Congo in Talks with Malaysia Smelting Over Tin Foundry
IBTimes reported the DRC is in talks with Malaysia Smelting Corporation over the construction of a foundry.
Articles Tagged "congo"
Congo in Talks with Malaysia Smelting Over Tin Foundry
IBTimes reported the Congo is in talks with Malaysia Smelting Corporation (PINK:MSGCF) to construct a foundry.
The Facts Behind the Dodd-Frank Conflict Minerals Requirement
Shopfloor reports on the impact Dodd-Frank is having on the economy and workers of the DRC.
What Conflict Minerals Legislation Is Actually Accomplishing in Congo
The Huffington Post reports that the Dodd-Frank Act is accomplishing its goal of curbing conflict minerals trade in the DRC.
Congo delays reopening eastern mining sector
Reuters.com reports that the democratic Republic of Congo predicts that it will be unable to re-open it's eastern mining sector for at least two weeks, including tin mines, citing security concerns.
Congo Tin Exports have rebounded despite U.N, campaigners
Tin exports from eastern Democratic Republic of Congo are back up despite the threat of United Nations sanctions and pressure from rights campaigners linking the trade to local conflicts. For full story, click here
Illegal trade has threatened tin market in Congo
Tin trade in Congo’s North and South Kivu provinces is under threat as a United Nations observer mission in Congo has intensified pressure on mineral purchasers to observe due diligence on minerals they procure. For full story, click here
Tin bull to make a comeback in near future?
Although the short-term outlook for tin and other industrial use metals is understandably bleak at the moment, the long-term projections for the dull base metal show it is likely to outshine the majority of its commodity cousins once the current crisis abates.
Tin fundamentals remain strong
Although lower tin prices may appear to be a sign of a faltering market, many metals analysts say the supply market remains increasingly tight and a deficit is expected this year. There is a huge contradiction of what is happening to the price and the underlying state of the market.
Tin prices fell 25% in third quarter
The base metals are down for the year, with tin and nickel suffering the most. Each has lost more than 25% in the last quarter. After Congress voted down the $700 billion bailout plan, tin prices hit their weakest level since September 18, dropping 6.3% to $16,680 on the LME.
