Chinese shareholder reports rising H1 production and likely loss at Renison
In a series of announcements to the Hong Kong Stock Exchange, L’Sea Resources International reported an increase in first half production at its 41% owned Renison tin mine in Tasmania but also issued a profit warning. Based on un-audited figures, June production of...
Fifth tin brand listed by Shanghai exchange
The Shanghai Futures Exchange (SHFE) has recently listed a fifth Chinese producer's brand, adding to the four brands from major domestic producers (Yunnan Tin, China Tin, Yunnan Chengfeng and Gejiu Kaimen) which were registered at the time of the launch of the new tin...
Production stabilising at San Rafael mine
Latest mine production statistics released by Peru's energy and mines ministry on Tuesday show that production at Minsur's San Rafael mine, the country's only tin operation and the world's largest, was 1,622 tonnes of tin-in-concentrate. While this was down by 14.3%...
Another big month for Indonesian exports
Preliminary data provided by the trade ministry to news agencies yesterday indicated that Indonesian tin exports in June were more than double the 4,000 tpm "cap" announced by major producers and the governor of Bangka-Belitung in early May. Based on pre-shipment...
W Resources offers shares following Definition Study at La Parilla
AIM-listed W Resources hope to raise approximately £1.2 million from a share offering in order to fund development of its wholly owned La Parilla tungsten-tin tailings project in Spain. The share offering follows the recent completion of a comprehensive study at the...
Myanmar mining ministry shortens list of prospective smelter partners
Myanmar's Ministry of Mining has narrowed a selection of prospective partners for its tin smelter to just seven local and foreign companies, according to an official from the state-run enterprise. The No.2 Mining Enterprise under the Ministry invited expressions of...
Wolf processes first ore at Hemerdon
Dual-listed Wolf Minerals Ltd. (ASX:WLF, AIM:WLFE) has processed the first ore at the plant of its £130 million Hemerdon tungsten and tin project near Plymouth, UK, as wet commissioning gets underway. The wet commissioning process involves extensive testing of plant...
China refined tin imports drop sharply in May
China refined tin imports dropped 69% from 1,070 tonnes in April to 333 tonnes in May. The May figure also represents a 48% reduction compared to the same month of 2014. Although the arbitrage gap was wider than in April, a lack of market interest and sufficient...
Korea stockpile purchases this year now up to 1,000 tonnes
At its fifth tender for tin this year on 16 June South Korea's Public Procurement Service (PPS) bought 200 tonnes of MSC brand standard grade 400 ppm lead tin at a c.i.f premium of US$325 to the LME price. Cumulative purchases to date in 2015 now amount to 1,000...