Tarsis Resources Ltd. (CVE:TCC) reports its exploration update activities in the Yukon Territory, Canada. At Tarsis’ MOR project, diamond drilling of 443.83 meters has been completed in two holes designed to test a strong copper geochemical soil anomaly in close proximity to both an IP and a gravity anomaly. Mineralized intervals from the drill core have been [...]
Kria Resources (TSX VENTURE: KIA), a base metal exploration and development company, has announced its recent Halfmile Lake project results located near Bathurst, New Brunswick. The returns are as follows: 6.87% Zinc, 2.23% Lead, 52.01 g/t Silver and 0.86 g/t Gold. Dayle Rusk, Kria’s Vice President of Exploration is quoted saying: “We are quite pleased [...]
Hindustan Zinc has surged following news of exploration and surge in reserves. For full story, click here
By Leia Michele Toovey- Exclusive to Zinc Investing News Positive sentiment that spread through the markets during the week edged up most of the base metals. The U.K. benchmark FTSE 100 Index jumped 0.9 per cent and Japan’s Nikkei 225 Stock Average closed 2.7 per cent higher in Tokyo. Pessimistic data still came out of [...]
By Leia Michele Toovey- Exclusive to Zinc Investing News The recent price crash in the metals means that many miners who were once raking in cash are now cutting output and suspending operations just to stay afloat. Analysts are already bracing for metal prices to skyrocket when demand recoups. The mining boom we just witnessed [...]
By Leia Michele Toovey- Exclusive to Zinc Investing News Australia’s carbon tax program may force miners into bankruptcy. Nyrstar, the countries largest zinc and lead miner, issued a response to the governments proposed taxation scheme. Chief Operating Officer Greg McMillan said modeling prepared for the company showed that the taxation would cost the company $70 [...]
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 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, [...]
Congress is divided over the proposed 700 million dollar bailout plan that is being promoted as a solution to the current stock market crisis. This morning’s vote was only supposed to take a few moments, but it has been plagued with arguments and dissent as both sides struggle to come to an agreement about the [...]
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