Low costs and tailings project help maintain Minsur rating

Fitch Ratings has affirmed its credit rating of Minsur SA at BBB-, with a stable outlook. Minsur was initially rated by Fitch and Moody’s a year ago in the run up to a US$450 million bond issue. In a statement Fitch said that low production costs, a forecast...

Renison mine sets new production records

Unaudited fourth quarter production for the Renison mine in Tasmania released by 41% shareholder L’sea Resources International Holdings yesterday show that the operation has established both quarterly and annual production records under its current ownership....

Indonesian exports bounce back in December

Indonesian tin exports increased to 10,318 tonnes in December, recovering strongly from an extremely low 465 tonnes in November, according to preliminary trade department data based on pre-shipment inspections by surveying companies. The annual 2014 tonnage, based on...

Record ore imports boost China tin production

China imported 28,875 tonnes (on a gross-weight basis) tin ores and concentrates in November. This is an all-time high, which exceeded the previous record import month (January 2014) by 9,909t. Almost all of the November imports were sourced from Myanmar. The total...

Huanuni ore processing plant nearly complete

Construction of the new 3,000 tpd ore processing plant at Bolivia’s largest tin mine is almost finished, local sources have told ITRI, although commissioning has not started. The facility at Comibol’s Huanuni mine has been built by the Chinese contractor...

MSC completes smelting capacity expansion

Malaysia Smelting Corporation Berhad has completed installation of a 6th reverberatory furnace at its Butterworth based smelter. The smelting plant has operated on 5 furnaces since the beginning of the 1960’s, producing around 35,000 tpy of refined tin in recent...