Traxys acquires stake in Global Advanced Metals
Traxys Tantalum LP, a member of the Traxys Group, has agreed to acquire a 20% interest in Global Advanced Metals (GAM). The acquisition is subject to Australian Foreign Investment Review Board approval. The Luxembourg-based privately owned Traxys Group is a global...
China sets quotas for tin and other metals
China’s Ministry of Industry and Information Technology (MIIT) has set 2011 mining quotas for several minor metals, Reuters reported, increasing the permitted output of tungsten, tin, antimony, molybdenum and rare earths by between 5% and 12%. The announcement...
China’s refined tin imports fall in first quarter
China's refined tin imports fell by 38% year-on-year to 901 tonnes in March according to latest data of China Customs. The total imports in the first quarter were 1,924 tonnes, down by 58% y-o-y. This was the seventh consecutive month of year-on-year declines because...
Uncertainty over future of Colquiri mine
For several weeks there have been reports that the Bolivian government may seek to nationalise several privately operated mines, including Sinchi Wayra’s Colquiri zinc-tin mine. Sinchi Wayra is a subsidiary of Glencore. However in a recent interview with Reuters...
Eurotin positive on Oropesa project
Toronto-listed Eurotin Inc has acquired Stannico, a junior exploration and development company with several tin projects in southern and central Spain, through an exchange of securities. In announcing the deal on 18 April, Eurotin’s President and CEO Peter...
Indonesian shipments jump in March
Provisional data released by Indonesia’s trade ministry today indicated that there has been a sharp rise in exports since February, despite reports earlier in the week that bad weather and police raids were hampering small-scale mining activity. The tonnage of...
Huanuni expansion on hold
The plan to double ore processing capacity at Bolivia’s largest tin mine continues to be delayed. Empresa Minera Huanuni (EMH), part of the state mining company Comibol, has not yet awarded the contract for the expansion of its tin complex, general manager...
Bolivia-Venezuela tin deal
Bolivian President Evo Morales and Venezuelan counterpart Hugo Chávez have signed a deal to sell 750 tonnes of tin from Bolivia's Vinto metallurgical complex (EMV) to Venezuela for US$10.5 million, according to BNamericas, quoting press reports in both...
China Tin invests in Indonesian smelter
China Tin Group and joint venture partners Unionmet (Singapore) have entered into an agreement to acquire a 65% stake in PT Yinchenindo Mining Industry for US$10 million, according to Datamonitor. China Tin is China’s second largest integrated tin company,...