Two bids at Huanuni tender
Two companies have submitted bids in the tender launched by the Bolivian government to provide equipment to expand state tin producer Empresa Minera Huanuni's (EMH) mine complex in Oruro department, BNAmericas reported, quoting local press agency ANF. This is the...
Quick start for Mongolian project?
As the recent rise in tin prices has stimulated interest in new mine supply, the owners of the Narsiin Khundlen project in Mongolia have told ITRI that a modest investment in small ore processing plant would allow them to start production in 2011. The US-Mongolian...
Another fall in Indonesian exports
Trade ministry data showed that the tonnage of tin checked prior to export fell to 6,904 tonnes in September, down 11.0% from 7,755 tonnes in September 2009. The cumulative total for the first three quarters of this year is 67,011 tonnes, down 11.3% on the...
ITRI LME week view on the tin market
In LME Week two years ago – just a few weeks after the Lehman collapse - the talk was all about how far tin and other metals prices could fall. This year the market has been heading strongly upwards and the question is how high prices can go. The driver of both...
PT Timah admits supply problems
A spokesman for Indonesia’s state tin company PT Timah told Metal Bulletin today that its production in 2009 will now fall well short of its original production targets and will not even cover existing long-term contract sales commitments of 42,000 tonnes. It is...
Indonesia sets new rules on export pricing
Indonesia will set a monthly price floor for its coal and minerals including tin, nickel and copper production - starting this month. The ministry of energy and minerals will set the price floors in the beginning of every month, it said. "The purpose is to ensure...
Yunnan Chengfeng stops production
China’s second largest refined tin producer, Yunnan Chengfeng has currently stopped production at its Gejiu plant due to electric power limitations. Many metals companies and other enterprises in China have been affected recently as local governments try to meet...
Venture updates Mt Lindsay project plan
In a new presentation to investors Venture Minerals said that a pre-feasibility study on its Mt Lindsay tin-tungsten-magnetite project in northern Tasmania is due to be completed in the fourth quarter, after which the company will embark on the production of a...
Indonesian exports remain low
The tonnage of tin checked for export prior to shipment by Indonesian trade ministry surveyors fell to 7,974 tonnes in August, down 5.6% compared to August 2009. The year-to date tonnage of 60,107 tonnes was 11.3% lower than in the first eight months of last year....