With the tin price dipping nearly $US1600 a tonne since May last year, there aren’t many miners out there starting new operations – but a North Queensland company is bucking the trend. For full story, click here
Once the economy bottoms, which may happen in some countries in 2009, there is a chance demand will be a bit stronger than we’ve seen during the past few weeks and we could see prices being a bit more supported. Tin closed at $10,800 from $11,100. For full story, click here
Tin will be one of the first metals to recover once markets stabilise, says Sydney-based Resource Capital Research. For full story, click here
The outlook for base metal prices may improve in the final quarter of this year because governments’ stimulus measures will have had some time to take effect. for full story, click here
Base metals will continue to remain upbeat on positive outlook for investment in infrastructure and consumer durables, the two major users of base metals. For full story, click here
Many mining companies across all base metals have cut production at loss-making operations and delayed future projects as demand and prices have slumped.Tin was $30 higher at $11,230. For full story, click here
Anticipating low tin prices next year, Timah will sell tin products to end-users instead of traders. For full sory, click here
The price differential between the KLTM and LME widened to US$380 from US$425. For full story, click here
Accumulated turnover increased to 189 tonnes from 182 tonnes, with most of the week’s players comprising Japanese, European and local traders. For full story, click here
The KLTM price fell by US$900 to US$10,000 per tonne from RM10,900., while LME tin dropped by US$855 to US$9,855. For full story, click here
Friday, March 27, 2009