Yunnan starts real tin stockpile
The Yunnan government has agreed to buy 6,000 tonnes of tin from Yunnan Tin Company. The metal had already been reserved as part of a short-run stock financing scheme, due to run to the end of December, but this has now been converted into an outright purchase....
Indonesian shipment released
Indonesia has released most of a tin shipment of more than 2,600 tonnes that had been held up for several weeks because of quality issues, trade and customs officials told Reuters on Tuesday. The customs office at Pangkal Balam port, on Indonesia's tin-producing...
Renison ramp-up continues
Metals X reported production of 887 tonnes of tin-in-concentrate from the Renison operation in Tasmania in the quarter to end-December, up from 192 tonnes in the previous quarter. Metals X re-started production at the Renison and Mt Bischoff mines and Renison...
Timah profit and production fell in 2008
PT Timah, the world’s second-biggest tin mining company, said profit last year dropped by about a fifth as production costs rose and output fell, according to preliminary figures from President Director Wachid Usman reported by Bloomberg today. Unaudited net...
Bolivian government supports tin production
A series of recent reports by Business News Americas has detailed efforts by the Bolivian government to support production and employment in all sectors of the tin mining industry in the face of lower prices. Bolivia produces some 16,000 tpy of tin-in-concentrate of...
Peru metals output at record levels
Peru’s mining and energy ministry said on Thursday that the country’s production of copper, zinc, silver and gold reached new record levels in 2008, despite the fall in metals prices in the final quarter of the year. Tin output also increased marginally...
Venture announces major new tin resource
ASX-listed Venture Minerals Limited yesterday announced maiden tin and tungsten resources estimates for the Mount Lindsay magnetite-tin project in north-west Tasmania. The inferred tin resource of 23 million tonnes @ 0.2% tin for 49,000 tonnes of contained tin at...
Indonesia stops tin shipment
The Indonesian Customs and Excise Office, in cooperation with the Trade Ministry, is investigating an attempt to export tin ingots illegally worth up to Rp500 billion (US$44.5 million), Director General of Customs and Excise Anwar Suprijadi told the Antara news agency...
China production slumps in December
Provisional data published by the National Bureau of Statistics today showed that China’s refined tin production fell by 27.6% year-on-year to 8,853 tonnes in December 2008. Production in the full year is reported to have declined by 11.1% to 129,544 tonnes from...