ICDX volumes plummet as LME prices fall

Sep 15, 2014

With one exception, Indonesian tin producers have halted sales since 28 August in response to the fall in LME prices to below US$21,000/tonne. After ten market days with no trading, fresh sales of tin were made on the Indonesia Commodity and Derivatives Exchange...

Rwandan government grants Tinco 25 year mining rights

Sep 15, 2014

The Rwandan government has granted Tinco Investments 25 year mining agreements for its tin and tungsten mines in the country, Metal Bulletin reports. The agreements covering the Rutongo tin mines and Nyakabingo tungsten operation were announced by Rwanda’s...

Renison production increasing

Sep 11, 2014

Production at Australia’s only major tin mine has continued to increase this year, according to latest data released by its major Chinese shareholder L’Sea Resources International. Unaudited figures for January-August show a rise of 4.9% year-on-year in...

Bolivian state tin operations face financial problems

Sep 9, 2014

Recent local press reports in Bolivia have identified various suggested solutions to the financial problems faced by the Vinto smelter and Huanuni mine. These include a merger of the two separately managed units, more government subsidies to both operations, the...

Metals X results transformed by gold operations

Aug 29, 2014

Metals X, which manages and has a 50% stake in the Renison mine, Australia’s sole significant tin producer, reported a massive increase in revenues and profits in the financial year to end-June. The gains were due to the acquisition of two gold mines during the...

MSC’s Malaysian profits offset by Indonesia withdrawal

Aug 22, 2014

Malaysia Smelting Corporation’s second quarter and first half results show improving profitability at its core smelting and mining operations in Malaysia, although these gains were offset by a final round of losses caused by its withdrawal from Indonesia in...