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Latest News

  • US House of Representatives seeks to halt implementation of US conflict mineral reporting

    by: Steven Peterson, on Friday, 24 June 2016

    Washington DC based 'The Hill' reported here that Bill Huizenga filed a late amendment to the financial services appropriations bill to block funding for enforcement activity of section 1502 of Dodd Frank – the 'conflict minerals' reporting rules in the US – with the objective to halt implementation. The amendment was adopted by the House Rules Committee and will be voted on by the House of Representatives shortly. The amendment had been scheduled for consideration on 22nd June, but a sit-in by House...

  • EU regulation on tin supply chain due diligence draws nearer

    by: Steven Peterson, on Thursday, 23 June 2016

    On 15th June, EU institutions reached a general political understanding on proposals for a regulation on import of 'conflict' minerals from any high-risk production area in the world into the EU region (here). This trialogue compromise between the European Parliament, the European Council of Member States and the European Commission is the next step in a long process started with a Commission consultation in March 2013. The resulting Commission proposal in 2014 was for a voluntary certification scheme for...

  • China’s ore imports strong but steady in May

    by: Tom Mulqueen, on Tuesday, 21 June 2016

    Latest China customs data released yesterday shows imports of tin ore and concentrates at 40,575 tonnes gross weight in May, or an estimated 4,800 t contained tin. The May total was down 13% on the previous month's figure, but up by 87% compared to May 2015. In the first five months of this year, imports from Myanmar totalled 215,184 t with an estimated tin content of 26,000 tonnes.

    China exported 135 t refined tin in May and 211...

  • Bushveld explores smaller scale option for Mokopane

    by: Tom Mulqueen, on Monday, 20 June 2016

    London-listed Bushveld Minerals Limited (LON:BMN) has announced a change of strategy for development of its Mokopane tin project in Limpopo Province, South Africa, along with positive results from pilot-scale metallurgical test work at the site.

    Bushveld released a scoping study for the project in September 2014, but has altered its strategy to focus on smaller-scale, near surface high-grade tin targets. This will reduce the initial capex requirement and the time required to bring the mine to production.

    Bulk metallurgical...

  • Plymouth Minerals in JV deal

    by: Tom Mulqueen, on Monday, 20 June 2016

    ASX-listed Plymouth Minerals Ltd. has confirmed an Earn-in and Joint Venture agreement with Valoriza Mineria SLU for the potential development of the San Jose lithium-tin project in Spain's Extremadura region.

    The San Jose Mine is a historical tin-tungsten mine that operated in the 1960's with subsequent exploration and feasibility studies between 1985 and 1991 focussed on abundant lithium and tin mineralisation. Historical underground mining utilised multiple shafts and adits with a gravity concentration plant used to process the...

  • South Korea makes second 2016 stockpile purchase

    by: Tom Mulqueen, on Friday, 10 June 2016

    South Korea's Public Procurement Service (PPS) have purchased 100 tonnes of Malaysian tin from the Sanji Corporation for delivery in September at a c.i.f. premium to the LME price of $490, Reuters reported earlier today.

    This is the second purchase made by the PPS in 2016 following the acquisition of 200 tonnes of standard grade low lead MSC metal by tender on 15 March.

    Total stockpile purchases in 2015 amounted to 2,000 tonnes, a similar volume to recent previous...

  • Indonesian tin shipments slip in May

    by: Tom Mulqueen, on Tuesday, 07 June 2016

    Official figures released on Monday by the Indonesian trade ministry reveal a 22% month-on-month fall in tin shipments to 5,378 t in May.

    The figure is just short of the quantity of tin traded on the Indonesian Commodity and Derivatives Exchange (ICDX), which fell by 25% month-on-month to 5,390 t in May. The official tin shipment figure also represents a 14% year-on-year fall compared to May 2015.

    Government tin smelter audits aimed at cracking down on illegal mining as...