YTC reports big increases in tin products sales
Yunnan Tin, China's largest tin producer, has reported rapid increases in its production of tin chemicals and semis during the first nine months of this year. Production of tin chemicals rose by 23% to 5,236 tonnes, while output of tin semis (mainly solders)...
Funsur smelter production back to normal
The Funsur smelter near Pisco, Peru, has been operating normally since mid-September, following the major earthquake that hit the area on 15 August. Refined tin production in the nine months to September amounted to 24,265 tonnes, 20.7% down on the same period of...
Renison mine to re-open
Metals X Limited announced today that it is to re-open the Renison mine in Tasmania, which has been on care and maintenance for the last two years. The announcement follows the belated granting of a permit to develop the nearby Mt Bischoff mine. The company will...
Yunnan Tin’s profits surge
Yunnan Tin Company reported an almost four-fold increase in profits in the first nine months of 2007. Net income rose to 454 million yuan ($60 million), or 0.85 yuan a share, compared with 120 million yuan, or 0.22 yuan, a year ago, the Yunnan-based company said on 12...
Vinto compensation talks to resume
Talks between Glencore International and the Bolivian government over compensation payments related to the nationalisation of the Vinto smelter are expected to resume shortly, according to BNAmericas. Negotiations were broken off in early September when the government...
STI confirms production shortfall
Singapore Tin Industries (STI) confirmed on 11 October that its production in 2007 will fall well short of its original target of 18,000 tonnes. “For this year, our maximum production will be between 6,000 and 7,000 tonnes,” director Petrus Tjandra told...
Analysts increase long-term metal price forecasts
A poll of 13 analysts, mainly at large banks, published by Reuters at the start of London Metal Exchange week, shows that many of them have revised upwards their forecasts of long run metals prices. The LME metals subject to the largest upward revisions are lead,...
Pirquitas mine to start production by end-2008
Canadian based Silver Standard Resources this week confirmed the timetable for construction of its Pirquitas silver/tin/zinc mine in Argentina. "By the fourth quarter in next November to December we hope to be able to commission the mill and then we'll commence...
US stockpile review calls for big changes
A review of the US Defense National Stockpile Center carried out by the National Research Council has recommended a new approach to the management of the nation’s defence material needs. The DNSC currently holds stocks of a range of materials, including tin, but...