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Articles tagged with: San Rafael

Minsur increases Peru production guidance for 2017

Post By: Tom Mulqueen on Friday, 18 August 2017

Minsur has revised its 2017 Peruvian refined tin production guidance from between 16,500 and 17,500 tonnes to between 17,500 to 18,500 tonnes. The change was outlined as part of the company's Q2 financial results, which also reveal that refined tin production from its Peruvian operations in Q2 totalled 4,727 tonnes, down 6% from 5,014 tonnes in Q2 2016.

The lower production in Q2 2017 is largely due to consumption of raw material stocks in the same period of...

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...

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...

Minsur production lower in 2015 in line with guidance

Post By: Tom Mulqueen on Tuesday, 16 February 2016

Individual Q4 results for Minsur's Peruvian operations, released yesterday, reveal refined tin production totalled 20,224 tonnes in 2015, 17% lower than 2014, meeting production guidance and helped by a 2% year-on-year increase in Q4 refined tin output to 6,300 tonnes.

Despite the slight increase in refined output during Q4, production from the San Rafael mine fell 18% year-on-year to 5,129 tonnes during the quarter, primarily due to a fall in head grades from 2.48% Sn in Q4 2014 to...

Minsur reports lower Q3 tin production

Post By: Tom Mulqueen on Monday, 09 November 2015

Tin miner Minsur has published its Q3 2015 individual results, which show that tin production from the San Rafael mine in Peru fell 15% to 4,852 tonnes during the quarter compared to the same period of the previous year, mostly due to anticipated lower head grades.

The volume of ore treated at the San Rafael mine was broadly equivalent to the same period of last year, falling 0.2% to 264,004 tonnes in Q3. However, head grades fell as planned...

Minsur reports fall in production in Q2

Post By: Tom Mulqueen on Wednesday, 29 July 2015

Minsur's Q2 results for its Peruvian operations revealed an 11% year-on-year fall in tin production in refined tin production at its Pisco smelter to 5,019 tonnes in Q2 2015, while production at the San Rafael mine fell by 8% to 4,954 tonnes of tin-in-concentrate, primarily due to lower ore head grades. First half production of refined tin and tin-in-concentrate amounted to 9,794 tonnes (down 22% y-o-y) and 9,530 tonnes (down 15%) respectively. Minsur continues to forecast 2015 annual tin...

Minsur production and revenue fall in Q1 2015

Post By: Tom Mulqueen on Thursday, 07 May 2015

Minsur has published its 2015 first quarter results which reveal a 31% year-on-year fall in tin production at its Peruvian operations to 4,776 tonnes in Q1 and a 43% decrease in net revenue from tin operations to US$ 105.2 million.

The lower tin production was a result of the stock optimisation program in 2014, less ore treated due to scheduled plant maintenance at the San Rafael mine in Q1 2015 and lower head grades. 235,459 tonnes of ore was...

Peruvian tin production falls in early 2015

Post By: Tom Mulqueen on Thursday, 02 April 2015

Official figures from Peru's Energy and Mines Ministry reveal a year-on-year fall in mined tin production in January and February 2015 of some 24%, primarily due to depletion of mineral resources at Minsur's San Rafael operation, the country's only tin mine.

Production from San Rafael, which totalled 2,911 tonnes tin-in-concentrate in the first two months of 2015, has made Peru the 3rd largest tin producer in the world in recent years. Minsur's Pisco smelter refines tin concentrates produced...

Minsur production higher in 2014 despite fourth quarter results

Post By: Tom Mulqueen on Monday, 23 February 2015

Individual Q4 results for Minsur's Peruvian operations have been released showing a 7% fall in tin production for the quarter, to 6,190 tonnes, compared with the final quarter of 2013, although total production for the year just exceeded that of 2013 at 24,223 tonnes.

The lower production was largely the result of a 7% drop in head grade at the San Rafael Mine, from 2.68% in 4Q2013 to 2.48% in 4Q2014. Despite the drop in head grade, a 6% increase in...

Minsur reports drop in third quarter production

Post By: Tom Mulqueen on Wednesday, 19 November 2014

Minsur has reported that combined tin production at its operations in Peru and Brazil in 3Q14 has decreased 1% to 6,852 tonnes compared to 3Q13, primarily due to lower grades at the San Rafael tin mine in Puno, Peru.

The combined production of tin since the start of the year was 5% higher than 2013, at 21,644 tonnes, due to greater tin sales resulting from optimisation of tin stocks. However, it is anticipated that the total tin produced in 2014 will...

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