Indonesia’s PT Timah Tbk, the world’s largest integrated tin miner, declared that it expected to cut its refined tin output by as much as 8 percent this year to avoid depressing global prices further. For full story, click here
Dr Rob Davies deputy trade & industry minister of South Africa has expressed disappointment at the failure of ArcelorMittal SA to touch a price smoothing agreement with the packaging industry in order to avoid the prospect of a tin plate price spike in 2009, which was sure to increase tinned food prices. For full story, [...]
The Chinese might have raised their base metal purchasing across the board, but for domestic tin traders doing business in the U.S. market the metal continues to lag. For full story, click here
Reports reveal that the halfway point of the UK’s most challenging mine engine house restoration project for twenty-five years has been touched. For full story, click here
One of the world’s leading producers of the metal since the 1700s, Bangka is also known as tin island. For full story, click here
According to estimates released Tuesday by the trade ministry, Indonesia’s refined tin exports in March surged almost 30% on month to 11,086 metric tons. For full story, click here
Adex Mining Inc. reported that it has completed a National Instrument 43-101 compliant Mineral Resource estimate for seven tin-indium-zinc sub-zone which make up the North Zone at its wholly-owned Mount Pleasant Mine Property in southwestern New Brunswick, Canada. For full story, click here
A huge rise in the price of the tin used to can foods and beverages could fuel inflation and hobble crucial exports. For full story, click here
The metals markets got a surge of heat with world leaders committing $1.1 trillion to combat global recession. Tin was up at $10,950 a tonne, its highest since March 11, from $10,450.
Three-month tin’s price performance has been underwhelming but maybe that’s because shorts simply can’t get out of their positions. For full story, click here
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