|
Source: ITRI Ltd
China's Tin Production Rose ( 23 Mar 2011 ) According to China Nonferrous Metals Industry Association (CNIA), China’s refined tin production increased by 19% y-o-y to 23,995 tonnes in January-February 2011 at 12,440 and 11,555 tonnes respectively. The increase is mainly due to the rise in tin prices to record levels that stimulated the production and sales. However, ITRI believes that the reported production figure is exaggerated due to de-stocking figures being included in the official production data.
Refined tin production from Yunnan province, which contributed a major part of the increase in China’s production, rose by 31% y-o-y to 14,102 tonnes in Jan-Feb. China’s tin-in-concentrate production rose by 13% to 12,408 tonnes in January – February 2011. However, a large portion of output from smaller mines is never added into the official figures.
Tin could cool Fukushima reactor say Chernobyl team ( 21 Mar 2011 ) A
special working group from Ukraine has come out with proposals on
stabilizing the situation at the Fukushima nuclear power plant in
Japan. The group comprises specialists who were involved in clearing
the aftermath of the nuclear breakdown at the Chernobyl plant in
Ukraine twenty five years ago.
The proposal suggested amongst
other actions, the possibility of using tin to bring the heat processes
in Fukushima-1 reactors under control.
Rwanda government optimistic on mineral tagging ( 18 Mar 2011 )
Rwanda’s
authorities will be able to tag 80% of its minerals by the end of
March, in line with US requirements on conflict minerals. Michael
Biryabarema, Director General of Rwanda Geology and Mines Authority
(OGMR), revealed that four local mining firms had joined a pilot survey
to ascertain levels of good governance in Rwanda's mining sector. Nine
companies were being included in the iTSCi tagging scheme.
New mining rules in DR Congo ( 18 Mar 2011 ) Coinciding
with the recent lifting of the mining ban in the Democratic Republic of
Congo’s (DRC) eastern provinces, various stakeholders in the country’s
mining sector have signed a code of conduct designed to reduce fraud
and increase transparency.
The code’s key measures include:
- All artisanal miners and mineral traders must obtain permits from provincial governments; - Miners must sell only to authorised buyers. Such buyers must operate premises of solid construction; - Selling within sites of exploitation is prohibited; - Miners can work only in authorised areas; - Minerals must be traded for domestic or foreign currency and must not be bartered; - Traders must disclose their accounts to provincial mining officials and provide full contact details of their customers; - A prohibition on the employment of children in mines; and - Civil society groups will inform local populations about the new measures.
The
Government is also taking measures to prevent soldiers from mining. The
involvement of the army in mining, particularly those integrated into
the military from rebel groups, has been a cause of concern for some
time.
Help this site to stay free & run by buying me a cup of coffee!mfBeer Joomla! Plugin
|