Monthly Metal Review

Tin

In London, Tin settlement price decreased to US$ 14,985.00 per tonne closing this month flat.
Indonesia’s mines minister called for stronger mining-sector regulation amidst assertions that Indo-nesia lost more than US$4.2-billion to illegal tin min-ing 2008-2013. State-owned miner PT Timah has said it loses up to 80 tonnes of tin daily to illegal miners. Timah’s president director Sukrisno cited ITRI fig-ures, saying that of the 593,404 tonnes of tin Indone-sia produced 2008-2013, some 352,000 went unre-ported.
South Africa’s Industrial Development Corpo-ration (IDC) is buying a 14.25-percent stake in Al-phamin Resources’ subsidiary in the Democratic Re-public of Congo. Alphamin DR is developing the Bisie tin mine in North Kivu province. Armed groups have intermittently controlled the area’s biggest mine for years. The US$10-million deal is to close in mid-December. Canada’s Alphamin announced a 30-percent boost in indicated mineral resources to 3.94Mt of ore at 3.94 percent Sn, or 155,236 tonnes of contained tin, at the Mpama North target of the Bisie project.
Work was to resume at the Mawchi tin and tungsten mines in Myanmar’s Bawlake district of Kayah state following fatal rainy-season landslides. The mines are controlled by Myanmar’s military.
Bolivia announced a US$106 million deal be-tween Comibol, the Bolivian state mining company, and ThyssenKrupp of Germany. Comibol will supply 13,200 tonnes of tin to ThysenKrupp during two years from 2016.
Peruvian miner Minsur reported lower third-quarter production at its Brazlian subsidiary. That was attributed to restricted energy caused by leaks in the mine’s hydroelectric-plant dam. But processing tin from slag at Minsur’s Brazilian Pirapora smelter coun-tered Pitinga’s lower mine production and boosted refined-tin output by 7 percent on-quarter. Brazilian results bring Minsur's third-quarter refined-tin pro-duction, including Peruvian tin operation, to 5,628 tonnes.
LME Tin stocks increased from 4,895 to 5,205 tonnes in November.

Daily Prices

November 2015

Copper
Date(Fix.) ($/MT)
Average 4808.24
30-11-2015 4595.5
27-11-2015 4636
26-11-2015 4667
25-11-2015 4541
24-11-2015 4527
23-11-2015 4515.5
20-11-2015 4690
19-11-2015 4610
18-11-2015 4669
17-11-2015 4700
16-11-2015 4765
13-11-2015 4825
12-11-2015 4872.5
11-11-2015 4931
10-11-2015 4933.5
09-11-2015 4990
06-11-2015 5000
05-11-2015 5053
04-11-2015 5165.5
03-11-2015 5149
02-11-2015 5137.5
Silver
Date(Fix.) ($/OZ)
Average 14.51
30-11-2015 14.08
27-11-2015 14.11
26-11-2015 14.29
25-11-2015 14.07
24-11-2015 14.14
23-11-2015 13.98
20-11-2015 14.29
19-11-2015 14.21
18-11-2015 14.17
17-11-2015 14.25
16-11-2015 14.36
13-11-2015 14.39
12-11-2015 14.39
11-11-2015 14.44
10-11-2015 14.55
09-11-2015 14.78
06-11-2015 15.08
05-11-2015 15.02
04-11-2015 15.26
03-11-2015 15.38
02-11-2015 15.4
PM MEAN AM Gold
Date(Fix.) ($/OZ)
Average 1088.39
30-11-2015 1055.65
27-11-2015 1064.65
26-11-2015 1070.5
25-11-2015 1072.2
24-11-2015 1073
23-11-2015 1068.35
20-11-2015 1085.15
19-11-2015 1073.1
18-11-2015 1070.5
17-11-2015 1080.8
16-11-2015 1094.5
13-11-2015 1083.75
12-11-2015 1087.6
11-11-2015 1088.6
10-11-2015 1092.5
09-11-2015 1095.6
06-11-2015 1107.7
05-11-2015 1107.3
04-11-2015 1118
03-11-2015 1130.9
02-11-2015 1135.8
Date(Fix.) ($/OZ)
Average 1087.05
30-11-2015 1058.775
27-11-2015 1061.025
26-11-2015 1070.75
25-11-2015 1070.1
24-11-2015 1074.7
23-11-2015 1069.425
20-11-2015 1083.45
19-11-2015 1077.85
18-11-2015 1069.125
17-11-2015 1080
16-11-2015 1089.625
13-11-2015 1082.625
12-11-2015 1087.5
11-11-2015 1087.25
10-11-2015 1089.8
09-11-2015 1092.6
06-11-2015 1098.3
05-11-2015 1106.8
04-11-2015 1116.35
03-11-2015 1127
02-11-2015 1134.9
Date(Fix.) ($/OZ)
Average 1085.70
30-11-2015 1061.9
27-11-2015 1057.4
26-11-2015 1071
25-11-2015 1068
24-11-2015 1076.4
23-11-2015 1070.5
20-11-2015 1081.75
19-11-2015 1082.6
18-11-2015 1067.75
17-11-2015 1079.2
16-11-2015 1084.75
13-11-2015 1081.5
12-11-2015 1087.4
11-11-2015 1085.9
10-11-2015 1087.1
09-11-2015 1089.6
06-11-2015 1088.9
05-11-2015 1106.3
04-11-2015 1114.7
03-11-2015 1123.1
02-11-2015 1134
Lead
Date(Fix.) ($/MT)
Average 1615.98
30-11-2015 1630
27-11-2015 1613.5
26-11-2015 1640
25-11-2015 1593
24-11-2015 1593
23-11-2015 1555
20-11-2015 1617
19-11-2015 1561.5
18-11-2015 1573.5
17-11-2015 1589
16-11-2015 1597
13-11-2015 1593.5
12-11-2015 1592.5
11-11-2015 1596
10-11-2015 1630.5
09-11-2015 1652
06-11-2015 1639
05-11-2015 1647
04-11-2015 1677.5
03-11-2015 1671
02-11-2015 1674
Zinc
Date(Fix.) ($/MT)
Average 1582.29
30-11-2015 1545
27-11-2015 1541.5
26-11-2015 1601.5
25-11-2015 1555.5
24-11-2015 1548.5
23-11-2015 1505
20-11-2015 1577.5
19-11-2015 1487
18-11-2015 1511.5
17-11-2015 1553
16-11-2015 1578
13-11-2015 1586
12-11-2015 1570.5
11-11-2015 1568
10-11-2015 1596.5
09-11-2015 1639.5
06-11-2015 1627
05-11-2015 1635.5
04-11-2015 1674.5
03-11-2015 1654
02-11-2015 1672.5
Tin
Date(Fix.) ($/MT)
Average 14742.62
30-11-2015 14985
27-11-2015 15015
26-11-2015 14955
25-11-2015 14595
24-11-2015 14230
23-11-2015 14525
20-11-2015 14795
19-11-2015 14600
18-11-2015 14660
17-11-2015 14800
16-11-2015 14845
13-11-2015 14775
12-11-2015 14655
11-11-2015 14750
10-11-2015 14595
09-11-2015 14555
06-11-2015 14710
05-11-2015 14750
04-11-2015 14880
03-11-2015 14995
02-11-2015 14925
Nickel
Date(Fix.) ($/MT)
Average 9232.14
30-11-2015 8735
27-11-2015 8765
26-11-2015 9120
25-11-2015 8650
24-11-2015 8425
23-11-2015 8160
20-11-2015 8900
19-11-2015 8885
18-11-2015 8955
17-11-2015 9165
16-11-2015 9405
13-11-2015 9365
12-11-2015 9370
11-11-2015 9450
10-11-2015 9495
09-11-2015 9600
06-11-2015 9725
05-11-2015 9690
04-11-2015 9970
03-11-2015 9995
02-11-2015 10050
Cobalt
Date(Fix.) ($/MT)
Average 24716.67
30-11-2015 25000
27-11-2015 24250
26-11-2015 23500
25-11-2015 23500
24-11-2015 23500
23-11-2015 23500
20-11-2015 23500
19-11-2015 23500
18-11-2015 24000
17-11-2015 24000
16-11-2015 24150
13-11-2015 24550
12-11-2015 24550
11-11-2015 26000
10-11-2015 26000
09-11-2015 26000
06-11-2015 25700
05-11-2015 25700
04-11-2015 26000
03-11-2015 26000
02-11-2015 26150