Expected production and price increases support Minsur credit rating

Minsur’s tin production from its operations in Peru and Brazil is forecast to increase from some 26,000 tonnes in 2015 to close to 30,000 tonnes in 2017 in a new analysis by Fitch Ratings. Fitch affirmed a BBB- rating on Minsur bonds, with a stable outlook. In a...

Minsur production falling

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 production and profits fall in 2011

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

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...

Peru tin production lower

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...