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Glencore reports solid markets, rising metals production

Post By: Peter Kettle on Monday, 21 November 2011

Commodities giant Glencore International said output across most of its commodity products rose in the third quarter and its marketing activity "remains solid" despite uncertainty in the financial markets, Dow Jones reported. Marketing and trading accounted for 39% of the group's operating cash flow last year, with the balance coming from industrial activities.

On the production side, tin showed the biggest increase relative to last year. Third quarter output from its own sources increased by 9.1% for zinc, 33%...

Tin production by Bolivian state companies falls

Post By: Peter Kettle on Thursday, 17 November 2011

While Bolivia's state-owned tin enterprises, EM Huanuni and EM Vinto, have ambitious expansion plans for the next few years, their production has declined a little in the first nine months of this year. Production of tin-in-concentrates at the Huanuni mine fell by 7.7% year-on-year to 6,714 tonnes in January-September, while refined tin production at the nearby Vinto smelter declined by 1.1% to 8,421 tonnes.

National tin production was, however, supported by better performance by private companies. Total Bolivian tin-in-concentrate...

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