The Camborne School of Mines (CSM) will play a pivotal role in an international collaboration aimed at reviving and stimulating the tin mining industry in Malaysia’s second largest state. During December, the university signed a technical cooperation agreement with key representatives from the Malaysian state of Perak, at a special ceremony in Hertfordshire. 


Situated to the north of Kuala Lumpur, Perak was once renowned as one of the world’s largest tin producers. This agreement will seek to boost the state’s endeavors to develop a sustainable and cohesive mining industry within Perak. 


CSM Professor Kip Jeffrey said the agreement offered an important opportunity to apply and pass on new knowledge to the burgeoning Perak mining industry. “This exciting partnership will deliver considerable benefits to both the people and economy of Malaysia,” Jeffrey said. “This is a great opportunity to apply the latest advances in development of sustainable mining technologies and practice to the tin industry and to pass them on the next generation of engineers and researchers, to create a sustainable industry and associated educational opportunities.” 


Jeffrey was joined by Aminudin Hashim, CEO of Menteri Besar, one of the state’s investment arms, and David Bishop, managing director of ITRI Ltd. The signing ceremony was also witnessed by the Rt. Hon. chief minister of Perak, Dr. Zambry Abdul Kadir, as part of his official visit to London.


Speaking at the ceremony, Aminudin Hashim expressed that the state govern-
ment is currently embarking on developing a comprehensive “Mining Blueprint.”


Formed under the Menteri Besar Incor-
porated Enactment 1951, Menteri Besar is a diversified mining, property and investment holding arm of the state of Perak in Malaysia, and empowered as the state government’s strategic investor and interest holder in re-emerging industries and markets. Its main objective is to promote sustainable economic growth and hold strategic interest for the state government thus eventually contributing toward the improved socio-economic well-being of the people of Perak.

(January 2, 2014)

 

Precious Metals($/oz)Base Metals($/mt)Minor Metals($/mt)Exchange Rates(U.S.$ Equivalent)
Gold $1,223.00 Aluminum $1,755.50 Molybdenum $21,500 Euro (€) 1.3717

Silver $20.01 Copper $7,439.50 Cobalt $30,000 U.K. (£) 1.6529

Platinum $1,409.00 Lead $2,212.00     Canada ($) 0.9401

Palladium $730.00 Nickel $13,905.00 Iron Ore ($/dmt)   Australia ($) 0.8902

Rhodium $1,025.00 Tin $22,490.00 Fe CFR China $134.50 South Africa (Rand) 0.0946

Ruthenium $57.00 Zinc $2,082.00     China (¥) 0.1639

Gold and silver prices provided by KITCO Bullion dealers (http://www.kitco.com). Platinum group metals prices provided by Johnson Matthey (http://www.platinum.matthey.com). 
Non-ferrous base and minor metal prices provided by London Metal Exchange (http://www.lme.co.uk). Iron ore prices provided by Platts Iron Ore Index. Currency exchange rates were provided by the GoCurrency.com.

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