Tin prices closed at $11,500 tonne
Tin, which fell 7.6 percent in the previous session, closed at $11,500 tonne from $11,905 on Thursday. For full story, click here
Archive for November, 2008
Latest Drill Results from Mt Garnet Project
Australian tin exploration and development company Consolidated Tin Mines said that the first results from its latest drilling program at the Company’s flagship Mt Garnet Tin Project area in north Queensland have continued to confirm the strong tin and iron potential of the project. For full story, click here
Gippsland tweaks feasibility study for Abu Dabbab
Gippsland Ltd said the feasibility study for the Abu Dabbab tantalum project in Egypt has raised the capital expenditure estimate by US$48 million from the previous November 2007 forecast to US$173 million. For full story, click here
Tin at an intraday low of $US11,000
Rising stocks sent tin to an intraday low of $US11,000 and closed at $US11,300, down $US605 from the previous session. For full story, click here
Tin slipped 2.2 percent to $11,050
The LME-traded metal slipped 2.2 percent to $11,050 as of 11:06 a.m. in Singapore. For full story, click here
TidalWave Holdings Executes LoI to buy NYMET
TidalWave Holdings, Inc. announced that the company has signed a binding letter ofintent to acquire the New York-based commodities trading firm, NYMETIndustrial Solutions, Inc. For full story, click here
Indonesian small tin smelters to remain shut
Small smelters in Indonesia’s tin producing Bangka Belitung Islands will stick with their plan to remain shut until January 2009 although prices have recovered from lows. For full story, click here
Indonesia: Tin export drops in October this year
Indonesia’s tin export in October 2008 slid by 59.64% to 4,439 tonnes from that of the previous month, due to a fall of global commodity prices following the weakening demand. For full story, click here
PT Timah sees tin output flat next year
Indonesia’s PT Timah expects that its tin production will stay flat in 2009. It expects to produce below 50,000 tonnes of refined tin in 2009 due to falling prices and a government plan to set an output quota for tin. For full story, click here
Republic Gold Complete Extensive Tin Drilling JV Program
The Board of Republic Gold Limited said that the Company alongwith Staldor Mining Pty Limited have completed an aircore drilling programme at the Kangaroo Creek Joint Venture Project mining and exploration leases south-west of Chillagoe in Far North Queensland. For full story, click here For company’s website, click here
