The State Administration of Taxation was quoted as saying: China will cancel the export rebates on unwrought zinc and silver with a purity higher than 99.99 pct. For full news, click here
Read the full article: "China cancelled export rebate"
Thursday, July 31, 2008
Zinc prices jumped more than 5 percent in China after the country cancelled export rebates for the metal. For full story, click here
Read the full article: "Zinc prices surged more than 5 percent in..."
Thursday, July 31, 2008
Low metal prices resulted in 80 percent decline of Q1 profits of Russia’s Chelyabinsk Zinc. For full story, click here
Read the full article: "Chelyabinsk Zinc Q1 profit declined by 80..."
Thursday, July 31, 2008
HudBay Minerals Inc. released its Q2 results. Net earnings in the second quarter were $33.2 million compared with $69.1 million in the second quarter of 2007. The lower average realized price for zinc was cited as one of the reasons for the decline in profits. For full news, click here
Read the full article: "Hudbay reports second quarter results"
Tuesday, July 29, 2008
Zinc was down $55 to $1,870 per tonne on LME, as most base metals declined due to strengthening of US dollar. For full news, click here
Read the full article: "Zinc at $1,870 per tonne on LME"
Tuesday, July 29, 2008
According to the First Mining Company, Russia faces shortage of zinc. Boris Zubarev, head of the mining company, was quoted as saying: The Chelyabinsk Zinc Plant, the country’s main zinc producer, has to import zinc concentrate. For full news, click here
Read the full article: "Russia faces shortage of zinc"
Tuesday, July 29, 2008
Western Mining Co, China’s second-largest lead miner, lowered zinc output forecast for 2008 as falling zinc concentrate prices reduced first-half profits. The company was quoted as saying: Western Mining expects to produce 54,300 tonnes of zinc, down from its initially planned 70,000 tonnes. For full story, click here
Read the full article: "China’s Western Mining lowered zinc..."
Tuesday, July 29, 2008
Inmet Mining reported a steep decline in its second-quarter profit by 51 percent, as lower zinc prices reduced its second quarter sales by C$53-million. For full news, click here
Read the full article: "Inmet’s profit dips due to lower zinc..."
Tuesday, July 29, 2008
By Daniella D’Alimonte – Exclusive to ZincInvestingNews.com Though slightly improved from its US$0.78 low at the beginning of the month, zinc is still dragging at around US$0.82. Zazu Metals Corporation (TSX: ZAZ) has dropped ten per cent or US$0.04 to US$0.36 per share. Teck Cominco (TSX: TCK.B) has made a modest US$3.03 gain after a [...]
Read the full article: "Zinc this week"
Monday, July 28, 2008
Zinc closed at $1,925 a tonne on short covering took place by funds. For more information, click here
Read the full article: "Zinc closed at $1,925 a tonne on LME"
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Thursday, July 31, 2008