose by 7%. Minsur released its consolidated Q3 results on Monday revealing that its Brazilian subsidiary, Taboca, saw a 21% year-on-year fall in Q3 tin production from its...

South Korea adds to tin purchases

Nov 18, 2015

South Korea’s Public Procurement Service (PPS) said on 13 November that it had bought 100 tonnes of tin for December arrival, adding to the 200 tonnes it had also purchased via a tender the previous week. At the first tender, which closed on 4 November, the PPS...

Minsur reports lower Q3 tin production

Nov 10, 2015

Tin miner Minsur has published its Q3 2015 individual results, which show that tin production from the San Rafael mine in Peru fell 15% to 4,852 tonnes during the quarter compared to the same period of the previous year, mostly due to anticipated lower head grades....

Mawchi mines to reopen after landslide deaths

Nov 2, 2015

Operations are set to resume at the Mawchi tin and tungsten mines in Kayah State, Myanmar, following a halt caused by a nearby landslide on October 13th that resulted in 28 deaths and the displacement of more than 500 others. The landslides and deaths occurred in a...

Certification delays could slash Indonesia November exports

Oct 29, 2015

Only three Indonesian tin companies are so far ready to meet new export rules due to be introduced next month, Reuters reported, quoting Jabin Sufianto, president of the Indonesian Association of Tin Exporters (AETI). From 1 November Indonesian tin exporters must...