Korea stockpile announces latest tin tender result
South Korea's Public Procurement Service (PPS) bought 200 tonnes of standard grade MSC tin from Daewoo at its latest tender on 12 May, at a US$288 c.i.f. premium to the LME price. This is the fourth tin tender so far in 2015, with cumulative purchases to date now...
CSD progresses Gillian DFS with metallurgical pilot studies
ASX-listed Consolidated Tin Mines Ltd. (CSD) has released an update on the progress of the DFS study for the Gillian deposit of its Mt Garnet tin project in north Queensland, Australia. The update outlines pilot schemes for the optimisation of the tin roasting and...
Minsur production and revenue fall in Q1 2015
Minsur has published its 2015 first quarter results which reveal a 31% year-on-year fall in tin production at its Peruvian operations to 4,776 tonnes in Q1 and a 43% decrease in net revenue from tin operations to US$ 105.2 million. The lower tin production was a...
Indonesian April exports down, with further fall predicted by Babel governor
Preliminary data released by the Indonesian trade ministry today shows April tin exports at 5,071 tonnes, down by 2.8% compared to April last year, based on pre-shipment checks by surveying companies. The data appeared shortly after Bangka-Belitung Governor Rustam...
Yunnan Tin stops production for maintenance for 45 days
Yunnan Tin announced that it had stopped production for maintenance at its main smelter in Gejiu from 27th April. It is the second major producer in China to announce a production halt in April. The country's third largest producer, China Tin, has halted its...
Cinovec scoping study completed
ASX-listed European Metals Holdings Limited has announced the completion of the scoping study for its Cinovec lithium-tin-tungsten project in the Czech Republic which suggests the project can be technically and economically viable. Cinovec now has a Maiden Indicated...
Metals X reports planned lower production in Q1 2015
Australian tin producer, Metals X, has reported reduced production at its 50%-owned Renison mine in Tasmania of 1,578 tonnes of tin in Q1 2015, down 19% on final quarter of 2014. Production fell due to lower throughput and head grades of 156,642 tonnes of ore at...
Major Indonesian producers comment further on planned cuts
Following initial announcements made last Friday, spokesmen for the two largest Indonesian tin producers provided further information on their immediate plans to Reuters and Bloomberg on Tuesday and Wednesday this week. PT Timah Corporate Secretary Agung Nugroho told...
Short-term price outlook – points to watch
The collapse in LME tin prices at the end of last week to a temporary low of some $13,600/t on Friday morning was the culmination of a downward trend that set in from the middle of last year. Eventually the price spiralled downward as market sentiment became very...