Korea tender shows rising premiums
The latest re-issued tender by South Korea’s Public Procurement Service offered further evidence of supply tightness and rising physical tin premiums in Asia. The agency had bought 200 tonnes of standard grade Malaysian 99.85% tin at a premium of $370 per tonne...
PT Timah goes offshore
PT Timah’s offshore dredging operations produced 18, 208 tonnes of tin-in-concentrate in 2009, up 31% on the previous year and the highest annual total achieved since 1998. The growth reflects the state company’s increased use of smaller and more...
Renison resumes full production
The Renison tin operation in Tasmania was back in full production by Friday 26 March following a mechanical failure at the primary mill on 20 March. The set-back had been due to a bearing failure, but repairs were quickly made. Underground mining and ore crushing...
Korea again short of bidders
South Korea’s Public Procurement Service has again re-issued a tender for 200 tonnes of tin, this time for standard grade 99.85% material for delivery to Incheon by 2 June. Only one company bid for the contract the agency said on Friday. Its previous tender in...
South Crofty project goes multi-metal
The company planning to re-open the South Crofty tin mine in Cornwall, UK, is now emphasizing potential co-product revenues in a bid to attract fresh investors. Western United Mines is embarking on a surface drilling programme to identify copper, zinc, silver and gold...
Huanuni expansion tender re-issued
The Bolivian government was due to launch a tender last week for equipment at the mine owned by state tin company Empresa Minera Huanuni (EMH), where a large expansion project is currently underway, an official from the mining and metallurgy ministry told BNamericas....
Chinese producers downplay drought impact
China’s two largest producers of refined tin in 2009, Yunnan Tin Company and Yunnan Chengfeng Nonferrous Co, told Dow Jones on Friday that power shortages caused by the current drought in south western China has not yet had a big effect on their production....
Australian explorers bring in new investors
Two ASX-listed Australian exploration companies actively developing substantial tin mine projects this week announced share placements to new investors. Kasbah Resources, which is developing the Achmmach tin project in Morocco, will raise A$3.5 million from the World...
Bluestone JV deal settled
Metals X Ltd has concluded the deal to sell 50% of its Tasmanian assets for A$50 million to form a joint venture between its subsidiary Bluestone Mines Tasmnia Pty Ltd and YT Parksong Australia Holding Pty Ltd. The joint venture will operate as Bluestone Mines...