WBMS: Tin demand in February at ten year low
In its latest release of base metals data, the World Bureau of Metals Statistics (WBMS) said that estimated global tin consumption for January and February 2009 was 39,500 tonnes, which was 30% below the comparable period of 2008. Estimated apparent tin consumption in...
Indonesian production restrained, despite no progress on quotas
Indonesia's tin production may not reach 90,000 tonnes this year amid slowing global demand, a director general at the energy ministry told Reuters on Wednesday. The government said in February that it expected tin production to rise to 105,000 tonnes from the...
Yunnan Tin reports Q1 loss
Yunnan Tin Co., the world’s biggest producer of the metal, posted a first-quarter loss of 112 million yuan ($16.4 million) because of slumping overseas orders and lower prices, Bloomberg reported. That compares with a profit of 167 million yuan a year earlier....
Taboca looks for increased co-product revenues at Pitinga mine
Mineracao Taboca SA, the Brazilian-based tin mining and processing subsidiary of Peru’s Minsur, is looking to generate revenue from rare earths as well as tin, niobium and tantalum. Minsur acquired the operation for 850 million reais (US$374 million) at the end...
Consolidated Tin Mines updates resource estimate, mine plans
Queensland-based Consolidated Tin Mines announced a major resource upgrade at its Mt Garnet Tin Project, bringing the total measured, indicated and inferred JORC resource to 5.3 million tonnes at 0.6% tin. The resource upgrade is a result of Consolidated Tin's...
PT Timah expects lower production, more spot sales
Indonesia's PT Timah said on Tuesday it expects to produce 45,000-48,000 tonnes of refined tin this year, down from 49,029 tonnes in 2008, Reuters reported. But production could be even lower than planned if prices continue to fall, Timah corporate secretary Abrun...
Mongolia project aims for 2010 start up
While many mine projects around the world have been postponed or cancelled in the last six months, the US-Mongolian company Amerilangui Ujin is still confident that it could begin mining and processing tin ore on a small scale at its Narsiin Khundlen project next...
Adex announces Mount Pleasant resource estimate
Adex Mining last week announced a new estimate of the mineral resource at its Mount Pleasant property in southwestern New Brunswick, Canada. The total tin-indium-zinc resource estimate includes an indicated mineral resource of 10,882,000 tonnes at an average 0.43% Sn,...
Indonesian exports increase
The volume of tin checked for export for Indonesia’s trade ministry rose by 30% from the previous month to 11,086 tonnes in March. The latest figure was 29% up on March 2008. The tonnage checked prior to shipment by official surveyors in the first quarter of...