Minsur Q3 revenue surges on higher tin production
Peruvian refined tin producer Minsur has reported third quarter group revenue of US$322.6 million, up 19% year-on-year, driven by higher tin production on improved grades. Minsur’s tin metal output from its Pisco smelter was 8,699 tonnnes, up 7% from the same quarter...Global tin production falls in 2024 on supply disruptions
2024 saw global refined tin production of 371,200 t, representing a decline of 2.7% from 2023. Approximately 63% of this tin originated from just ten leading smelters, whose collective output increased by 14,300 t (7% year-on-year). The top three producers remain...Minsur to sell Taboca to China Nonferrous Metal Mining Group
Peru’s Minsur S.A. is to sell its Brazilian subsidiary Mineração Taboca, which operates the Pitinga mine and the Pirapora smelter, to China Nonferrous Trade Co. Ltd., a subsidiary of China Nonferrous Metal Mining Group Co. (CNMC). The agreement signed on 26 November...Global tin production sees modest decline in 2023
2023 saw global refined tin production of 370,100 t, representing a decline of 2.1% from 2022. Approximately 59% of this tin originated from just ten leading smelters, whose collective output increased by 856 t. The top two producers remain unchanged, with Yunnan Tin...COVID prevention sees Minsur output fall
Production at Minsur’s Peruvian operations fell in the first quarter following smelter maintenance and COVID preventative measures. Minsur is one of the world’s largest tin producers and operates the San Rafael tin mine and B2 tailings reprocessing project...YTC comes out top in difficult year for tin producers
2020 was a difficult year for tin producers. In many countries, the spread of the coronavirus saw lockdown measures that closed smelters and halted production. In total, ITA estimates that 327,200 tonnes of refined tin were produced in 2020. This was a nearly 8% drop...Minsur increases production in 2020 despite mine closure
New data from the Peruvian Ministry of Energy and Mines indicates that production at Minsur’s San Rafael mine fell some 3% in November. The monthly Mining Statistics Bulletin (Boletín Estadístico Minero in Spanish) details mine production for all minerals in the...Minsur results recover from COVID impact
The latest quarterly report from Minsur indicates that the company quickly recovered from the impact of the coronavirus, which closed its operations in the second quarter. The report for the third quarter of 2020 indicates that tin production at San Rafael, the...Minsur reveals extent of COVID impact
Minsur felt the full impact of COVID-19 during the second quarter, its recent earnings report revealed, with tin production falling over 35%. Combined with lower gold and ferro-alloy output, this saw the company’s revenue fall by some 45%. During the quarter,...
