PT Timah establishes JV to produce Nigerian tin

Indonesian state-owned tin miner PT Timah has signed a joint venture (JV) agreement with Nigeria-based Topwide Ventures Limited with the intention of developing a tin mining site in the African country. The two companies intend to jointly conduct a feasibility study,...

PT Timah maintains strong performance in Q3

State-owned Indonesian tin producer, PT Timah, has reported refined tin production of 7,932 tonnes for Q3 2017, effectively unchanged from Q2, but up 22.5% year-on-year. Mined tin output fell 7.5% to 7,776 tonnes from the previous quarter, but was up 13.3% on the...

PT Timah excels in H1

The Indonesian state-owned tin producer, PT Timah, has announced a 57% year-on-year increase in refined tin production to 14,905 tonnes in the first half of 2017, with Q2 refined tin output at its highest level since Q4 2014 at 7,942 tonnes. The increase in refined...

Timah report improved financials for 2016

The Indonesian state tin company, PT Timah, reported a 148% increase in profits to Rp 251.97 billion (~US$18.9 million) in 2016, despite a fall in mine and refined tin production to 24,121 and 23,756 tonnes respectively, according to an official press release by the...

PT Timah renews commitment to tin industry body ITRI

Indonesian tin producer PT Timah has renewed its commitment to the global tin industry association ITRI as a key step forward in its mission to be a leading mining company in a world increasingly driven by sustainability issues. Representing the world’s major...

Timah production recovers in Q3

Indonesia’s state-controlled tin company, PT Timah, has reported strong operational and financial results in Q3, aided by the rising tin price, although total production for the first 9 months of the year still lags behind 2015 levels. Q3 mine production rose 9%...

Timah reports lower production and revenues in H1

The Indonesian state-run tin company, PT Timah, has reported a fall in production, stocks and revenue in its 2016 first half financial report, despite a reduction in costs and rise in average tin prices during the period. The company reported that its first half...

Timah cuts 2016 production forecast

Indonesian state-controlled tin producer PT Timah will not meet its original production target of 30,000 tonnes this year. The company’s corporate secretary, Agung Nugroho, told Reuters today that output is now likely to be between 24,000 and 27,000 tonnes this...

PT Timah production slumps in first quarter

Indonesia’s state-controlled tin company PT Timah reported a sharp fall in its mine and refined tin production in the first quarter of 2016, although a drawdown in stocks allowed a small increase in its sales. Production of tin-in-concentrates in Q1 fell by 49%...

PT Timah announce reduced profits in H1

State owned Indonesian tin miner PT Timah saw its first half net profits fall 97% year-on-year to Rp 11.28 billion (US$ 801,962) in the first 6 months of 2015 compared to the same period of the previous year, according to its 2015 first half results, which the company...