🕐23.08.11 - 03:27 Uhr

22 AUGUST 2011 - CONSOLIDATED TIN MINES LIMITED (CSD) - MININGNEWS.NET TIN STORY



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Tin News: Tin: in deficit but not immune to market doldrums
The green metal remains the most valuable of the mainstream London Metal Exchange-traded commodities with a price around $US23,000 per tonne.

That said, the crisis in the financial markets caused by sovereign debt management issues in the US and the eurozone that has impacted base metals markets in August has seen tin prices test the downside at $22,000/t.

Tin has been amongst the worst hit of LME metals.
Tin miners, explorers and aspiring producers have much to look forward to, however.
The likes of Consolidated Tin Mines (CSD), Kasbah Resources (KAS), Venture Minerals (VMS), Outback Metals (OUM) and obviously Metals X Limited (MLX) will not be deterred by the recent price setback.

Similarly Minemakers (MAK) deferred plans to list spin-off TNT Mines (TNT) should proceed apace once IPO conditions improve.
To read the full article>>>> Click here.
Regards, Consolidated Tin Mines Limited 395 Lake St, CAIRNS NORTH Q 4870 Web: www.csdtin.com.au Email: Phone: (07) 4032 3319 Fax: (07) 4027 9429 If you no longer wish to receive announcements please reply to this email requesting to be removed from the mailing list



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