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PT Timah Increases Offshore Mining Deposits to 70 pct
May 25, 2010 @ 6:41 pm In Tin Market News
PT Timah [1] (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 competing with illegal miners that operate near and within our mining areas."
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URLs in this post:
[1] PT Timah: http://www.timah.com/
[2] Click here to access the entire news: http://www.reuters.com/article/idUKJAK27473520100524?type=companyNews
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