Tin miner Timah stopped from operating in Indonesia
Indonesian police have stopped four dredging vessels owned by tin miner Timah and its partners from operating and this could affect firm’s tin production. For full story, click here
Archive for March, 2009
Tin closed at $10,001 a tonne on Wednesday
Tin was at $10,001 a tonne down from earlier $10,050 a tonne, on Wednesday. Metal Prices at 1036 GMT Metal Last Change Percent Move End 2008 Ytd Percent. For full story, click here
Tin has best recovery potential
Tin is still considered the metal with the best recovery potential since it is neither burdened with the same sort of inventory build that has mired the fortunes of other base metals. For full story, click here
Tin closed at $10,460 on LME
Tin was at $10,460 from $10,475 a tonne on LME. The deepening recession has slashed the demand for the metal. For full story, click here
Tin market seeing a decline in demand
As per Resource Capital Research, the current tin market is lacking any strong fundamental impetus; at the moment, a bleak macro-economy and its implications for weak demand dominate. For full story, click here
Indonesia court to begin Koba Tin trial next week
Indonesia will start next week the trial of the head of the country’s second-biggest tin smelter over allegations that PT Koba Tin was involved in illegal mining in a protected forest. For full story, click here
Tin price on the Kuala Lumpur TinMarket closed higher
THE tin price on the Kuala Lumpur TinMarket (KLTM) closed higher by US$200 to US$10,850 per tonne following strong demand, a dealer said. For full story, click here
Tin Set To Shine – Early Signs of Summer?
Even as stockpiling in China is set to raise the bar for the price of tin, miners in Peru may go on strike on March 15, which could bring on some pressure. Queensland Small Miners too have blamed the government for not adequately supporting small miners.
Tin added 0.4 percent to $10,950
Tin added 0.4 percent to $10,950 on London Metal Exchange. For more information, click here
Lara Extends Mineralization at Sao Lourenco
Lara Exploration Ltd. Extends Mineralization and Extends Option at Sao Lourenco tin project in Northwest Brazil. For full story, click here
