Nyrstar, the world’s largest zinc producer, reported wider-than-expected full-year loss after a decline in smelting fees and a 575 million-euro ($735 million) asset writedown. For more information, click here
Read the full article: "Nyrstar Posts Loss After Zinc Smelting Fees..."
Friday, February 27, 2009
European zinc producers are preparing to make further production cuts to handle growing supply glut and weak prices, world No. 2 producer OZ Minerals Ltd said on friday. For more information, click here
Read the full article: "OZ Minerals CEO sees more zinc cuts in Europe"
Thursday, February 26, 2009
Zinc prices gained the most in weeks after the Chinese State Reserve Bureau decided to buy 100,000 tons of zinc from local smelters and the metal’s outlook looks positive. For full story, click here
Read the full article: "Outlook for zinc positive"
Thursday, February 26, 2009
Benchmark terms for zinc treatment charges have been agreed as the annual American Zinc Association’s (AZA) conference comes to an end. For more information, click here
Read the full article: "Zinc treatment charge terms agreed at AZA..."
Tuesday, February 24, 2009
Exxaro will continue its loss making zinc business for now, speculating on future demand from South Africa and beyond, and said it expects the market to pick up in 2010. For more information, click here
Read the full article: "Exarro to continue on loss making zinc..."
Tuesday, February 24, 2009
China’s State Reserves Bureau purchased 100,000 tonnes of refined zinc from eight local smelters at 11,450-11,500 yuan per tonne on Wednesday. For more information, click here
Read the full article: "China’s SRB purchased 100,000 T of..."
Monday, February 23, 2009
Prime Minister Ali Mujawar laid foundation stone for the first mine project on Monday in Yemen for exploring zinc in Sulb Mountain in Nehm area with investment cost estimated at $ 200 million. For more information, click here
Read the full article: "Yemen establishes zinc project worth $ 200..."
Monday, February 23, 2009
China’s State Reserves Bureau (SRB) has called a meeting in Beijing on Wednesday to procure refined zinc from smelters. For more information, click here
Read the full article: "China’s SRB calls meeting on Wed to..."
Sunday, February 22, 2009
Output cuts brought on by steep declines in zinc demand may drag out talks between miners and smelters negotiating refining fees beyond this week’s annual American Zinc Association’s (AZA) event. Industry sources said: Sizeable mine shutdowns since the fourth quarter should surely drag TCs below last year’s deals. For full story, click here
Read the full article: "Zinc output cuts may assist miners in TC..."
Sunday, February 22, 2009
Agnico-Eagle results reported that the companies forth quarter results have been negatively affected by lower zinc prices. For full story, click here
Read the full article: "Agnico-Eagle Q4 results hurt by lower zinc..."
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Friday, February 27, 2009