Treatment charges for spot zinc concentrates paid by global miners to Chinese smelters may decline in coming months due to stronger demand from the country and lower supplies from the global market. A trade manager at Zhuzhou Smelter said: Some smelters have imported more concentrates because of lower international prices. For more information, click here
Read the full article: "Spot zinc prices may decline"
Friday, August 29, 2008
Hindustan Zinc has kept the prices of zinc and lead unchanged at previous week’s level. For more information, click here For company’s website, click here
Read the full article: "Hindustan zinc keeps prices unchanged"
Tuesday, August 26, 2008
Analyst Gayle Berry at Barclays Capital was quoted as saying: We are still very bearish on zinc. Prices look likely to fall further to $1,550 … $1,600 can turn out to be a good cost-support level. For more information, click here
Read the full article: "Bearish outlook on Zinc"
Tuesday, August 26, 2008
By Daniella D’Alimonte – Exclusive to Zinc Investing News Trading at just over US$0.80 per pound, some are now wondering if zinc has already fallen as far as it could. After Zazu Metals Corporation (TSX: ZAZ) had reached its year’s low of US$0.19 per share on August 19, it had recently gone up to US$0.24 per share, [...]
Read the full article: "Time for a turn-around?"
Tuesday, August 26, 2008
Overview Dajin Resources Corp. (“Dajin”) holds an option to purchase a 100% interest in fifteen (15) mineral claims covering 1,770 hectares of geological terrains that are prospective for zinc/lead deposits in the Ymir region in the Nelson Mining District of south eastern British Columbia. In addition, Dajin owns a 100% interest in twelve (12) claims [...]
Read the full article: "Dajin Resources: Exploration Innovation, The..."
Monday, August 25, 2008
Worldwide production of Zinc is expected to surpass consumption, resulting in falling price for the metal. According to the International Lead And Zinc Study Group: Zinc demand outlook is going to be weak in the coming months with production expected to surpass the consumption by 175000 tonnes in 2008. Zinc production is forecast to continue [...]
Read the full article: "Zinc production to surpass consumption"
Monday, August 25, 2008
Blue Note Mining reported reduction in workforce and capital spending budget at its Caribou zine operation in New Brunswick due to lower metal prices. For more information, click here For company’s website, click here
Read the full article: "Blue Note reduces workforce at its Caribou..."
Monday, August 25, 2008
HudBay Minerals Inc. will close its Balmat, N.Y., zinc mine and concentrator due to increasing costs and declining zinc prices. For full news, click here For company’s website, click here
Read the full article: "Price slump forces shutdown of HudBay zinc..."
Wednesday, August 20, 2008
Franklin Mining, Inc. Chairman and CEO William Petty said he has received a number of inquiries regarding zinc find at Bolivia’s Escala Mine. For more information, click here
Read the full article: "Zinc find at Escala generates global interest"
Wednesday, August 20, 2008
Australia’s Perilya Ltd will reduces its zinc production by almost half due to declining metal prices and will wait for a rebound in the commodities cycle before resuming operations on a full scale. Eagle Mining Reseach analyst Keith Goode said: Zinc miners are among the group feeling the most pressure from weaker metals prices. For [...]
Read the full article: "Perilya reduces zinc yield on price drop"
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Friday, August 29, 2008