Downstream investment by PT Timah
Indonesia’s state-controlled tin company PT Timah is to invest US$50 million in the production of downstream products. The feasibility study for such industries had already been conducted and a memorandum of understanding had already been signed with an un-named...
Indonesian exports drop in November
Indonesia’s Ministry of Trade today released preliminary figures indicating a drop in tin exports last month, based on reports by the two surveying companies which check tin prior to shipment. The volume checked for shipment in November was 8,295 tonnes, Hartojo...
STI reports December Bangka shipments
Singapore Tin Industries (STI) was due to receive a shipment of 500 tonnes of tin for refining from Indonesia this week and expected to ship another 200 tonnes in mid-December, according to Metal Bulletin. The first shipment includes 150 tonnes from its new PT Bangka...
Wolf Minerals to revive Hemerdon project
Australian junior Wolf Minerals has acquired the Hemerdon tungsten-tin deposit in Devon, UK and plans to re-activate the project. Wolf has been negotiating the acquisition since June, during which time trading in its shares on the Australian Stock Exchange have been...
Timah to increase production
Indonesia’s PT Timah plans to produce and sell 60,000 tonnes of tin in 2008, Finance Director M Krishna Syarif told reporters in Jakarta today. Production in 2007 is estimated to be between 57,000 – 59,000 tonnes according to reports by Bloomberg and...
New capex and reserve estimates for Pirquitas project
Silver Standard Resources Inc has published new figures on its Pirquitas silver-tin-zinc project in Argentina, following the revision of a previous feasibility study. Capital costs of the project are now estimated at US$220 million, substantially greater than the...
Collingwood mine continues to under-perform
Metals X, which plans to reactivate the Renison and Mt Bischoff tin mines in Tasmania next year, continues to face operating problems at its Collingwood mine in northern Queensland. Production from the mine in the July-September quarter was only 391 tonnes of...
Indonesian tin quota proposal
The governor of Bangka-Belitung province told a news media briefing in Jakarta today that a proposal to introduce tin export quotas from next year has been submitted to Indonesia’s president by the Energy and Mineral Resources Ministry. The ministry “has...
China remains net importer in October
Official Chinese customs figures released today showed that the country remained a net importer of unwrought tin last month. Exports of refined tin and alloy were only 733 tonnes (56.3% lower than in October 2006), while imports were 2,469 tonnes (59.1% higher than...