A Vancouver native, Charlotte recently graduated from Simon Fraser University, where she majored in English and Humanities. During her time there, SFU’s Writing and Communications program caught her attention, and she began working towards a Certificate in Editing. After completing an editorial internship at Vancouver’s Western Living magazine in the fall of 2010, she knew that she wanted to pursue editing further.
Charlotte is excited to have joined the Investing News Network as an editorial assistant, and looks forward to gaining more knowledge about the commodities sector. She plans to complete her certificate in the spring of 2013.
FastMarkets reported that zinc is up about 0.6 percent, noting that in the sell off that has taken place recently it is the only metal that has breached the low that it hit in April.
MetalBulletin reported that London Metal Exchange warehouses received large deliveries of zinc, with a delivery of 92,000 tonnes in Antwerp bringing the port’s total zinc inventories up to 192,875 tonnes.
Eos Energy Storage and New York’s Con Edison have teamed up to test a new zinc-air battery that Eos claims can provide grid-scale energy storage at “unprecedentedly” low prices.
Shanghai Metals Market reported that SHFE zinc prices moved higher after Chinese April trading data boosted the Shanghai Composite Index. SHFE zinc prices later fell, only to rebound on the back of rising LME zinc prices.
Shanghai Metals Market reported that of the market players it surveyed, 60 percent think that LME zinc prices are set to move in the range of US$1,860 to 1,900 per metric ton.
MetalMiner reported that Hindustan Zinc Ltd.’s (BSE:500188) zinc and lead production for the year ended March 31, 2013 improved significantly compared to the previous year on the back of higher prices for the two metals as well as a drop in production costs.
Shanghai Metals Market reported that zinc prices on the London Metal Exchange dropped sharply during China’s May Day holiday, brought down by economic data indicating that demand from China, Europe and the US is lackluster.
Trevali Mining is now in possession of an operations permit for its Caribou mine and concentrate plant, situated in New Brunswick’s Bathurst Mining Camp.
Beaufield Resources Inc. (TSXV:BFD) announced that it will acquire Balmat Holding Corp., a subsidiary of Hudbay Minerals Inc. (TSX:HBM), through the signing of an exclusivity arrangement and a non-binding letter of intent with Hudbay. The acquisition will give Beaufield ownership of the Balmat zinc mine.
North River Resources plc (LSE:NRRP) provided an update on its wholly-owned Namib lead-zinc project, commenting that results from channel sampling are encouraging and include results of 20 percent zinc.
