Prices have fallen by 55.8% in 2008
Prices have already fallen by 55.8% in the year to date to $1,120 per tonne on London Metal Exchange (LME). For full story, click here
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Namibian zinc miners will not cut production
Thursday, November 27, 2008
Namibian zinc miners said that the fall in the prices of zinc on the international market amid a slowdown in global economic growth would seriously hurt their revenues but assured the market they would continue digging. For full story, click here
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Royalties distribution law approved in Peru
Wednesday, November 26, 2008
Peru’s government approved a law that changes how mining royalties are distributed in the Andean country, Peru is the world’s second-largest producer of zinc. For full story, click here
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Zinc was up 2.09 percent
Wednesday, November 26, 2008
Benchmark zinc was up 2.09 percent at 61.1 rupees per kg. For full story, click here
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Zinc shrinks as supply outpaces demand
Tuesday, November 25, 2008
Key domestic users of zinc such as auto and steel sectors can raise a toast as a study by a global industry body has forecast that outlook for the metal continues to remain bleak for the next 12-15 months, mainly on oversupply. For full story, click here
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Hindustan Zinc wins Asian CSR Excellence Award
Tuesday, November 25, 2008
Hindustan Zinc Ltd (HZL), a Vedanta Group company, said it has bagged the ‘Asian CSR Excellence Award-2008′, a prestigious recognition in the field of corporate social responsibility. For full story, click here
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Zinc prices may continue to decline
Monday, November 24, 2008
The sharp fall in zinc prices may continue in the short term (two to three months) with no major demand forthcoming. Prices have already crashed 48 per cent from $1,700 a tonne three months back to $1,150. For full story, click here
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Anglo American Plc keen on Indian tie-ups in mining
Monday, November 24, 2008
Global mining major Anglo American Plc said that it is keen on roping in local players to forge joint ventures in India’s mining sector, where the UK-based firm intends to be a long-term player.The company is interested in the mining of zinc. For full story, click here
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Zinc and lead companies underwater
Sunday, November 23, 2008
By Leia Michele Toovey- Exclusive to Zinc Investing News The global economic outlook seems to worsen everyday. The US, China, and India are witnessing an economic slowdown. Data coming out of Japan shows that the economy there has entered into a recession in the third quarter as corporate spending and export demand slumped. The 15 [...]
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Zinc prices were unchanged at $1,180.
Friday, November 21, 2008
Zinc prices were unchanged at $1,180.. Rise in warehouse stocks and concerns over future demand for industrial metals capped any major advances. For full story, click here
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- Trevali Mining Corp. – North and South American Silver-Lead-Zinc Deposits
- Avrupa Minerals – Seven Mining Projects Throughout Portugal and Kosovo
- Paragon Minerals – 100% Owned Gold and Base Metal Projects with Significant Discoveries
- Rio Cristal Resources- Zinc Exploration in Peru
- Tamerlane Ventures Inc. – Advancing Pine Point Zinc-Lead Property, NWT
- Tarsis Resources – Gold, Copper and Silver Exploration in the Yukon and Mexico
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Thursday, November 27, 2008