PT Timah production slumps in first quarter
Indonesia's state-controlled tin company PT Timah reported a sharp fall in its mine and refined tin production in the first quarter of 2016, although a drawdown in stocks allowed a small increase in its sales. Production of tin-in-concentrates in Q1 fell by 49%...
ITRI report reassures on long term tin supply
ITRI has released its "2016 Report on Global Tin Resources and Reserves" which outlines ITRI's estimate of global tin resources at the end of 2015, with commentary and outlook for the important tin producing regions of the present, and potentially the future. The...
Another slow month for Indonesian exports
Preliminary figures released by the trade ministry to news agencies today showed that March tin exports from Indonesia were only 2,719 tonnes, down by 61% compared to March 2015. The data is consistent with the volume of refined tin traded on the ICDX last month,...
Access to Minsur mine blocked
Minsur announced late yesterday that members of the Antauta community, located next to its San Rafael mine in Peru, have blocked the access road to the mine. In a statement the company said that "to date, the company has not received any communication from the...
Huanuni receives $20 million loan for mine operations
An agreement has been signed between the Bolivian Ministry of Mining and Empresa Minera Huanuni for the injection of US$20 million into the mining company to purchase essential supplies and pay off debt of approximately $17 million with its suppliers, according to...
Alphamin publish full DFS study for Bisie
Canada-listed Alphamin Resources Ltd. (TSX-V: AFM) has published the full, NI 43-101compliant, Definitive Feasibility Study (DFS) for its Bisie tin project, in North Kivu, DR Congo. The study, led by MDM Engineering, concludes that the project is economically viable,...
Strongbow set for South Crofty acquisition
Canada listed Strongbow Exploration Inc. (TSX-V:SBW) has announced that it has reached an agreement whereby it has the right to acquire a 100% interest in the South Crofty tin project and its associated mineral rights, in Cornwall, UK The present owner, Western United...
Myanmar tin ore exports plummet in February
Latest official customs statistics released by China yesterday showed that the country's tin ore and concentrate imports from Myanmar totalled just 8,641 tonnes (gross weight) in February 2016, down 88% from 72,436 tonnes in January and down 53.0% year-on-year. The...
South Korea makes first tin stockpile purchase of 2016
South Korea's Public Procurement Service (PPS) made its first tin purchase this year on 15 March, buying 200 tonnes of standard grade low lead MSC metal by tender from Daewoo International at a c.i.f. premium to the LME price of $494. This is the first time that the...