Tin Metal
Tin Metal
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 MUSICAL GLASS DECANTER SHOT GLASSES IN OLD HORSE WAGON 1972  US $8.95
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 Vintage Turkish Ottoman Tin Set Coffee Tea Pot 6 Goblets Sugar Bowl Tray US $199.99
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 METAL TRINKET BOX WITH ATTACHED LID US $15.98
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 Metal Tin Made in Germany Must see photos Vintage US $16.95
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 A decorative red tin with Giesha girls in the garden US $9.95
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 1830S WEDDING RING CANDLE STICK HOG STICK HOGSCRAPER CANDLESTICK US $147.50
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 Antique Tin Metal Oval Picture Frame US $5.99
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 Old mayonnaise tin US $.99
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 ANTIQUE PRIMITIVE METAL CUP 3 3 4 WELDED BOTTOM US $2.99
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 41PC VINTAGE HAND MADE METAL COLLECTION OF TIN COLORED COPPER MUSIC BOXES US $49.99
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 Antique Metal Spaghetti Tin US $3.00
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 Nice Lot of Vintage Gas Lamp Kerosene Lamp Oil Lamp Parts US $14.99
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 Antique Asian Dragon Picture Frame US $49.99
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 Road Racer Metal Balance Toy Authentic Models US $80.99
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 VINTAGE METAL TIN FISH TORCH ART CANDLE HOLDER HANDMADE ESTATE FIND US $9.99
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 Vintage American Fruit Tin Toleware Pitcher US $17.99
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 Vintage Art Nouveau Lady Portrait Metal Tin Plate Flue Cover US $25.00
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 snuf TIN METAL box vintage holland rare US $9.99
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 Antique COLUMBIA MEDALLION STUDIOS Tin Rnd Photo Frame US $9.99
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 Vintage Metal Tin Milk Pitcher One Gallon marked US $9.99
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 Large Vintage Double Candle Tin Mirrored Red Carriage Lantern US $225.00
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 TIN FOLK ART DECORATION W BIRD HANDMADE US $4.99
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 2 Vintage Toleware Trays – NICE US $12.99
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 Antique Tin over Metal Cup Mug Figural Bulls Rams Flailing Riders Playful Poses US $24.99
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 ORIENTAL METAL TIN FOOTED BOX LID ASIAN LADY 5X7X2 US $9.99
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 MUSEUM QUALITY 19TH C TIN CANDLE EXTINGUISHER SNUFFER ORIGINAL BLUE PAINT US $67.66
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Indonesian Meddling Creates Interest in Tin
By Katherine Young
April 20, 2007
While metals like copper, gold, nickel and uranium have been center-stage in the recent surge of commodities exploration and investment excitement, tin, the duller cousin, has largely been considered unworthy of notice. In the last six months, however, tin prices have risen by 40%.
Platts Metals Week average composite price for tin was $7.13 per pound in January 2007 and crept up to $8.47 by February 23 this year. The per tonne price hit US $14,000 in February, up from $12,000, and many are predicting $15,000 later this year.
Disruptions in tin supply coming out of Indonesia have had a pronounced effect on world tin supply. Indonesia is one of the world’s largest producers of tin, responsible for 85,000 tonnes (t) in 2006, surpassed only by China who produced 100,000 t in the same year. A 30% reduction in Indonesian tin exports has caused the world demand forecast to outweigh predictions for supply by 30,000 t. According to the World Bureau of Metal Statistics, tin production fell by 7,000 t between January and February 2007 year on year, due to Indonesian supply shortages. The world tin deficit for this period totaled 8,000 t even as world demand fell by 3,000 t.
Earlier this year the Indonesian government cracked down on illegal tin miners and smelters and instituted more stringent export regulations. The government has named environmental damage and abysmal health and safety standards as the reason.
On the surface, this explanation seems adequate. A reporter for Reuters, Lewa Pardomuan, described the scene on one Indonesian island: “Deep craters as big as football fields pockmark the land. Smaller craters filled with turquoise water glitter deceptively in the tropical sun. The water is highly acidic… dozens of miners have set up camps in Sunghin village in the jungles of Indonesia as they forage for tin deposits in disused mines.”
A recent story published by Bloomberg, however, suggested that the Indonesian government’s motives for slowing tin mining are strategic rather than environmental. “The changes to the management of Indonesia's tin industry come as the government has been weighing a host of additional measures to try and boost the value of the nation's commodity exports.” Considering the recent 40% jump in tin prices, any efforts at “boosting” appear to be paying off.
A USGS tin analyst who spoke to Resourcex on condition of anonymity commented: “The history of the tin markets over the last 70 or 80 years is pockmarked with a lot of speculative activity, illegal activity, rigging of the market because it is a somewhat smaller market than that of other base metals like aluminum, copper, lead and zinc.”
The spokesperson said he expects Indonesia to come back into the market this year. “They’re a poor country. They need the money badly. They won’t want to cut off their nose to spite themselves.”
USGS reports in their 2006 Mineral Commodity Summary for tin that, “Tin producers responded to the higher tin prices and stronger demand of the last several years with tin mine and tin smelter openings and expansions.”
The spokesperson from USGS tempered these predictions, adding, “I have seen some evidence of [increased tin exploration]… But you’ve got to remember, the executives at these mining companies have been around a while and they lived through long periods of low metal prices from about 1980 to 2002 in which they were losing money, so they’re only going to go back into it very gingerly.”
Further diminishing western exploration companies’ desire to re-enter the tin market could be that tin deposits seem to be most common in countries that are difficult to penetrate either politically or geographically. The USGS spokesperson said, “…there are two geological tin belts to think about. One is in South America and it runs from Bolivia over to Peru and right up into the Western Amazon area of Brazil. The bigger one though is over in Asia. It starts on the island of Tasmania off Australia and runs up through Indonesia and Malaysia, Singapore and on up through Burma and Vietnam on up to the outer reaches of China and Russia. That’s a big tin belt.”
He added that Malaysia could be an area where we see increased tin interest. “For 100 years, up until twenty years ago, Malaysia was the top dog in tin production in the world. They have been relatively inactive in tin mining. The government there, although there are a lot of people employed in the resources sector, has not been all that active in the last twenty years in recovering substantial tin reserves… And if they had the will and the need and the money they could be exploited.” USGS Mineral Commodity Summary for Tin for 2007 reports that Malaysian tin reserves are the second largest in the world, after China.
So with large tin reserves sitting in the ground dormant at least since the tin market crash of 1985, it remains to be seen what sort of exploration action will take place. Demand from China continues to be strong, and global supply, although bolstered by scrap, is nonetheless restricted, at least for the time being. The question remains: what’s next for the tin price? Resourcex asked the USGS spokesperson for his outlook: “I don’t see it going too much higher. I think the big question is China. You don’t know what’s going to happen over there. There seems to be some evidence that [Chinese economic growth] is cooling off, and will grow, but at a lesser rate.”
There are few junior resource companies trading on the TSX Venture exchange. Two we’ll be writing more about are Brett Resources (TSX.V: BBR), which has seen its share price double since February this year; and Lara Exploration (TSX.V: LRA), which recently acquired a past producing tin mine in Brazil. Read more about both at Resourcex.com
About the Author
Katherine Young writes for Resourcex Investor, an internationally distributed newsletter specializing in identifying as-yet-undiscovered resource companies representing the best in their class. For more information, visit the website www.resourcexinvestor.com.
Whats the difference in baking with tin pans or actual metal pans?
I was wondering if baking with tin pans or actual metal pans will make a difference in what i get in my cupcakes?, i was just wondering that because i just want to make em this once and metal pans are so expensive!
HI CRIS ! I THINK YOUR ASKING ABOUT ALUMINUM-PAN'S -VS- STEEL?
anyway for cupcakes aluminum cupcake pans are very good as far as i'm concerned even better ( less heat and time ) i use and reuse them sometimes even recycle them ( just wash and reuse ) i make all my cornbread in recycled-take-out dish's,great for storing it too ! but THEN again a good INVESTMENT IN GOOD BAKEWARE GOES A LONG WAY... when you have the $ go for it !! g-luck!!!!
