Indonesian shipments lower in November
Refined tin shipments from Indonesia, the world’s largest exporter, fell in November, the first decline in three months, after rain hampered production, Bloomberg reported. Exports declined 28% to 7,946 tonnes from 11,048 tonnes in October, data from the Trade...Timah reveals production and investment plans
Indonesia’s state-controlled tin company PT Timah expects refined tin output to drop to 29.000 -30,000 tonnes this year and remain steady in 2013 as it limits production to boost profits amid weak tin prices, President Director Sukrisno told news agencies and...Mystery boom in Indonesian shipments
Latest preliminary data for Indonesian exports indicate a very high level of shipments in October, despite reports of falling production there. The tonnage of tin checked prior to shipment by surveying companies working for the trade ministry amounted to 11,048 tonnes...Stratos acquires majority stake in Indonesian producer
Listed Australian gold explorer Stratos Resources is to acquire a 60% share in Yinchen, an Indonesian private smelter with associated mining leases on Belitung island. The Yinchen smelter was established eight years ago and historically produced 300 – 500 tpm of tin,...Timah production slumps as operations are reorganised
Indonesia’s PT Timah reported a significant fall in its mine and refined tin production in the first three quarters of 2012 and warned that adjustments to its mining operations required by law from 1 October would have a further adverse impact on productivity in...PT Timah looks at Myanmar investment
Indonesia’s state-controlled tin company PT Timah has asked the government of Myanmar for a mining licence as it seeks to boost revenue and reserves, its chief executive told Dow Jones Newswires. “We expect to start operations in Myanmar from next year...Indonesian shipments bounce back
There has been a strong recovery in Indonesian exports in September, following a drop the previous month due to low prices and religious holidays. The tonnage inspected prior to shipment by surveying companies working for the trade ministry was 9,874 tonnes in...Timah plans closer controls on small mines
Indonesia’s PT Timah is assessing the work of independent miners that operate in its concessions to ensure adequate ore supplies, a spokesman told Bloomberg. Timah will survey 1,300 small miners and request they re-apply for permits that include an output target...Indonesian shipments plunge in August
Preliminary trade ministry data on the volume of tin metal checked prior to export from Indonesia indicated a very sharp fall in shipments last month. The tonnage inspected by surveying companies working for the ministry was 5,646 tonnes, 34% lower than in August...
