Tinka widens tin footprint at Ayawilca
Canada-listed, Tinka Resources Limited (TSXV: TK) has announced the final results of the 2015 drill programme at its Ayawilca project in central Peru, which reveals further promising tin mineralisation, alongside zinc, silver and copper. While zinc mineralisation...
China tin producers announce co-ordinated production cuts
China's nine major tin producers, including the world's largest supplier Yunnan Tin Company, announced today that they would reduce their combined production by some 17,000 tonnes or 12% year-on-year in 2016 in response to adverse market conditions. The industry in...
Expected production and price increases support Minsur credit rating
Minsur's tin production from its operations in Peru and Brazil is forecast to increase from some 26,000 tonnes in 2015 to close to 30,000 tonnes in 2017 in a new analysis by Fitch Ratings. Fitch affirmed a BBB- rating on Minsur bonds, with a stable outlook. In a...
Low prices and permit issues limit Indonesian sales
PT Timah may slash sales to less than 500 tonnes per month while other Indonesian producers are limited by "quota" restrictions. PT Timah corporate secretary Agung Nugroho told Metal Bulletin that the fall in tin prices has forced it to slash sales to less than 500...
Renison production broadly unchanged in 2015
Unaudited December production for the Renison mine in Tasmania was released yesterday by 41% shareholder L'sea Resources International Holdings. Production in the last month of 2015 was reported at 645 tonnes of tin-in-concentrate, up by 22.2% on the same month of...
Indonesian tin shipments lower in December
Preliminary data released by the trade ministry today puts December tin exports at 5,804.95 tonnes, down by 43.7% compared to an unusually high December 2014 figure. The data is based on pre-shipment checks made by surveyor companies as part of the ministry's export...
Bolivian tin production increases despite Huanuni losses.
Bolivia's refined tin production from January to September 2015 totalled 11,500 tonnes, up 1.3% year-on-year, despite financial problems in the country's tin mining sector, according to local news sources. Whilst the Colquiri tin-zinc mine and Vinto smelter recorded...
China prices rebound as production is cut
China domestic tin prices have soared by more than 20% in the past 10 days. The big differential which had emerged between prices on the Shanghai Futures Exchange (SHFE) and LME encouraged arbitrage buying on SHFE, forcing covering of speculative short positions. The...
NAE announces updated mineral resource at Redmoor
Australian-based New Age Exploration Ltd. (ASX: NAE) has released an updated, JORC-compliant, inferred mineral resource for its Redmoor tin-tungsten & copper project in south east Cornwall, UK, totalling 13.3 Mt of ore at 0.21% Sn, 0.16 % WO3 and 0.32% Cu. The...