Untuk Pak Angelo yth dan fans TINS lainnya :-) Makro view: setoran deviden BUMN diharapkan naik. Kalau defisit APBN di atas minus 3%, GOI bisa kena impeach coz melanggar UUD. http://web.bisnis.com/sektor-riil/bumn/1id48084.html
http://www.metalprices.com/metalNews.asp?id=68799&svc=RN&type=1 16 Apr 2008 09:58 GMT INTERVIEW-UPDATE 1-Indonesia limits won't cut Timah tin output (Adds details) By Polly Yam HONG KONG, April 16 (Reuters) - Indonesia's PT Timah Tbk , the world's largest integrated tin miner, will not have to cut production if Jakarta opts to go ahead with a plan to set national output limits, its president said on Wednesday. Wachid Usman also told Reuters that Timah would keep its tin production at 55,000-60,000 tonnes this year, nearly flat from last year but potentially coming up just shy of the 60,000 tonne target it had set at the end of last year. "Timah is state owned. The government protects our production," Usman said at the sidelines of a tin conference in Hong Kong organized by ITRI Ltd and Metal Events. Usman said the Indonesian government was likely to set an output limit of 100,000 tonnes a year, in line with an informal target that it has referred to in recent months, but would increase that to ensure strong demand is satisfied. "(The goverment) will make controls of the fundamentals to balance supply and demand. If the demand increases, I think the government will also increase (the quota)," Usman said. A senior ministry official announced the potential limits in Jakarta on Tuesday, stoking anxiety over supplies from the world's largest tin exporter, whose shipments have fallen from last year due to an ongoing crack-down on illegal mining. M.S. Marpaung, director of coal and minerals at the mines and energy ministry, said the new restrictions were meant to secure future supplies and reduce environmental damage. He did not say when they might be imposed. Tin prices hit an all-time contract high of $21,300 a tonne on Tuesday on worries over supplies from Indonesia and matched that level on Wednesday, up 27 percent this year. Usman said Indonesia's tin production was unlikely to fall below 100,000 tonnes a year in 2008 and 2009. If it did, the world market would have a shortage, he added. It exported about 119,000 tonnes of tin in 2006, as illegal mines flourished. Usman said he expected world tin prices to rise from the current level this year on increased production costs. BANGKA CRACK-DOWN The government of Bangka, Indonesia's main tin mining hub and Timah's headquarters, has tried to control illegal mining since 2000 without much success, Usman said. "In Bangka, around 20,000 people, maybe more (are mining tin)," he said. Usman said some 4,000 miners were digging tin ores from Timah's property and they had contracted to sell the ores to the firm. But some contracted miners were selling ores to other tin producers, reducing ore supplies to Timah. After more than one hundred years of tin mining in Bangka, reserves on the land is depleting fast and that is forcing Timah to increase investment in mining off-shore, where it hopes to procuce 25,000 tonnes of tin next year. Usman said Timah would increase dredgers to dig tin in waters outside Bangka and was seeking cooperations with other firms on off-shore mining, Usman said. Off-shore mining should account for about 35 percent of the firm's tin output next year, from 15-20 percent this year. Send instant messages to your online friends http://uk.messenger.yahoo.com
