Shanghai Future Exchange will launch tin trading on 27 March
Shanghai Futures Exchange will launch new tin and nickel contracts on 27 March and has already got the approval from China Securities Regulatory Commission. SHFE now has a range of non-ferrous metals futures contracts for copper, aluminum, lead, zinc, nickel and tin,...
Kasbah completes enhanced DFS
Australian based Kasbah Resources (ASX-KAS) has completed an Enhanced Definitive Feasibility Study (DFS) for its Achmmach tin project in Morocco, cutting costs and increasing potential production. The updated DFS outlines production of a 1Mtpa underground mine,...
Treliver reports new Tellerhäuser resource
UK based Treliver Minerals Ltd. has announced a JORC compliant, indicated and inferred mineral resource of 22.1 Mt of ore at 0.46% Sn, or 101,500 tonnes of contained tin, for its Tellerhäuser project in Saxony, Germany. The resource estimation, undertaken by...
PT Timah reverses decline
Indonesian state tin company PT Timah today reported big increases in production and profits in 2014. Mine production of tin-in-concentrate rose by 23% year-on-year to 32,319 tonnes, while refined tin production grew by 16% to 27,550 tonnes. Net profit rose to Rp 638...
Discussion on proposed Indonesian cut-back continues
There is some possibility of a reduction in sales by Indonesian tin producers, but details and timing remain to be decided. Following an earlier meeting on 27 February involving 25 smelters organised by Bangka-Belitung Governor Rustam Effendi, a working group...
Elementos defines higher grade open pit resource
Australian listed Elementos Ltd. (ASX-ELT) has undertaken a review of the JORC compliant, hard rock, mineral resource at its Cleveland tin-copper project, in north-west Tasmania, to assess the potential for partial exploitation via an open pit operation. As a result,...
Brazil boosts Minsur production in 2014
Minsur's Q4 2014 consolidated results reveal a 3% increase in total tin production from its Brazilian and Peruvian operations to 29,234 tonnes in 2014 compared to the previous year. This is despite a 5% fall in tin production in Q4 2014 to 7,734 tonnes from the same...
Gippsland agree financing deal for Abu Dabbab
Australian listed Gippsland Ltd (ASX:GIP) has signed a conditional US$7 million financing agreement with Taiwan based Foxxtel Inc, associated with Egyptian businessman Mr Ashraf Henin which, if completed, will fund the first development stage of its Abu Dabbab...
Indonesian tin shipments plan still unclear
Following a meeting on Friday called by the Governor of Bangka-Belitung province, Rustam Effendi, Indonesian tin exporters are continuing to discuss whether or how to manage their sales in order to support tin prices. Bloomberg reported that the 25 companies involved,...