East Kemptville re-start assessed
TSX-listed Avalon Rare Metals is carrying out a preliminary economic assessment of the East Kemptville deposit in Nova Scotia. East Kemptville was Canada’s only major tin mine, a large low-grade open pit operation owned by Rio Algom producing some 4,000 tpy up...
Timah cautious on 2010 sales, production plans
Indonesia’s PT Timah is forecasting no change in its global tin sales in 2010 and will only expand production if prices are sustained above UUS$16,000/tonne, company executives told journalists today. However it will continue to expand its fleet of offshore...
Tin trading on London Stock Exchange
Investors can now take speculate on rising tin prices on the London Stock Exchange, using an Exchange Traded Commodity (ETC) product launched by ETF Securities on 12 November. Long cocoa, lead and platinum ETC products were introduced at the same time. The new ETCs...
Fall in Brazilian tin production
Data from Brazil’s tin association SNIEE shows a 14.7% year-on-year decline in national mine production in January-September this year. Total output of tin-in-concentrate was reported at 8,101 tonnes, down from 9,495 tonnes in the same period of 2008. The drop...
Indonesian exports continue to decline in October
Provisional data released by the trade ministry today indicates that October was another slow month for Indonesian smelters. The volume of tin checked for export by surveying companies as part of the ministry’s export licencing scheme last month was 7,060...
MSC reports Q3 improvement in Indonesian business
Malaysia Smelting Corporation reported a net profit of M$9.6 million (US$2.8 million) in the quarter to end-September, following a small first half net loss. Net and pre-tax profits in the year to date were M$7.4 million and M$18.3 million respectively. At the...
YTC production down, profits recovering
China's Yunnan Tin Company produced a total of 69,124 tonnes of non-ferrous metals and products for the first nine months of 2009, a decline of 8% year on year, Metals Week reported. However its cumulative net profit in the period, at RMB 87.8 million (US$12.9...
Production by Bangka tin consortium remains low
Johan Murod, director at private tin consortium Bangka Belitung Timah Sejahtera (BBTS) told Metal Bulletin that production by the seven smelters in the group remains constrained by limited ore supplies. Since mid-October, BBTS has re-activated two more smelters in...
Minsur profits, sales down
Peruvian tin miner Minsur SA said its third-quarter net income totaled 137.7 million soles (US$47.3 million) compared with PEN298.7 million in the same quarter a year earlier, Dow Jones reports. Third quarter net sales were PEN399 million compared with PEN639.4...