Holes and test pits are finally completed on the edge of Dartmoor by Wolf Minerals, Australian-based mining company. The plan was also acknowledged by Devon County Council and English Heritage. James Paxman, from the Dartmoor Preservation Association, said, “We’ve met a number of times with the mineral company and we’re convinced these are good intentions and [...]
Continue reading "Tungsten and Tin Test Mining Completed by Hemerdon"
Monday, October 26, 2009
Tin mining is to make a triumphant return to Cornwall as part of a landmark scheme which will create 1,000 new jobs and see vast swathes of land turned over to housing and employment. Western United Mines has sealed a deal that will bring mining operations back to life.
Continue reading "Rising Metal Prices Puts Mine On Track"
Thursday, August 20, 2009
Lots of positive sentiment in the air. Rio Tinto, the world's second-largest miner, said it saw signs of recovery in China and it expected aluminum AL-FT prices to rise in the second half of 2009. Indonesia's tin consortium, Bangka Belitung Timah Sejahtera too expects a 20-30 per cent increase in its monthly production of 2,000 tonnes during the Muslim fasting season which starts on Saturday.
Continue reading "The Rise & Rise Of Tin"
Wednesday, July 22, 2009
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.
Continue reading "Tin Tops Trade"
Monday, April 6, 2009
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.
Continue reading "Tin Gets A Gentle Nudge"
Wednesday, March 18, 2009
It couldn't have come at a better time. Sentiment on the LME metals complex is still trapped between the conflicting signals coming from East and West, resulting in choppy, consolidatory price action. However, downside momentum has stalled across the board with predators now looking for "relative value" plays.
Continue reading "Demand for tin shoots up"
Thursday, March 5, 2009
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.
Continue reading "Tin Set To Shine – Early Signs of Summer?"
Wednesday, February 18, 2009
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.
Continue reading "Tin Set To Recover"
Monday, February 9, 2009
China has been bailing out its struggling domestic smelters by stockpiling metals since December. Heralding the Chinese New Year, wherein most companies and projects run overtime during the Spring Festival in order to ensure annual production plan, several firms have decided to take the long road.
Continue reading "Tin firms tread the long road"
Wednesday, January 14, 2009
Normally, tin doesn't get a lot of attention. The lowly, non glamorous tin is becoming increasingly important however, overtaking lead as the metal of choice in modern electronics soldering, especially after EU regulations requiring lead-free solders was implemented in 2006. In 2006, tin accounted for 50 per cent of solders; in 2007, that market share grew to 52 per cent.
Continue reading "Low prices and creeping demand"
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Friday, May 7, 2010