Hunan and Guangxi stockpiles planned
China’s second and third largest tin producing provinces are both contemplating metals stockpiling plans, following the example set by Yunnan. Both Hunan and Guangxi have made statements about their intentions on official websites in recent days, although...
Van Dieman Mines goes into administration
Trading in shares in Van Dieman Mines plc on the London AIM market were suspended on 24 February and the company announced yesterday that its Australian operating subsidiary Van Dieman Mines Pty Ltd is to go into voluntary administration. The decision follows further...
Fenix joins ITRI
Polish secondary tin producer Fenix Metals has become a member of ITRI. Fenix Metals started its 3,500 tpy capacity refinery in October 2008. It had originally commenced operation in 2004 as a secondary tin smelter and solder producer. The vacuum distillation...
Indonesian exporters object to letters of credit rule
Indonesian exporters of key commodities have objected to a government plan making it mandatory to use letters of credit for export payments, a deputy to the chief economic minister said on Monday. Indonesia wants exporters of coffee, crude palm oil, cocoa, rubber, and...
China imports less metal, more tin concentrates in January
Official customs figures released today show that China imported 843 tonnes of refined tin in January, down by 38% compared to January 2008, but higher than the 527 tonnes imported in December. The main origins of tin imported last month were Singapore, Indonesia,...
Indonesia ministry publishes optimistic tin target
An official report prepared by Indonesia’s Ministry of Energy and Mineral Resources projected a sharp rise in tin production to 105,000 tonnes this year, up from 71,610 tonnes in 2008, according to Reuters. However the projection is simply the sum of production...
Pirquitas tin production to start shortly
Silver Standard Resources reports that it is on schedule to start concentrate production this quarter at its silver-tin-zinc Pirquitas mine in Jujuy, Argentina. The mine will have an annual production capacity of 10 million ounces of silver and some 2,500 tonnes of...
WBMS: tin market deficit in 2008, but consumption down
Preliminary data on world supply and demand in 2008 released by the World Bureau of Metal Statistics (WBMS) yesterday showed that, of the six LME metals, tin was the only one with a supply shortfall. However tin consumption fell more last year than demand for the...
Business as usual as Koba Tin executive is detained
The head of Indonesia's second-biggest tin producer, PT Koba Tin, has been detained for alleged illegal mining, the prosecutors office on the tin-producing islands of Bangka-Belitung told Reuters on Tuesday. Kamardin Md Top, the President Director of Koba Tin, has...