Tin, this year’s best performer on the London Metal Exchange, is expected to rise as much as 21 percent to $21,708 a metric ton in the next few months, according to technical analysis by Sucden Financial Ltd.
Read the full article: "Tin May Advance 21%, According to Sucden:..."
Thursday, May 27, 2010
Indonesian government plans to stop small business miners in its main tin-producing Bangka-Belitung island for the next four years due to damage on its 657,510 hectares of forest areas in Bangka-Belitung.
Governor Eko Maulana Ali is quoted saying:
“Traditional Tin mining has been expanding. Farmers and fishermen have now switched to mine Tin.”
Click here to access the [...]
Read the full article: "Government in Bangka Indonesia To Stop Tin..."
Wednesday, May 26, 2010
Tin dealers in Malaysia expects that Kuala Lumpur Tin Market (KLTM) stays firm. According to the dealers the tin trade will likey be above US$17,300 per tonne as Malaysian and European buyers are expected to be active.
One of the dealers is quoted saying:
“The market was traded mostly lower this week, so we expect to see [...]
Read the full article: "Tin Trade Above US$17,300 per Tonne at KLTM"
Tuesday, May 25, 2010
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 [...]
Read the full article: "PT Timah Increases Offshore Mining Deposits..."
Monday, May 24, 2010
Kuala Lumpur Tin Market (KLTM) will be on a stable condition since Malaysian and European buyers of tin will be active to trade above US$17,300 per tonne.
One of the dealers is quoted saying:
“The market was traded mostly lower this week, so we expect to see more buying support next week as prices are still low.”
[...]
Read the full article: "Tin’s Buying Support is Higher"
Monday, May 10, 2010
Tin is expected to lower in price by next week in the Kuala Lumpur Tin Market (KLTM). According to a dealer this is due to the fears over the fiscal problem in Europe and its after effects. This will result to a decrease of another US$100 per tonne next week.
The news article is quoted as [...]
Read the full article: "Tin Lowers in Kuala Lumpur Tin Market Trade"
Sunday, July 12, 2009
The Kuala Lumpur Tin Market, which posted losses for three consecutive days, is expected to see steady trading next week.
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Read the full article: "Kuala Lumpur Tin Market will be Steady Next..."
Monday, July 6, 2009
Indonesia has approved an export permit for a new tin smelter, bringing the total number of smelters allowed to 30.
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Read the full article: "Indonesia has approved another Tin Export..."
Tuesday, June 16, 2009
From one crisis to another in past decades, tin is now being challenged again with a possible erosion in demand, which is suppressed by the current international slump.
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Read the full article: "Tin Industry has braced for further dip in..."
Tuesday, June 16, 2009
Tin exports from eastern Democratic Republic of Congo are back up despite the threat of United Nations sanctions and pressure from rights campaigners linking the trade to local conflicts.
For full story, click here
Read the full article: "Congo Tin Exports have rebounded despite..."
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Tuesday, July 20, 2010