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...

Colquiri mine dispute continues

Tension remains high between the state owned Colquiri Mining Company (EMC) and local mining cooperatives regarding a disagreement over access rights to particular mining levels of the Colquiri tin and zinc mine in La Paz, Bolivia, as reported by local newspaper, La...

Further surge in Indonesian sales

Indonesian sales continue to run well above the 4,000 tonnes per month “cap” announced by leading producers and the governor of Bangka-Belitung in early May, but this might be a final rush before stricter controls start to take effect. Preliminary trade...

China tin imports boom in April

China tin imports boomed in April 2015, particularly imports of tin concentrates. China tin concentrate imports had declined over 4 months since last December. But the trend was reversed from mid-April, when concentrate imports grew 193% year-on-year and hit...

Bids shortlisted for Kamativi partnership

Zimbabwe’s Mines Ministry has shortlisted four bids by Chinese and South African companies to reopen the Kamativi mine in partnership with the state-owned mining company, the Zimbabwe Mining Development Corporation (ZMDC). The four shortlisted bids were...