Hindustan Zinc Limited, the operating company of Vedanta in Zinc & Lead business is on its path to further expand or debottleneck its mining and smelting capacities and is interested to sell Metal Residue, Silver Rich Low Grade Lead Concentrate, Aluminum & Metal Scrap, Other Scrap and Allen DG Set, Dumpers, BEML-Excavator, Drill Machine, Fork [...]
Zazu Metals Corporation declared that it is in receipt of a current NI 43-101 resource estimate on the Lik zinc – lead – silver deposit, located 22km from the Red Dog zinc mine of Teck Cominco in northwestern Alaska. For full story, click here
Zinc prices today slipped 1.43 per cent in futures trading on the Multi Commodity Exchange largely in line with weakening trend of base metals in overseas markets. For full story, click here
Canadian Zinc Corporation declared that it intends to renew, subject to regulatory approval, its normal course issuer bid pursuant to which the Company may purchase up to a maximum of 5,000,000 common shares in the capital of the Company, representing approximately 4.2% of the issued and outstanding shares of the Company of 118,900,563 as at [...]
The economic slump undermined zinc market: a dip in metal prices, demand reducing of consuming industries etc. However, the negative outlook only delays for time, but not stops its further development. For full story, click here
Hindustan Zinc will become the world’s leading integrated zinc-lead producer with a capacity to produce more than 1 million tonne of the metal. For full story, click here
Rio Cristal Zinc Corporation declared that the exercise price of the 1,560,000 stock options announced in press releases dated April 30, 2009 has been revised from C$0.06 to C$0.10. All other terms remain unchanged pursuant to the Company’s Stock Option Plan. For full story, click here
Zinc futures have been witnessing upward trend at the MCX counter supported by heavy purchasing by traders. For full story, click here
Xstrata Zinc declared that its zinc in concentrate production surged by 21% in the Q1 of 2009 compared to the same period in 2008. For full story, click here
Zinc premiums remain unchanged at around 2.5 to 3 cents a pound in quiet spot trading. For full story, click here
Thursday, May 28, 2009