Ausheds: "Is there much tin mining still going on in Malaysia?"
Thanks for the many words of encouragements. To simply answer that particular question 2 words, "It's BOOMING" please check the article i have pasted below:
http://arabnews.com/economy/article417734.ece
SINGAPORE: Singapore-listed tin producer Malaysia Smelting Corporation (MSC) is currently looking to acquire concessions for 3-4 tin mines in Malaysia and Indonesia to tap into strong demand from China's booming electronics industry.
The company may invest up to 200 million Malaysian ringgit ($65.7 million) to increase its mining assets in the near term, MSC CEO Mohd Ajib Anuar told Reuters in an interview.
MSC currently operates two mines in the Malaysian state of Perak and Indonesia's Bangka Island. It also processes tin at its two smelting plants in Penang and Bangka, which have total capacity of 60,000 tons.
"We raised 104 million ringgit from the Singapore listing, and out of that we've earmarked 80 million ringgit for financing development of new mines," Anuar said.
When you paste this Article on the Anti-lynas forum they just conveniently ignore it as it proofs they are hypocritical.
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