As analysts expected, zinc prices didn't see much movement during November.
Analyst Joseph Gallucci spoke to Resource Investing News about the current zinc market and the potential of Zazu Metals' Lik project in Alaska.
Here's a look at the 10 countries that produced the most zinc in 2012, based on numbers from the US Geological Survey.
Some analysts believe zinc prices will nearly double in the coming years; others think they will stay flat.
Investing News Network Editor Vivien Diniz recently spoke with Trevali Mining (TSX:TV,OTCQX:TREVF) CEO Dr. Mark Cruise about the recent start of production at the Santander zinc-silver-lead mine in Peru.
M Partners issued an Intraday Note on Trevali Mining, maintaining their Buy rating.
Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) reported that in November, Santander mill throughput continued at full nameplate capacity of 2,000-tonnes-per-day, and concentrate shipments resulted in approximately 5,000 tonnes of zinc concentrate and 900 tonnes of lead-silver concentrate delivered and sold to partner Glencore.
Aston Bay Holdings Ltd. (TSXV:BAY) closed the second tranche of its non-brokered private placement for gross proceeds of $71,500.
Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) reported the closing of its previously announced bought-deal offering of $46,006,900 comprised of 55,430,000 common shares at a price of $0.83 per share.
Zincore Metals Inc. (TSX:ZNC) Vice President for Corporate Development, Adam Ho, spoke to Resource Investing News about the Accha Zinc Oxide District (AZOD) in Peru
Tarsis Resources (TSXV:TCC) President and CEO, Marc Blythe, spoke to Resource Investing News on the Company’s two important properties in Mexico, and explained the advantages of Tarsis operating under a prospect generator business model. “Buy low and sell high” is advice Mr. Blythe had for investors, along with taking a look at whether or not [...]
Zazu Metals (TSXV:ZAZ) President, Matthew Ford, talks about the Company's Lik Project in Alaska and how it "checks all the boxes you need for a property to become a mine." He also talks about the positive outlook that zinc has right now.
Discovery Harbour Resources Corp. (TSXV:DHR) President and CEO, Ian Graham, spoke with Resource Investing News on its flagship project, Wabassi, located in northern Ontario.
Shanghai Metals Market reported that after closing yesterday at US$1,893 per metric ton (MT), zinc on the London Metal Exchange (LME) is expected to trade between US$1,885 and $1,905 per MT today.
Reuters reported that Andrew Michelmore, chief executive of China's MMG Ltd. (HKEX:1208), believes that zinc prices are set to rise as demand increases and large mines shut down. However, that outlook depends in part on whether China steps up to produce the zinc that will eventually be needed.
Reuters reported that as China's demand for zinc increases and expectations grow that the metal will fall into deficit, major companies, including Glencore Xstrata plc (LSE:GLEN) and Nyrstar NV (EBR:NYR), are funding new mines.
Reuters reported that in 2014, China's zinc consumption is expected to rise as a result of urbanization plans, infrastructure projects and strong production of cars. As a result, the country will continue to import large amounts of zinc.