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
By Leia Michele Toovey- Exclusive to Zinc Investing News The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines on-stream. Some existing producers have also shut down or curtailed output at mines and plants as high costs and low prices [...]
By Leia Michele Toovey- Exclusive to Zinc Investing News Shanghai zinc opened at its upside limit of 4 per cent on Thursday, chasing the stock rally in the US and London. The rally was inspired by a US rate cut causing a short term bubble in the commodity prices. Later, prices came back to reflect [...]
By Heather Matthews – exclusive to Lead Investing News Base metals are continuing a downward spiral as the market reacts to the federal bailout plan and the general atmosphere of caution and unease. Base metal prices dropped on Wednesday, as September retail level reports (U.S.) were revealed, detailing reduced purchasing by consumers. After the report [...]
by Heather Matthews – exclusive to Zinc Investing News Zinc and lead metal spot prices showed improvement in today’s markets: this rally represents a positive development for base metals. Today, non-LME spot prices for lead and zinc were up, showing increased investor confidence in commodity investment. Zinc is currently trading at a bid/ask of .06494/0.6585, [...]
By Heather Matthews – Exclusive to Zinc Investing News Current market climate Zinc metal and lead metal spot prices are rising despite significant fear and panic in the investing world. Following the bankruptcy of Lehman Brothers World Investment Bank, and the Federal Reserve bailout (85 billion) of AIG, many analysts are predicting that more banks [...]
By Heather Matthews – Exclusive to Zinc Investing News Current market climate Shockwaves are running through global commodities markets as America faces one of its worst stock market crash since the Great Depression. The American housing market crisis has left many firms unprotected and over-leveraged: the bankruptcy of global investment bank Lehman Brothers has created [...]
Overview Dajin Resources Corp. (“Dajin”) holds an option to purchase a 100% interest in fifteen (15) mineral claims covering 1,770 hectares of geological terrains that are prospective for zinc/lead deposits in the Ymir region in the Nelson Mining District of south eastern British Columbia. In addition, Dajin owns a 100% interest in twelve (12) claims [...]
By Daniella D’Alimonte – Exclusive to ZincInvestingNews.com Australia’s mining sector has been protected during the downward flux in the economy by the high prices for iron ore, gold and coal. However, the hapless U.S dollar is causing hardship for the country’s mining sector as commodities such as zinc and nickel continue to struggle. Down 6.5 [...]
By Daniella D’Alimonte – Exclusive to ZincInvestingNews.com Though slightly improved from its US$0.78 low at the beginning of the month, zinc is still dragging at around US$0.82. Zazu Metals Corporation (TSX: ZAZ) has dropped ten per cent or US$0.04 to US$0.36 per share. Teck Cominco (TSX: TCK.B) has made a modest US$3.03 gain after a [...]
Thursday, May 28, 2009