Yunnan Tin announces Indonesian investment
Yunnan Tin Company has announced a joint venture with partners Singapore Tin Industries to set up a 36,000 tpy integrated tin mining, smelting, refining and products operation on Bangka island in Indonesia. According to Metal Bulletin the two companies will build the...
PT Timah to boost smelting capacity
The new President Director of Indonesia’s state-controlled tin company PT Timah today announced plans to spend Rupiah 410 billion (US$ 45 million) this year to expand smelting capacity and repair some of its dredge fleet. Timah’s capital spending will...
PT Yinchenindo receives export licence
PT Yinchenindo Mining Industry (PTYMI) confirmed today that it had been granted a tin export licence by the Ministry of Trade. It is the third company to receive such a licence, following the state-controlled PT Timah and PT Bellitin Makmur Lestari. Both of the...
Bolivia faces marketing problems
Bolivia’s new mining minister Alberto Echazu has confirmed that the country has been unable to export most of the tin produced by the Vinto smelter since it was nationalised in February. In an interview published in the La Prensa newspaper on Tuesday, he said...
China-Australia tin exploration venture launched
New South Wales-based company YTC Resources is seeking to raise A$3.5 million to explore tin and copper-gold projects near its Orange, NSW base. An initial public offering of 14 million shares at A$0.25 per share will open on 12 April, with proceeds to be used...
Vinto maintains tin output
The Vinto tin smelter in Bolivia has to date maintained output at pre-nationalisation levels, according to the state news agency API. March output of refined tin was 966 tonnes, 14% higher than in March last year but slightly lower than the average monthly rate of...
Kasbah seeks funding for Moroccan tin projects
West Perth-based tin and tungsten exploration company Kasbah Resources Ltd plans to raise A$10 million to fund feasibility studies on its Moroccan tenements. An initial public offering of 40 million shares at A$0.25 per share opened on Monday and is due to close on 5...
PT Timah 2006 results boosted by strong fourth quarter
Indonesia’s state-controlled tin company PT Timah reported a 94% increase in its net profit to Rp 208.2 billion (US$ 22.7 million) in 2006, helped by a sharp improvement in volumes and margins in the final quarter of the year. The company’s net profit in...
PT Yinchenindo hopes to jump approval queue
The Belitung-based smelter PT Yinchenindo Mining Industry (PTYMI) hopes to be the third Indonesian company to be granted a tin export licence by the Ministry of Trade. So far only state-controlled PT Timah and another independent Belitung company, PT Bellitin Makmur...