Tin Investing News» gold

Defeated ArcelorMittal Lowers Tin Price

Geetha — Wed, 30 Sep 2009 07:51:59 +0000

Following major criticism over the increase of its tin-plate prices, which were adjusted yearly by 69% to 78%, ArcelorMittal South Africa (ACLJ.J) has toned down prices. The decision was welcomed by the packaging industry. But tin prices have yet to respond significantly to the fresh supply problems in Indonesia, which may be partly due to the strong recovery in Chinese production.

Tin Tops Trade

Geetha — Thu, 23 Jul 2009 06:35:29 +0000

For decades the tin market has moved from one crisis to another, and the current world recession is now raising new challenges for all stakeholders in the industry. In the short-term the market is again oversupplied, but in a few years the situation could change dramatically. Though global demand for tin has fallen rapidly to an estimated 350,000 tonnes in 2008, the 15 tin companies listed on the ASX are doing extremely well. Check out an overview.

Tin Set To Shine – Early Signs of Summer?

Geetha — Thu, 05 Mar 2009 18:29:00 +0000

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 Set To Recover

Geetha — Wed, 18 Feb 2009 18:15:46 +0000

Unlike most of the other base metals, there is no growing tin surplus. Inventories held at the London Metal Exchange now sit at 8,820 tonnes, against a 52-week high of 11,430 tonnes. The potential is that a rebound in Chinese demand, coupled with the closing of mines in Indonesia, could trigger supply shortages.

Indonesia: Reduced Tin Production

Reporter — Wed, 26 Nov 2008 15:29:06 +0000

The world’s leading tin miner, PT Timah has announced it may restrict refined tin production in an attempt to counteract falling prices. PT Timah’s production curbs are representative of a growing trend in Indonesia. Tin smelters across the nation are halting production.

Republic Gold Complete Extensive Tin Drilling JV Program

Leia — Fri, 14 Nov 2008 20:28:47 +0000

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