SMM Tin Weekly Price Review and Forecast (Jun. 23-26, 2015)

According to foreign media reports, Kazakhstan’s First Deputy Prime Minister Nurlybek Nalibayev recently met with representatives of international mining company Zijin Mining Group. The two sides discussed prospects for investment cooperation in Kazakhstan’s mining and metallurgical sector, including projects involving the development and processing of solid minerals. Zijin Mining also expressed interest in the Shalkiya lead-zinc deposit in Kyzylorda Region and indicated its willingness to further explore the possibility of participating in the project.

Zhongjin Lingnan announced that its Fankou lead-zinc mine has completed rectification in accordance with the relevant work requirements of the Guangdong Provincial Department of Emergency Management, and has passed the acceptance inspections by higher-level safety regulatory authorities at each level. Production will resume from September 17, 2026. The company previously disclosed that at approximately 9:45 a.m. on August 1, 2026, a roof fall accident occurred in an underground stope access at the Fankou lead-zinc mine, resulting in one fatality. After the accident, the company received the "Notice on Ordering the Fankou Lead-Zinc Mine to Suspend Production" issued by the Shaoguan Emergency Management Bureau, and the Fankou lead-zinc mine suspended production in accordance with the notice.