Deal close on Glencore Bolivian mines
The Bolivian state mining holding company, Comibol, is close to finalising new joint venture agreements for several mines operated by Glencore International subsidiary Sinchi Wayra, including the Colquiri zinc-tin mine. "By May 17 or 18 we could be ready to sign the...
MSC back in black
Malaysia Smelting Corporation recorded a small pre-tax profit of RM8.7 million (US$1.8 million) in the first quarter, following the loss of RM35.1 million in the fourth quarter of last year. However continuing losses at its PT Koba Indonesian operations have largely...
Metals X diversifies as Renison tin production set to expand
Metals X, which has a 50% stake in the Renison tin mine, is planning to diversify its portfolio by merging with Westgold Resources. Renison is Australia's only significant tin mine, and is poised to expand production to 7,000 – 8,000 tpy of tin-in-concentrate. The...
Minsur production falling
Official March mine production data released by Peru's mining ministry showed increases in output of most base and precious metals, with the exception of tin. March tin production was reported at 2,294 tonnes, down by 6.6% compared to the same month of 2011. First...
Fall in Indonesian April exports
Provisional trade ministry data released today indicates a substantial fall in tin metal exports last month. The quantity of tin checked prior to export in April was 7,489 tonnes, 22.9% down on the same month last year and 4.9% lower than the 8,608 tonnes checked in...
Consolidated Tin Mines agrees project financing plan
Australian tin exploration and development company Consolidated Tin Mines (CSD) has announced an agreement with its major shareholder, Hong Kong-based Snow Peak International, to fund the final stages of a pre-feasibility study of its Mt Garnet project in Queensland....
Avenue reports first Brazilian drill results
ASX-listed Avenue Resources has reported the first results of a 2,000 metre drill programme at the San Lourenco project in Rondonia state, Brazil. The project consists of 3,408 hectares located 200 kilometres from Porto Velho and was a centre of small scale alluvial...
Glencore reports robust trading, jump in tin production
Glencore International PLC reported that its marketing operations "continued to trade robustly" in the first quarter of 2012 and that it was making encouraging progress in a range of mine production expansion projects. Among its metals operations, tin showed the...
Cape Town conference: Africa’s potential and other key themes
ITRI's 12th International Tin Conference in Cape Town on 23 – 25 April and a linked Conflict Minerals Seminar on 26 April attracted a total of 265 delegates. One of the key themes of both meetings was the potential for Africa to develop its mineral resources and...