China’s tin production rose 7.4% in 2007
Provisional non-ferrous metals production figures released by China’s National Bureau of Statistics today show that refined tin production rose by 7.4% to 149,102 tonnes last year. December output was reported at 12,682 tonnes, 2.3% up on a year earlier. ITRI...
Wolf advances Hemerdon project
ASX-listed Wolf Minerals has commissioned several companies to update information on the Hemerdon Ball tungsten-tin project in Devon, UK with the aim of bringing the mine into production “as soon as possible”. A new JORC-compliant resource estimate will be...
Mixed views on price outlook
In the latest survey of LME metals price forecasts published by Reuters yesterday the average of 29 analysts’ forecasts of the tin price in 2008 was US$15,387/tonne, 6% higher than last year’s actual average of $14,542/tonne, but lower than recent levels....
China remains net importer
China narrowly remained a net importer of tin in December, according to official customs statistics reported by Reuters today. December exports of refined tin and alloys amounted to 1,351 tonnes, while imports were 1,389 tonnes. Compared to December 2006 volumes,...
Dip in Huanuni output
Tin production at Bolivia’s largest mine declined to 502 tonnes of tin-in-concentrate in December, well down on the record level of 823 tonnes achieved in November. The dip was due to a strike and other problems and is expected to be reversed this month. Average...
Metals X raises cash for Renison
Metals X announced on Friday that it had raised A$59.4 million in a new share placement with two Chinese groups. Existing major shareholder Jinchuan Group is to inject A$17.7 million for 59 million shares at $0.30 per share, while APAC Resources will contribute A$41.7...
Fall in Vinto tin production
Tin production at the Vinto metallurgical complex (CMV) in Bolivia dropped to 9,000 tonnes in 2007, deputy mining minister Pedro Mariobo told BNamericas. However, the official said that in 2008 the quality of the ore received from Comibol’s Huanuni mine will...
Timah forecasts strong sales
After rising by 35% to 58,000 tonnes in 2007, PT Timah’s refined tin sales are forecast to remain at the same level in 2008. The Indonesian state-controlled tin company’s sales numbers were provided to Dow Jones today by President Director Wahid Usman....
China issues tin export quotas
China’s Ministry of Commerce has issued a first batch of export quotas for 2008 for tin and other metals. The initial allocation of tin quotas is for 15,967 tonnes, of which Yunnan Tin Company has been given 9,332 tonnes. The total quota for primary tin and tin...