Yunnan Tin first half performance improves
Yunnan Tin Co., Ltd (YTC) has released much improved first half 2014 financial results. Its operating revenue reached RMB 11.186 billion yuan (US$1.81 billion) in the first half of the year, a 6.9% rise from that of 2013. Net profit attributable to shareholders...
Revised Indonesian export rule to take effect on 1 November
Indonesia's trade ministry announced on Friday that a long-awaited change in export regulation 32/2013 will come into force from the start of November, and includes tighter controls on sales of non-ingot products. The original regulation required that all tin ingots...
PT Timah builds stocks to support price
Indonesian state tin company PT Timah continued to build up stocks in the second quarter, noting in a release accompanying its 2014 first half year results that "managing...tin supplies available for sale at ICDX is our business strategy to maintain price stability"....
MGT Summer Hills results promising
MGT Resources published selected highlights from a first batch of assay results based on the drilling programme carried out on its Summer Hills mining lease, part of its Mt Garnet project in Northern Queensland. The reverse circulation percussion drilling programme...
Investment needed to boost tin supply
In a new report on the outlook for the tin industry ITRI concludes: "There is a high probability of a tin shortage developing within the next five years, even if growth in usage is slow." The industry association calls for an acceleration in investment in all...
Renison production up in H1
Unaudited production data released by Hong Kong-based shareholders L'sea Resources show that tin-in-concentrate production at the Renison mine in Tasmania rose by 2.1% to 3,096 tonnes in the first half of the year. L'sea has a 41% stake in the operation, which is...
Mine construction at Bisie could begin in 2016
Alphamin Resources provided an update on progress at its Bisie prospect in North Kivu, DR Congo, promising a resource update on Mpana North, the area it has explored most intensively to date, during the fourth quarter of 2014, plus the completion of various technical...
Indonesian data diverges
Latest tin data released by Indonesia's trade ministry on 10 July, the day after the country's presidential election shocked many industry participants and observers. The total tonnage of tin checked by surveyors prior to shipment amounted to 12,377 tonnes, one of the...
Trafford re-assays indicate “new tin province”
ASX-listed Trafford Resources announced latest results of a re-assaying programme at its 100% owned Wilcherry Hill tenements in South Australia, which were previously explored for iron ore and gold. Of over 80,000 samples previously assayed, so far only 5,400, or 7%...