Gallery

 KLTM
                 18 May21 May
 Tin19,35019,850
 LME
 17 May18 May
 Tin19,450
19,400
 Nickel 16,910
17,105
 Copper 7,708
7,795.5
 Gold1,554
n.y.a
 Silver 2,748
2,848
 Aluminium1,987.5
2,016.5
 Steel(billets)475.5n.y.a
In tonnes except gold & silver in troy oz
Tin in the News (31 Mar 2010)
Source:  ITRI 31 March 2010

PT Timah goes offshore (31 Mac 10)

PT Timah’s offshore dredging operations produced 18,208 tonnes of tin-in-concentrate in 2009, up 31% on the previous year and the highest annual total achieved since 1998.  The growth reflects Timah’s increased use of smaller and more economical cutter suction dredges on its mining leases.  Timah plans to have 15 of its own cutter section vessels by the end of 2010 in addition to using a larger number of contractor operated dredges.  The company also plans to have its first new large deep water bucket wheel dredge, mining to a depth of up to 75 metres, in operation by 2011.

 

More scrutiny of DR congo supply chains (31 Mac 10)

Congolese Mines Minister, Martin Kabwelulu said big efforts are being made to reassure consumers about the sources of tin ore and other minerals in DR Congo.  Latest export figures from North Kivu show that Malaysia and Rwanda are now the main intermediate destinations, accounting for 61% of shipments in January-February.

The ministry together with the UN are developing five pilot trading centres to restrict the flow of so-called conflict minerals into the legal mineral supply.  The first of the trading centres will begin operations as early as May.  It will centralise trade from Congo’s largest cassiterite mine, Bisie, and implement the iTSCi tracking programme.  Bisie, which accounts for about 70% of North Kivu’s cassiterite production, is on a forthcoming ministry list of “clean” mines that are acceptable for traders to buy from.

Renison resumes full production (31 Mac 10)

The Renision tin operation in Tasmania was back in full production on 26 March following a mechanical failure at the primary mill on 20 March.

The Renison mine and mill and Mt Bischoff are now part of Bluestone Mines Tasmania Joint Venture Pty Ltd, a recently formed 50:50 joint venture between Metals X and Yunnan Tin Group and partners.  In January and February production at the combined unit was running at some 8,000 tpy tin-in-concentrates.

Korea again short of bidders (31 Mac 10)

South Korea’s Public Procurement Service (PPS) has again re-issued a tender for 200 tonnes of tin, this time for standard grade 99.85% material for deliver to Incheon by 2 June.  Only one company bid for the contract.  Its previous tender in February for 200 tonnes of 99.9% high grade tin was also re-issued when no bids were initially received.

South Crofty project goes multi-metal (26 Mac 10)

Western United Mines, the company planning to re-open the South Crofty tin mine in Cornwall, UK is embarking on a surface drilling programme to identify copper, zinc, silver and gold as potential co-products.

 

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