Tin in the News (08 March 2013)

Source:  ITRI Ltd

The following is a summary of the information circulated by ITRI Ltd.  For more details and the original text please visit http://www.itri.co.uk.

Indonesian exports dip (08 Mac 2013)

Indonesia refined tin exports in February dropped 8.7% to 8,355 tonnes from 9,155 tonnes in January.  Considering that this is the middle of the monsoon season, the tonnage is quite considerable.  The rolling 12-month total up to February is some 102,600 tonnes, and this has been achieved despite a substantial fall in PT Timahís production and the suspension of all PT Koba Tinís mining and smelting operations since Q4 of last year.  It is therefore clear that Indonesiaís private smelters are taking advantage of booming small-scale mining activity, ahead of a tightening of tin export quality regulations due to take effect from the end of June.


Queensland twins focus on tin (12 Mac 2013)

Consolidated Tin Mines (CSD) has provided an update on how it will work with partner company Snow Peak Mining (SPM) to re-start the recently acquired Mt Garnet concentrator and related copper mining assets in North Queensland.

SPM bought the Mt Garnet concentrator from Kagara Limited at the start of the year and plans to re-start the one million tpy unit in August, initially processing copper and poly-metallic ores from the nearby Baal Gammon and Surveyor mines.  SPM will also operate the Baal Gammon open pit mine, which is owned by Monto Minerals.  The transition to tin processing is expected to take 12-18 months, with tin production potentially building towards 5,000 tpy of tin-in-concentrate.

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