Koba decision still awaited
Malaysia Smelting Corporation’s 75%-owned subsidiary, PT Koba Tin is still awaiting a decision from the Indonesian government on its application for a 10-year extension of its contract of work in Indonesia which expired on March 31, 2013. In a statement to Bursa...Timah wants good monitoring of new export regulation
In an interview with Bloomberg News, PT Timah President Director Sukrisno said that the state-controlled company can meet new quality regulations for refined tin exports due to come into force on 1 July and wants the authorities enforce them strictly. The company...Indonesian exports rebound in May
After a slight slowing in pace in April, Indonesian tin exports surged again in May, according to latest preliminary data released by the trade ministry today. The quantity of tin checked prior to shipment last month was 9,242 tonnes, up by 18% on the previous month...More worker protests in Bangka
Around 2,000 small-scale traditional miners held a rally today in front of PT Timah’s head office in Pangkalpinang, Bangka island, Bloomberg reported. The demonstration seems to have been in response to one by PT Timah workers calling for action to halt illegal...Indonesian April exports slightly slower
Provisional data released by the trade ministry today shows a 15% fall in the tonnage of tin checked prior to export compared to March, although the April volume of 7,853 tonnes was still 4.9% higher than in April last year. Cumulative tonnage in January-April amounts...Timah production slumps
Production of tin-in-concentrate by Indonesia’s PT Timah fell by 42% year-on-year to 4,312 tonnes in the first quarter of 2013. While offshore production by the company’s dredges was relatively stable, declining by 15% to 3,681 tonnes, onshore production...MSC results hit again by Koba problems
Final audited results for 2012 announced by Malaysia Smelting Corporation on 29 April showed much larger losses than the unaudited figures released at the end of February, reflecting further provisions for the expiry of 75%-owned subsidiary PT Koba Tin’s...Timah moves forward on Myanmar exploration
Speaking to the Jakarta Post at PT Timah’s annual shareholders meeting yesterday, the company’s President Director Sukrisno gave a progress report on plans to establish a tin business in Myanmar. For its expansion to Myanmar, Timah has secured a...Koba contract renewal decision delayed
The Indonesian government has yet to renew the tin mining contract of work for Malaysia Smelting Corporation’s 75%-owned subsidiary, PT Koba Tin. The CoW expired at the end of March. In a statement to Bursa Malaysia MSC said PT Koba Tin has received notification...
