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    market news

    Illegal Mining Hurts Tin

    Melissa Pistilli
    Sep. 16, 2009 10:56AM PST
    Market News

    Tin Investing News reports tin is getting hurt with the crackdown on illegal mining. Abrun Abubakar spokesman of PT Timah told Reuters that tin ores supply remains normal.“Miners do not stop their activity because of the crackdown because they work in our concession.” He said that Timah supported the police action as it would help reduce illegal …

    Tin Investing News reports tin is getting hurt with the crackdown on illegal mining.

    Abrun Abubakar spokesman of PT Timah told Reuters that tin ores supply remains normal.“Miners do not stop their activity because of the crackdown because they work in our concession.”

    He said that Timah supported the police action as it would help reduce illegal mining in its concession. An official at the firm said that operations at PT Koba Tin are also normal. He said “Mining activity is running normally. Tin ore supplies from sub contractors are unaffected. We are confident of achieving our production target this year.”

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