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Research Funding a Key Indicator of Interest in Province’s Minerals

Tuesday, July 19, 2011

New Brunswick Business Journal reports that mining in the province is likely to increase as research funding increases.

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Illegal Mining Hurts Tin

Wednesday, September 16, 2009

A police crackdown on illegal tin mining in Indonesia, including in Bangka-Belitung islands, has cut ore supplies. Analysts maintain the current crack down may not be as severe as the one in 2006, which halted tin production at small smelters for months, mainly because the government has tightened tin export rules. Moreover, PT Timah Tbk and PT Koba Tin, a unit of Malaysian Smelting Corp, were not affected by the crackdown.

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Nervous About The Hot Tin Price?

Thursday, August 6, 2009

Tin touched $15,400 a tonne on Thursday, the highest since the middle of June. Focus though is on a large position holder, which has bought tin for delivery in September and sold it for December. Worries are that those who sold to the entity will be caught short. Investors are also worried whether the stock market surge is only a catch-up rally, or is it time to pocket some recent gains in anticipation of turbulence ahead if the economic recovery fizzles? While some analysts say gains are justified given the horrific depths to which indexes sank in March, others are growing nervous.

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Production Cutback Pumps Tin Price

Tuesday, May 12, 2009

Tin prices gained a whopping 18 per cent on the LME in the month of April, despite a huge gain in LME inventories by almost 15 per cent. Global production, however, is expected to fall 6.5 per cent by 21,000 tonnes, to 304,500 tonnes in 2009. According to the International Tin Research Institute demand for tin is expected to fall by 10.5 per cent in 2009 amid the global economic crisis. Hence, the market could be in surplus by 5,000 to 10,000 tonnes in 2009.

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Adex announced tin resource estimate at Mt. Pleasant

Monday, April 6, 2009

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

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