Minsur profits decline

Aug 8, 2012

Minsur SA said second-quarter profit fell to 61.7 million soles ($23.5 million) compared with 117.6 million soles in the same quarter a year earlier. The decline was attributed to lower tin prices and weaker sales volumes. Second-quarter net sales were 183.7 million...

Minsur production below plan

Jul 25, 2012

Latest official mine production figures released by Peru’s Mines and Energy Ministry on Monday show that tin production in May was 2,170 tonnes, 0.5% lower than in the same month of last year. Cumulative production in the first five months of this year amounted...

Minsur production falling

May 10, 2012

Official March mine production data released by Peru’s mining ministry showed increases in output of most base and precious metals, with the exception of tin. March tin production was reported at 2,294 tonnes, down by 6.6% compared to the same month of 2011....

Minsur to acquire copper business

Apr 30, 2012

Minsur SA, Peru’s only tin producer, plans to acquire a controlling stake in Marcobre, which is developing a substantial copper project in Ica province, also the location of Minsur’s Ausmelt tin smelter, local newspaper Gestión reported. Minsur investment...

Minsur production and profits fall in 2011

Feb 22, 2012

Peru’s only tin producer Minsur SA reported a 27% fall in net profits and a 16% drop in refined tin production last year, with a particularly sharp drop in profits in Q4. Net profit plunged 90% year-on-year in October-December to 24.8 million soles (US$9.24...

Peru November production falls

Jan 5, 2012

Peru’s mining ministry released official mine production figures this week showing that the country’s output of most metals except copper declined in November. November tin-in-concentrate production was 2,393 tonnes, 2.3% lower than in November 2010. All...

Minsur to boost Brazil production

Dec 8, 2011

Minsur SA, the world’s fourth-largest tin producer, aims to quadruple production at the Pitinga mine in Brazil in four years, Chief Executive Officer Lucio Pareja told Bloomberg. Pitinga “should be reaching the 10,000 tonnes per year level...

Peru tin production lower

Oct 5, 2011

Latest mine production figures released by Peru’s Mines and Energy Ministry showed higher copper and gold production in August, but lower output of tin, lead, zinc and silver. August production of tin-in-concentrate from Minsur’s San Rafael mine in Puno...