Congo Releases New Plan to Cease Conflict Mineral Trade
Tin – Reuters reported the Democratic Republic of Congo is implementing a new plan to control the trade of tin ore and other conflict minerals.
Articles Tagged "tin ore"
Yunan Tin Expects Costs to Rise on New China Tin Ore Tax
Tin – Reuters reported Yunnan Tin Co Ltd (SHE:000960,HKG:0263) said it expects costs to rise about $7.9 million after China raised its tin ore taxes.
Tin Plunges $530
Tin – Reuters reported on base metals trading in China on Friday, noting tin plunged downward.
Indonesia May Impose Tax or Quota on Ore Exports
Tin – Reuters reports Indonesia may impose a tax or quota on mineral ore exports.
Tin ore to become scarce
Tin – Global Times.com reports that there is speculation that Tin ore is set to become scarce, as China has not managed their consumption appropriately
U.K. Was Entitled Not to Refer Amalgamated to UN
Tin – Bloomberg.com reports that the U.K. government had reason to not refer Amalgamated Metals Corp for tin ore purchases to the UN for sanctions
PT Timah Increases Offshore Mining Deposits to 70 pct
Tin – PT Timah (Persero) Tbk, Indonesia’s largest tin producer, is planning to increase its offshore mining deposits. The company’s Offshore mining may account for 60% to 70% this year. It is also forced to reduce sourcing tin ore from its onshore mines in Bangka-Belitung islands, Indonesia’s main source of tin. President Director Wachid Usman is quoted saying: “We’re [...]
Indonesian Tin Exports Benefiting from Weather Improvements
Tin – An increase in shipments of Indonesian refined tin exports reported in April was partially the result of a return to more favorable weather conditions from the first three months of this year.
Resource Market Weekly Recap
North America’s largest manganese mining company, Cia. Minera Autlan SAB, has reported larger than expected sales in the first quarter. The company’s share price has risen on the report and there is speculation that the company may issue a dividend this year despite last year’s revenue shortfall.
Tin Prices: Climbing the Ladder of Recovery
Tin – As with other industrial metals, the spot price of tin is correlated with inventory levels on the supply side and the global economic recovery on the demand side. Over the last year the spot price of tin on the LME has moved from an average price last April of US $12165.8 per tonne to a current valuation of US $18695 per tonne, a gain of almost 54 percent.
