India’s Hindustan Zinc Ltd. has lowered its zinc price by INR1,500 a metric ton to INR105,600/ton, effective immediately. For full story, click here
Canadian Zinc Corporation declared the financial results for the quarter ended June 30th 2009. For full story, click here
Facing the prospect of permitting a zinc mine , which will be surrounded by a national park, Canadian Zinc the junior miner “will limit expenditures at Prairie Creek for the foreseeable future, operating only a limited work program in the summer months,” and to continue permitting and planning activities. For full story, click here
Zinc futures prices today traded over one per cent lower on the Multi-Commodity Exchange following profit-booking by traders on concerns about the pace of economic recovery. For full story, click here
Zinc futures on Monday went up by up to 1.31 per cent, extending its upward journey, on the Multi Commodity Exchange in tandem with firming trend in Asian trade amid increased global demand for the metal. For full story, click here
Hindustan Zinc, part of Vedanta Resources, on Wednesday declared that its first quarter net slipped 15.2% due to a sharp fall in metal prices on the London Metal Exchange. For full story, click here
WA uranium explorer Prime Minerals has filed a writ for damages against corporate advisers Landlife Corporation over the $6 million sale of a Greenland zinc project two years ago. For full story, click here
Rio Cristal Zinc Corporation announced that it has received TSX Venture Exchange approval for its name change from Rio Cristal Zinc Corporation to Rio Cristal Resources Corporation. Thomas Findley, President and CEO, stated: The name change reflects a diversification of our exploration strategy. We are aware of excellent opportunities to acquire or joint venture early [...]
Chrysos Capital Corporation has entered into a letter of intent to acquire the Jubilee Zinc project and other non core exploration assets of Merrex Gold Inc. Both the companies are based in Canada. For full story, click here
Reuters quoted an analyst at state owned research group Antaike declared that China’s refined zinc production may reach an all time record in the Q3 following the commencement of 300,000 tonnes of new annual capacity and greater use of existing capacity due to high prices. For full story, click here
Thursday, August 20, 2009