Crusader reports progress on Brazilian project
Perth-based Australian junior Crusader Holdings today reported further exploration results at its Manga project in Goias state, Brazil. Initial rock samples assayed up to 1.6% tin and 777 ppm indium. The project covers a 15 km2 site in north east Goias previously...
Jakarta tin market planned
A senior official in Indonesia’s Ministry of Trade told reporters on Friday that the country plans to establish its own tin market. “We expect within five years to have a Jakarta Tin Market,” Diah Maulida, the ministry's director general of foreign...
New labour agreement at Minsur
Peru’s Minsur SA, which operates the world’s largest tin mine, signed a new labour agreement with its workers on 26 June. Minsur will give 2,100 workers at its San Rafael mine in the southern Andes a daily wage increase of 4.65 soles ($1.47) plus a monthly...
PT Timah dominates 2007 Indonesian tin sales
PT Timah will significantly increase its refined tin sales this year, at the expense of other Indonesian producers. The state-controlled company’s sales of refined tin "may exceed'' 50,000 metric tons this year, more than the company's previous forecast of...
Approval for Scotia mine
Van Dieman Mines announced this week that it had obtained final approval for the development of its Scotia Mine, one of several projects it controls in northern Tasmania. Managing Director Clive Trist commented: "The delay in proceeding has been aggravated...
US government stockpile policy under review
After many years of selling excess metals and other materials, the US government could start adding to its strategic stockpile, according to American Metal Market yesterday. Representatives of the US Defense National Stockpile Center told AMM that it is awaiting the...
Comibol boosts tin production
Production of tin-in-concentrates by Empresa Minera Huanuni (EMH) reached a post-reorganisation record level of 774 tonnes in May. EMH operates the Huanuni mine near Oruro in Bolivia, which took on thousands of ex-cooperative workers last November. "It's a record...
Slower investment growth in Chinese tin sector
Data released by the China Nonferrous Metals Association (CNIA) yesterday shows that although capital spending in the non-ferrous metals sector continues to boom, investment in tin mines and smelters is growing relatively slowly. CNIA reported that fixed assets...
Bolivia denies Glencore compensation claims
Bolivia’s Mining Minister Alberto Echazu told Dow Jones Newswires on Tuesday that the country had no intention of paying Glencore International compensation for the Vinto smelter, nationalised in February. “The government isn’t paying Glencore for...