Bisie drilling round completed
Toronto-listed Alphamin Resources has completed an infill drilling programme covering the Gecomines section of its Bisie project in DR Congo's North Kivu province and will move ahead with the preparation of a maiden resource estimate compliant with Canadian reporting...
Kasbah firms up Achmmach resource
Kasbah Resources has published a new JORC-compliant resource estimate for its Achmmach project in Morocco, with more tin now recorded in the "measured" category, the highest level of confidence. The new estimate covers a total of 14.6 million tonnes of ore in the...
Indonesian exports up in August
Preliminary data released by Indonesia's trade ministry showed that the tonnage of tin checked prior to export last month was 6,525 tonnes, up by 15.6% on August 2012, ahead of changes in regulations which could slash volumes this month. Cumulative tonnage in the...
Taronga project progresses
AusNiCo announced a maiden JORC-compliant resource estimate for its Taronga project in New South Wales as it continues to work on an updated Pre-Feasibility Study. The new estimate is based on a re-assessment of extensive drill results compiled by Newmont in 1982, and...
PT Timah declares force majeure on shipments
State tin company PT Timah has joined some private Indonesian smelters in halting shipments this month as a regulation requiring ingot to be traded locally before export hampered transactions with customers. Timah has declared force majeure to 19 buyers with long-term...
Timah profits squeezed as production slumps in H1
Indonesian state-controlled tin producer PT Timah's net profits were 137.1 billion rupiah ($12.5 million) in the first six months of the year, down by 60% compared with 335.9 billion rupiah over the same period in 2012, the company reported. Production of refined tin...
Indonesian exports fall in July
Preliminary trade data released by Indonesia's trade ministry on 19 August showed a sharp fall in volumes as new regulations came into place. The tonnage of tin checked prior to shipment in July slipped to 6,466 tonnes, 22% lower than in July 2012 and 42% down on the...
Novosibirsk seeks buyer for survival
According to recent reports in the Kommersant newspaper and Infogeo website, Russia's sole tin smelter, Novosibirsk Tin Works (NOK) is trying to find a buyer for the operation while the majority of its creditors have voted for a liquidation of its assets. NOK has been...
MSC still waiting for Koba decision
Malaysia Smelting Corporation said on Friday that had been advised by Indonesia's Minister of Energy and Mineral Resources (MEMR) that a decision on an application to extend the Contract of Work for its 75%-owned subsidiary PT Koba Tin had been deferred until the end...