Minsur reports rising tin production in Peru and Brazil
In an announcement of second quarter consolidated results today, Minsur SA reported that its first half 2014 tin production rose by 8% year-on-year to 14,792 tonnes, with its Peruvian and Brazilian operations both reporting the same percentage increases. Production at...Minsur commits to long-term tin supply
In a key-note presentation at ITRI’s International Tin Conference in Penang, Minsur´s CEO Juan Luis Kruger said that the company was boosting exploration and capital expenditure over the next 3 – 5 years with the aim of consolidating its position as a leading...Peru mine production on the rise
Official statistics from Peru’s energy and mining ministry showed that base metals miners ended 2013 on a high note, with year-on-year rises in December production of copper, lead, zinc and tin. Production of tin-in-concentrates at Minsur’s San Rafael mine...Minsur launches bond issue
Minsur has announced plans to issue up to US$400 million of senior unsecured notes due 2024 as part of its long-term growth and diversification programme. The company has embarked on a roadshow to present its plans to investors in the USA and other countries,...Minsur reports jumps in tin and gold production
Peru’s only tin producer Minsur reported improved third quarter results, based on a recovery in tin production and a faster than expected rise in gold production from its new mine. Minsur’s net profit rose by 28% to US$66.8million in the quarter from $52.2...Minsur expands and diversifies
Peruvian miner Minsur SA , the world’s third largest tin producer, will produce 30,000 tonnes of tin this year, similar to last year’s output, Chief Executive Juan Luis Kruger told Reuters. Kruger also said the company is expanding and diversifying its...Minsur profits fall in first half
Peru’s only tin producer, Minsur SA, reported a 20% drop in first half profit to US$120 million, according to an official filing reported by BNAmericas. The fall was attributed to lower tin production and cost increases associated with the start-up of its...Minsur appoints new CEO
Minsur has appointed Juan Luis Kruger Sayan as its new CEO. Mr Kruger was previously in charge of the Peruvian copper/silver operations of South African miner Gold Fields. The company announced the resignation of Lucio David Pareja Chávez as CEO in January. Kruger...Minsur profits and production decline
Peruvian tin producer Minsur’s net profits fell 82 % year-on-year to US$15.5 million during the third quarter, Business News Americas reported, quoting a company filing with local securities regulator SMV. Operating income fell 68 % to US$43.7million. Revenues...
