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Chinese companies awarded Huanuni expansion contract

Post By: Organic Development on Tuesday, 12 July 2011

A Chinese engineering group has been awarded a US$50 million contract to build a new processing plant next to Bolivia's Huanuni mine as the country seeks to expand production at one of the world's largest tin mines, Dow Jones reported. Vicstar Union Engineering, a venture formed by China's Shenzhen Vicstar Import & Export Company and Yantai Design and Research Engineering Co. Ltd of Shandong Gold Group, will build the new plant near the Huanuni mine, Bolivia's mining ministry said in...

Indonesian shipments soar

Post By: Organic Development on Monday, 11 July 2011

Provisional data from Indonesia’s trade ministry released today shows a big jump in exports in June. Data compiled by surveyors under the country’s export licensing system shows that 10,875 tonnes of tin was checked prior to shipment, 35% higher than in June 2010. This was the highest monthly total since March 2009 and the fifth highest ever since the licensing scheme came into effect in February 2007. Cumulative tonnage in the first half of 2011 amounted to 50,165...

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