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Rights Issue and Shortfall
ITRI.com reports that tin producer Vinto expects that their production by year end will be less than forecast
ITRI.com reports that tin producer Vinto expects that their production by year end will be less than forecast.
The story is quoted as saying:
Official data shows that refined tin production at Vinto in the first nine months of 2010 amounted to 8,647 tonnes, a marginal 0.3% higher than in January-September last year. In the same period total Bolivian mine output of tin-in-concentrate rose by 8.7%, but most of the increase came from small mines and co-operatives which export part of their production. Production from the state-owned Huanuni mine increased by 2.9% to 7,318 tonnes.
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