Indonesia’s July tin exports rise 4.5%    (09 Aug 2011)

Indonesia, the world’s top tin exporter, shipped 9,266 tonnes of refined tin in July, compared to 8,870 tonnes in July 2010.  Cumulative tin exports from January until July this year were 59,430 tonnes, up 14% from the same period last year.  The 30 plus independent smelters have been responsible for all the growth in Indonesian exports this year, as production by the two major integrated companies has been stable or slightly lower than in 2010.

US opinion turning against conflict minerals law    (08 Aug 2011)

The New York Times is the latest leading US newspaper to voice criticism of the impact of the Dodd-Frank Wall Street Reform Act on artisanal miners and their dependents in central Africa.  Headlined “How Congress Devastated Congo”, the article described in detailed the negative impact of the law which has brought about a de facto embargo on the minerals mined in the region, including tin, tungsten and tantalum.  The smelting companies that used to buy from eastern Congo have stopped.  This has affected the livelihood of scores of artisanal miners and small-scale purchasers who used to make a few dollars a day digging ore out of mountainsides with hand tools.

Help this site to stay free & run by buying me a cup of coffee!mfBeer Joomla! Plugin