Timah sees falling production, reduced spot sales
Indonesia's PT Timah may not be able to produce 50,000 tonnes of tin this year as dry weather hampers operations, its president said on Thursday. The company reported record levels of tin-in-concentrate and refined tin of over 58,000 tonnes in 2007. “We are...
Yunnan Tin production losses
Yunnan Tin, China's main tin producer, will lose about 3,000 tonnes production in total in July-August due to a scheduled maintenance shutdown of its main Gejiu smelter, Reuters reported. Separately, its joint venture company, Singapore Tin Industries Pte Ltd,...
Indonesia to cap supply
Top Indonesian tin officials in both the federal and Bangka-Belitung provincial governments have described plans to limit tin supply in interviews with Bloomberg News. The federal government plans to cap production of five minerals including tin to extend mine life...
Thai tin project revived
Thailand’s last major tin mining company, Tongkah Harbour Limited, is looking to resume offshore dredging operations, which it suspended in 2005. The company, which is also involved in gold mining, quarrying and property development, reported a first half net...
Huanuni strike over
The two week strike at the state-owned Huanuni mine in Bolivia ended on Thursday. Last week two Huanuni miners were killed when police broke up a roadblock supporting the action. “This morning we had a meeting ... and workers decided to start again on...
Olympics cut China’s metals production
China’s production of all LME metals fell year-on-year in July, reports Bloomberg, reflecting low seasonal demand and power restrictions. Year on year declines ranged from 0.3% for copper to 34% for tin. Some Chinese aluminum, lead and zinc producers agreed in...
Paranapanema completes restructuring, appoints new CEO
Brazil’s diversified Paranapanema group announced yesterday that its re-capitalisation progamme will be completed by the end of August. It has also appointed Luiz Antonio de Souza Queiroz Ferraz Jr as CEO, replacing Geraldo Haenel, who is leaving the company. Mr...
Indonesian exports jump in July
Tin exports from Indonesia rose 81% in July from the previous month, provisional trade ministry data released on 6 August showed. Indonesia shipped 9,883 tonnes of refined tin valued at $220.62 million last month, compared with exports of 5,461 tonnes worth $116.8...
Guangxi non-ferrous metals producers merge
Six state-owned non-ferrous metals companies in Guangxi, including Liuzhou China Tin, were formally merged into Guangxi Nonferrous Metals Group at the end of July. "Guangxi Nonferrous will specialize in the development of non-bauxite mineral resources, including...