Archive for 2008

KL tin prices likely to be higher

The Kuala Lumpur Tin Market (KLTM) is expected to be higher this week with demand likely to come from Japanese, European and local traders, dealers said. For full story, click here

LME tin jumped $1,200 to $13,500

LME tin jumped $1,200 to $13,500 at 0700 GNT soon after the report, but traders were sceptical of the tonnage involved, which amounts to more than a quarter of world output. For full story, click here

Tin fell to $10,705 from $11,050

Comments by China’s President Hu Jintao that efforts by the world’s largest consumer of a host of commodities to counter the global economic downturn were working, were not enough to generate a little seasonal cheer. Tin fell to $10,705 from $11,050. For full story, click here

Cadillac Announces Joint Venture in Spain

Cadillac Ventures Inc. is pleased to announce that it has signed a joint venture agreement with Minas de Aguas Tenidas, S.A., a wholly owned subsidiary of Iberian Minerals Corp. encompassing 14 properties totalling approximately 232 km(2) within the prolific Iberian Pyrite Belt of southern Spain. For full story, click here

Tin production to be curbed

Tin production to be curbed In a move that will do much to keep global tin prices elevated, Indonesia confirmed in late August 2008 that it will be limiting tin production this year and next. For full story, click here