Zinc closed at $1392
Zinc forward closed at $1392 per tonne after posting $1405 a tonne. For full story, click here
Articles Tagged "close"
Zinc closed with a marginal upward movement
Zinc and lead closed with a marginal upward movement of 4.86 per cent and 3.52 per cent on the week at $1,165 and $1,177, respectively. For full story, click here
Ruhr-Zink will close its Datteln zinc plant
Germany’s GEA confirmed Ruhr-Zink will close its Datteln zinc plant. For full story, click here
Lundin Mining to close on a phased basis over three years
Lundin Mining said to close Galmoy zinc-lead mine in Ireland in May. Was to close on a phased basis over three years from end-2008. For full story, click here
Lundin to shut Irish zinc mine in May 2009
Canada’s Lundin Mining Corp said that it will close its Galmoy zinc-lead mine in Ireland in May 2009, earlier than planned, because of a sharp drop in zinc prices. For full story, click here
Dcember zinc ended at 53.20 rupees
Dcember zinc ended at 53.20 rupees per kg and December lead closed at 50.30 rupees per kg. For full story, click here
Laos to close two Vietnamese mines
Lao authorities said they plan to cancel a Vietnamese firm’s permits to exploit mines in Laos. Lao government said: Coeco Minerals Development Company will have two mining project certificates revoked after it failed to find any minerals at a zinc mine in Houaphan Province. For full story, click here
Zinc stable despite RAB hedge-fund woes
By Heather Matthews – Exclusive to Zinc Investing News Current Market Climate After months of investor withdrawals and plummeting profits, RAB, a major hedge funds investment firm that focuses on natural resources, has announced plans to alter its fee structure in order to keep investors. The firm reports profit a decrease of more than 48 [...]
Price slump forces shutdown of HudBay zinc mine
HudBay Minerals Inc. will close its Balmat, N.Y., zinc mine and concentrator due to increasing costs and declining zinc prices. For full news, click here For company’s website, click here
More Zinc operations may close due to declining prices
Tech Comnico’s CEO Don Lindsay suggested that a number of zinc operations may close due to decline in zinc prices. He was quoted as saying: Ultimately if the zinc prices stays in the current range, we think there will be other shutdowns. For full information, visit this link
