Tin in first wave of industrial metal ETCs
Three physically-backed base metals Exchange Traded Commodities will be launched this Friday 10 December by ETF Securities Limited. The initial offerings will be of funds holding copper, nickel and tin, with the other LME metals and a basket fund starting next year....
Leading US companies query conflict minerals” reporting “
Top US retailers are seeking to be excluded from proposed reporting rules relating to “conflict minerals” in their own-brand products, Dow Jones reports. The requirement, part of the Dodd-Frank financial law passed in July, aims to pressure companies to...
Fall in Peru’s mine production
Official data released by Peru’s Ministry of Mines and Energy at the weekend showed that production of copper, silver, gold, lead, zinc and tin all decreased in October relative to the same month of 2009. Production of iron ore and molybdenum increased. October...
Venture upgrades Mt Lindsay resource estimate
Australian exploration company Venture Minerals Limited announced a substantial resource upgrade for the Company’s Mt Lindsay tin/tungsten deposit in north west Tasmania. This follows a major infill and extensional drill program in preparation for a pending...
Tin projects round-up
The current historically high tin price environment is encouraging a flurry of announcements from junior mining companies regarding potential projects. In the past week we have noted reports from six Australian listed companies concerning IPOs, asset sales, drilling...
China tin imports fall, exports rise in October
In common with other metals, China’s tin imports fell sharply in October. In the case of tin the latest trade figures reflected the fact that Chinese local market prices did not rise in line with the surge in LME prices since the summer, and for a while were at...
Jump in Indonesian export volumes
The tonnage of tin metal checked before export for Indonesia’s trade ministry jumped to 8,767 tonnes in October, up 24.2% on the same month of 2009. This was the second highest monthly total reported in 2010, just below the 8,870 tonnes reported in July....
East Kemptville exploration programme delayed
Avalon Rare Metals Inc has agreed an extension of its special licence to evaluate the potential development of historical tin resources at the East Kemptville property in Nova Scotia. East Kemptville was Canada’s only major tin mine, a large low-grade open pit...
Huanuni management plans expansion exploration
The management of Empresa Minera Huanuni (EMH), Bolivia’s largest tin mine, will shortly begin purchasing equipment for a major mill expansion and are also hoping to expand the mine’s life. Huanuni produced 4,936 tonnes of tin-in-concentrate in the first half of this...