China’s Yunnan Luoping Zinc & Electricity Co. has planned to expand its zinc smelting capacity by 50% to 120,000 metric tons a year in July. For full story, click here
With base metals prices struggling to rebound from last year’s plunge, miners are shaving costs to the bone and becoming more picky about the quality of ore they mine as they try to ensure profits. For full story, click here
Canadian Zinc Corp. declared that Vatukoula Gold Mines plc, in which it holds a 20 per cent stake, has reported a surge in gold output for its quarter ended May 31. For full story, click here
Korean stocks has closed 2.8 percent lower yesterday as overnight U.S. tumbles prompted a foreign selling spree. For full story, click here
Zinc futures have traded a shade higher in early trade on the Multi Commodity Exchange today as traders created fresh positions, buoyed by a firming trend in metal prices globally. For full story, click here
Sometra SA, a Romanian metals company controlled by Athens based metals and energy group Mytilineos Holdings SA, needs further gains in zinc prices before restarting its Copsa Mica zinc and lead smelter. For full story, click here
Standard Chartered has expected an upward momentum in zinc next year as demand improves, and has targeted zinc at $1,500 per tonne for 2010. For full story, click here
While surging equity markets and supposed revival in market sentiments are adding to gains of industrial metals, the demand supply scenario will continue to portray a dismal picture. For full story, click here
Taking weak cues from international markets, zinc futures slipped by 1.28 per cent in the early trade on the Multi Commodity Exchange. For full story, click here
Zincore Metals Inc. declared that the Board of Directors has appointed Mr. Jorge Benavides as Interim President and CEO, effective immediately. For full story, click here
Friday, June 26, 2009