Tinka reports first tin resource at Ayawilca
Canada-listed Tinka Resources Limited (TSXZ: TX) has announced a maiden inferred tin resource at its Ayawilca zinc project in Central Peru of 5.4 Mt at 0.76% Sn, or 41,000 tonnes of contained tin. The Tin Zone also includes copper and silver mineralisation with...
JV agreed for Redmoor project
New Age Exploration ("NAE"), have announced the signing of an earn-in agreement with AIM-listed Strategic Minerals Plc ("SML"), whereby SML can earn up to 50% interest in the Redmoor tin tungsten project in south east Cornwall, UK, for a total consideration of A$2.1M....
KLTM adds brands and new member
The Kuala Lumpur Tin Market, the oldest physical tin market in Asia, has expanded its range of registered tin brands as of May and will welcome a new member company, BTG Pactual Commodities Singapore, from 15 June. KLTM was established as the successor to the 75-year...
Myanmar tin ore trade still booming
Latest China customs data released yesterday shows imports of tin ore and concentrates at 46,197 tonnes gross weight in April, or an estimated 5,500 tonnes contained tin. The April total was similar to the previous month's figure, but up by 40% compared to April 2015....
MSC reports positive Q1 results
Malaysia Smelter Corporation Bhd. (MSC) has released its Q1 financial results showing a net profit of 24.9 million RM (US$ 6.0 million) due to higher refined tin sales and valuation adjustments as a result of higher tin prices at the end of the quarter. The net profit...
Tin explorers present updates on project progress in Lima
On the 27 April four members of ITRI's Explorers and Developers group presented updates on the progress of their individual tin projects as part of ITRI's 2016 International Tin Conference in Lima, Peru. The presentations made by Alphamin Resources, Avalon Advanced...
Indonesia ministry audits reveal tin smelting over-capacity and poor supervision
At a press conference in Jakarta yesterday the Ministry of Energy and Mineral Resources announced results of audits of tin smelters in Bangka Belitung and Riau islands carried out since March. It concluded that capacity utilisation had been only 21% in 2015 and that...
Minsur on track on 2016 production plans
Despite a 11% year-on-year fall in first quarter tin production at its operations in Peru and Brazil, Minsur says it is on track to produce 26,000 – 28,000 tonnes of refined tin this year. Announcing its first quarter results the company pointed to a new ore sorting...
ITRI MD joins LME Tin Committee
ITRI's Managing Director David Bishop is to join the London Metal Exchange Tin Committee as part of a re-shuffle of membership that has taken place ahead of its next scheduled meeting in June. The Tin Committee is one of a set of metal-specific advisory groups which...