TNT Mines to expand tin project portfolio
TNT Mines Pty Ltd has entered a joint venture with Clancy Exploration Ltd over two exploration licences in northwest Tasmania. TNT is a subsidiary of ASX-listed Minemakers Limited. In November 2010, Minemakers announced its intention to spin-off TNT via an initial...
China issues first 2011 export quotas
The Chinese government issued a first batch of 2011 export quotas for non-ferrous metals at the end of December. According to the Ministry of Commerce website the initial quota allocation for tin and tin products is 11,340 tonnes, up from 7,812 tonnes issued at the...
MSC prepares for Singapore listing
Malaysia Smelting Corporation (MSC) has lodged a preliminary prospectus with the Monetary Authority of Singapore for the listing of its shares on the Singapore Exchange (SGX). If successful, it would make the company dual-listed on the Bursa Malaysia and the SGX. MSC...
Physical tin ETF makes slow start
The new investor products allowing investors to buy physical tin, nickel and copper via securities traded on the London Stock Exchange have attracted modest demand since their launch on 10 December. Latest data published by ETF Securities Limited on its website shows...
Renison starts copper production
Metals X said that the commencement of copper production at the Renison operation in Tasmania will reduce net costs of tin production by A$1,000 – 1,500/tonne (The Australian dollar is currently at parity with the US dollar). The mine and concentrator is a 50:50...
South Korean stockpile to expand
South Korea's Public Procurement Service said it will raise its inventories of copper, tin and lithium in 2011, Reuters reported. "Demand for non-ferrous metals is projected to rise next year along with expanding Chinese markets, although global economies are...
Another strong month for Indonesian exports
Preliminary data released by the trade ministry indicated that tin shipments from Indonesia in November were close to 9,000 tonnes, following a fairly high level the previous month. The tonnage of tin checked prior to export by surveying companies last month was 8,986...
Vinto trims production forecast
Bolivian state tin producer Empresa Metalurgica Vinto (EMV) will finish the year with output of 11,600 tonnes, company head Ramiro Villavicencio told BNamericas. In June the company forecast production of 13,000 tonnes as a result of the incorporation of the antimony...
Conflict free smelter program
Two electronics industry organisations - the Global e-Sustainability Initiative (GeSI) and Electronic Industry Citizenship Coalition (EICC) - have launched their Conflict-Free Smelter (CFS) program, as part of industry's efforts in response to the conflict minerals...