Huanuni receives $20 million loan for mine operations

An agreement has been signed between the Bolivian Ministry of Mining and Empresa Minera Huanuni for the injection of US$20 million into the mining company to purchase essential supplies and pay off debt of approximately $17 million with its suppliers, according to...

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...

Bolivian tin deal announced

Bolivian President Evo Morales has announced the agreement of a US $106 million deal between the state mining company Comibol and ThyssenKrupp of Germany to supply 13,200 tonnes of tin over two years from 2016. He was speaking at a televised news conference on...

Huanuni reports first half deficit of US$ 8 million

The Bolivian state-run tin mine, Huanuni, has reported an operational deficit of US$ 8 million for the first half of 2015 due to high labour costs and the low tin price, despite a cost cutting drive following poor financial performance at the beginning of the year,...