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  • Leading tin producers to report on Code of Conduct standards

    by: Tony Wallace, on Thursday, 20 April 2017

    ITRI and member companies have developed a new industry Code of Conduct specifically designed for global tin mining and smelting operations and addressing the growing expectations of tin users and consumers. Now we are pleased to announce that our members, as leaders in the tin production sector, will begin voluntary reporting against these industry standards in Q3 of 2017.

    The ITRI Code of Conduct has 10 Principles addressing basic expectations of legal compliance and publication of policy statements, through...

  • Downstream funding the ‘middle path’ on due diligence costs

    by: Steven Peterson, on Wednesday, 19 April 2017

    A recent paper by one the original champions of mineral supply chain due diligence, Gregory Mthembu-Salter, has questioned recent published criticism of upstream due diligence systems such as iTSCi, highlighting a failure to recognise that some negative trade offs, such as increased cost and exclusion of some actors from the supply chain, are inevitable if international buyers and consumers of 3T minerals are not to contribute to funding conflict in high-risk production zones. Likewise, the negative trade-off of conflict...

  • SEC formally suspends enforcement of part of the ‘conflict mineral’ rule

    by: Steven Peterson, on Monday, 10 April 2017

    Mike Piwowar, the Acting Chairman of the U.S. Securities and Exchange Commission (SEC) released a statement on the 7th April 2017 (click here) in reaction to the final US Court decision a few days earlier confirming the view that public disclosure of 'conflict' or 'not conflict' products would violate the first amendment of the US constitution. The statement explained that "Until these issues are resolved, it is difficult to conceive of a circumstance that would counsel in favor of enforcing Item 1.01(c) of...

  • Final US court judgement against ‘conflict mineral’ declarations

    by: Steven Peterson, on Monday, 10 April 2017

    On 3rd April 2017, a district court judge in Washington, DC determined the final judgement in the last stage of the long-running case brought by the National Association of Manufacturers against the Securities and Exchange Commission (SEC). The final judgement was in agreement with the earlier decision of 2014 that the requirement to disclose whether a product is "DRC-conflict free" violates the constitution, on the grounds that it is compelled speech. This brings to an end this particular debate...

  • EU global mineral related conflict and human rights rules finalised

    by: Steven Peterson, on Monday, 10 April 2017

    On 3rd April 2017, the Council of the European Union adopted the long debated regulation designed to address conflict and human rights abuses linked to the global mineral trade of tin, tantalum, tungsten and gold (3TG) through certification of EU importers (click here)

    The Regulation will now come into effect shortly after being published in the official journal of the EU although the key clauses on due diligence, risk management, disclosure and other reporting obligations will not be binding until 1st...

  • Temporary supply disruption in China

    by: Tom Mulqueen, on Monday, 10 April 2017

    Two Chinese tin smelters (Gejiu Jinye and Gejiu Zili) suspended production from early April after the government carried out environmental pollution spot checks related to sulphur dioxide emissions. 

    Typical production from the disrupted smelters in Yunnan Province is around 1,400 tonnes per month. It is estimated that operations will be affected for between 2 to 4 weeks, during which period smelters will install better emissions monitoring equipment to comply with government requirements.

    A number of private tin mining companies in...

  • Indonesian tin exports robust in Q1

    by: Tom Mulqueen, on Wednesday, 05 April 2017

    Indonesian tin exports totalled 18,018 tonnes in Q1, up by 3.1% compared to the final quarter of 2016, and up 86% year-on-year. Exports in January, February and March, totalled 6,964 tonnes, 4,911 tonnes and 6,143 tonnes respectively, varying in broad relation to the tin price.

    The preliminary data released to news agencies by the trade ministry is based on pre-shipment checks performed by surveyor companies, and include small volumes of solder and other tin products (less than 108...

  • Water treatment trials completed at South Crofty

    by: Tom Mulqueen, on Wednesday, 05 April 2017

    Strongbow Exploration Inc. (TSX-V: SBW) has announced the success completion of water treatment trials at its South Crofty tin project, located in Cornwall, UK. The company is now planning to submit an application to the UK Environment Agency ("EA") for a mine waste permit.

    The mine waste permit will seek consent for water discharge of 25,000m3 from the mine over an 18-24 month period and it is anticipated to be granted before the end of summer this year. Once...

  • Elementos reveals new development strategy

    by: Tom Mulqueen, on Wednesday, 05 April 2017

    ASX-listed tin explorer and developer, Elementos Ltd., has announced a new, two-stage, development strategy focussing on the hard-rock open pit and underground resource at its 100% Cleveland Tin Project in Tasmania, detailed in a recent corporate presentation for investors, available here.

    The Stage 1 development is now focussed on the near-surface tin resources at Cleveland, with an expanded open pit strategy expected to reduce dilution and ore losses and the cash flow generated used to accelerate development of the...

  • Bolivian mine production falls in 2016

    by: Tom Mulqueen, on Tuesday, 04 April 2017

    Official statistics from Bolivian Ministry of Minerals and Metals reveal that while drought and delayed investment have impacted mined tin output, which fell 13.3% year-on-year to 17,460 tonnes in 2016, refined tin production rose 8.7% to 16,810 tonnes over the same period as more material was processed in-country.

    The data reveals that tin mine output by state companies fell by 16.5% to 10,692 tonnes and from co-operatives fell by 20.1% to 2,579 tonnes in 2016, while production from private...