Peru mine production down in April (02 Jun 2010)

Mine production of tin-in-concentrate dropped 1.7% compared to April 2009 to 3,147 tonnes.  Peru’s production of gold, copper, lead, zinc and silver also declined in April.  According to ITRI’s record the cumulative tin mine output in the first four months of 2010 amounted to 12,370 tonnes, 1.3% more than the same period in 2009.  All of Peru’s tin mine production comes from Minsur’s San Rafael mine.

Former Van Diemean Mines assets up for sale (02 Jun 2010)

The liquidators of the Tasmanian tin projects formerly controlled by Van Dieman Mines Pty Ltd is inviting expressions of interest by 10 June for the purchase of alluvial tin resources and associated mineral processing equipment located near Gladstone, in North Eastern Tasmania.  The assets are now controlled by Gladstone Tin Pty Ltd and include:  mining and exploration licences; planning and environmental approvals; processing plant and equipment and associated infrastructure; and a core team of personnel with significant knowledge of the resource and associated equipment.  Interested parties shortlisted by the liquidator, Paul Cook & Associates of Hobart, will then receive access to detailed data for due diligence.

Timah forecasts profit jump (28 May 2010)

PT Timah expects its first half net profit to soar more than 10 times compared with the Rp 42.9 billion in the first half of 2009 on the higher tin prices and sales volume.
 

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