Illegal Mining Hurts Tin

- September 16th, 2009

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 … Continued

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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