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Myanmar shipments hit seasonal low

Post By: Tom Mulqueen on Monday, 27 March 2017

Latest official customs statistics released by China last week report February imports of tin ore and concentrate from Myanmar totalled 8,641 tonnes (gross weight), unchanged from February 2016, but down 72% compared to January. The latest data is unsurprising, as it is usual for February shipments to be impacted by the Chinese Spring Festival holidays.

Myanmar was the source of over 99% of China's reported tin ore and concentrate imports in January and February, which totalled exactly 40,000 tonnes,...

Pitinga outlook positive after record year

Post By: Tom Mulqueen on Monday, 06 March 2017

Minsur's consolidated results, released last week, report that tin output from the Pitinga mine in Brazil rose by 20% year-on-year to 6,875 tonnes, a record high since the mine's acquisition by Minsur in 2008, while refined tin produced at the Pirapora smelter in Brazil rose 6% to 5,873 tonnes. Refined tin production by Minsur's operations in Peru and Brazil totalled 25,445 last year, down 1% from 2015, but in line with official guidance.

The company's Brazilian operations, which are...

Timah report improved financials for 2016

Post By: Tom Mulqueen on Wednesday, 01 March 2017

The Indonesian state tin company, PT Timah, reported a 148% increase in profits to Rp 251.97 billion (~US$18.9 million) in 2016, despite a fall in mine and refined tin production to 24,121 and 23,756 tonnes respectively, according to an official press release by the company.

While tin-in-concentrate and refined tin output both fell compared to 2015, the company had a particularly strong final quarter, with a 19% QOQ increase in mine output to 8,142 tonnes and a 20%...

Myanmar peace process meeting delayed

Post By: Tom Mulqueen on Wednesday, 01 March 2017

The second meeting of Aung San Suu Kyi's 21st Century Panglong peace process, which was originally scheduled for mid-February, appears to have been postponed and is not expected to be held until mid-March at the earliest. The peace process has been closely followed by those with concerns over the responsible sourcing of tin from the areas controlled by the UWSA, a major ethnic armed group, which is a major supplier of tin ore and concentrate to China, exporting tin...

PT Timah renews commitment to tin industry body ITRI

Post By: Tony Wallace on Tuesday, 28 February 2017

Indonesian tin producer PT Timah has renewed its commitment to the global tin industry association ITRI as a key step forward in its mission to be a leading mining company in a world increasingly driven by sustainability issues. Representing the world's major tin producers, ITRI is pleased to announce that PT Timah has reinstated its membership, renewing a long-standing industry partnership that is now ready to move forward together on a set of important initiatives.

"We are delighted to...

China tin trade subdued in January

Post By: Tom Mulqueen on Monday, 27 February 2017

Latest official customs statistics released by China last week showed that the country's tin ore and concentrate imports from Myanmar fell by 57% year-on-year to 31,359 tonnes (gross weight) in January, predominantly due an earlier Chinese Spring Festival holiday period than in recent years. Refined tin imports also fell 34% over the same period to 643 tonnes.

Myanmar was the source of over 99% of China's tin ore and concentrate imports in January, which totalled 31,651 tonnes. The...

Huanuni problems continue in 2016

Post By: Tom Mulqueen on Monday, 20 February 2017

Bolivia's state-owned Huanuni tin mine made a loss of US$6.7 Million last year, according to local news sources, as government statistics show that underinvestment and widespread drought resulted in a 25% year-on-year fall in tin-in-concentrate production in 2016 to 6,460 tonnes.

Bolivia's worst drought in 25 years has been the major factor affecting output and has continued to be an issue so far in 2017. The impact has been compounded by ongoing reliance and underinvestment in Huanuni's ageing Santa...

Minsur’s Peruvian production down in 2016

Post By: Tom Mulqueen on Wednesday, 15 February 2017

Individual Q4 results for Minsur's Peruvian operations, released today, reveal refined tin production totalled 19,573 tonnes in 2016, down 3.2% from 2015. Despite a 20% year-on-year fall in refined production to 5,023 tonnes in Q4, 2016 production guidance of 19kt to 19.5kt was exceeded.

In addition to the contraction in refined tin output from the Pisco smelter during Q4, tin-in-concentrate production from the San Rafael Mine fell 6% year-on-year to 4,828 tonnes in Q4, while head grades fell to...

YTC announce Dulong expansion

Post By: Tom Mulqueen on Wednesday, 15 February 2017

The Yunnan Tin Company has approved a Yuan 2.6 billion (US$375 million) investment plan to expand production from the Wenshan Dulong zinc-indium-tin-copper mine by some 70%, it was reported in a statement filed with the Shenzhen Stock Exchange on January 11.

The expansion will include the construction of new dump sites, a tailings dam and waste rock recycling facilities, which will increase mining capacity to 3.6 Mtpa. Operations at Dulong are run by YTC's subsidiary, Yunnan Hualian, which currently...

Renison output down in 2016

Post By: Tom Mulqueen on Monday, 13 February 2017

Metals X released its final quarterly report for 2016 in January, which reveals a 2.9% QOQ increase in tin-in-concentrate production to 1,768 tonnes from the Renison tin mine in Tasmania. However, the output for 2016 totalled 6,314 tonnes, down 7.4% from the previous year.

The company cited that the boost in Q4 production was a result of higher Australian dollar tin prices and lower cost profile after the transition to owner operator earlier this year. Meanwhile grades, recoveries and tonnes mined and...

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