Irish zinc explorer, Connemara Mining has discovered two high grade zinc and lead mineralizations that could lead to the opening of one of Ireland’s largest mines. With an estimated 2 million tonnes of zinc ore, Ireland is considered to possess the ninth largest volume of reserves in the world.
Continue reading "Irish Zinc Discoveries"
Tuesday, May 11, 2010
The world's largest zinc producer, India-focused mining group Vedanta Resources solidified its top position on May 10 announcing the purchase of Anglo American's zinc assets in Africa and Ireland. Obtaining 11 percent of global zinc production by increasing its capacity by 37 percent, the company expects to make a positive return on its investment within 3 years.
Continue reading "Galvanizing African and Irish Zinc Resources"
Monday, June 1, 2009
Platts declared that China’s zinc sector is divided over the impact of a possible continuing spike in three-month LME zinc prices. For full story, click here
Continue reading "Impact of rising LME Zinc Prices has divided Chinese analysts"
Friday, May 1, 2009
The LME three-month zinc price has surged 18 percent so far this year, making zinc the third best performer among LME base metals. For full story, click here
Continue reading "Zinc surplus surged 18%"
Monday, April 13, 2009
Citigroup has declared that it expected the LME’s zinc average price to be USD 1,060 per tonne in the next 2 years. It expects market demand to remain weak until the second half year of 2010, and that the over supply quantity might surge further. For full story, click here
Continue reading "Citigroup forecasted Zinc to stay at $1,060 a tonne"
Thursday, April 9, 2009
Platts declared that the wide spread between Chinese refined zinc prices and those quoted on the London Metal Exchange has led to a rise in zinc imports over the past three months, as local importers make huge profits. For full story, click here
Continue reading "Chinese zinc imports soar as domestic prices outperform LME"
Monday, March 30, 2009
Some zinc players are expecting to see the first glimmers of an economic restart, the mathematical realities of supply and demand are still holding sway for now, with price assessment for special high grade zinc inching down slightly to 2.8 cents plus LME cash from last week’s 2.85 cents. For full story, click here
Continue reading "US zinc premium dips but some signs of recovery seen"
Monday, March 9, 2009
The LME industrial metals have recently been sluggish at historical lows with sentiment in thrall to the dual financial and manufacturing crisis gripping large parts of the developed world. Zinc too has seen increasing LME warrant cancellations with the result that almost 13 percent of total metal in the system is now earmarked for physical [...]
Continue reading "Zinc feels the effects of increasing LME warrant cancellations"
Thursday, March 5, 2009
Global zinc prices on the London Metal Exchange opened this month at 49 cents per pound, continuing the downward trend from their price of 50 cents in February 2009 and 54 cents in January 2009. Mr James Hensler CEO of Horsehead Corporation, said: It’s soft right now, pretty much across the board. We are certainly [...]
Continue reading "LME zinc prices continuing downward trend"
Monday, March 2, 2009
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 [...]
Continue reading "Market sentiment wins in price tug-of-war"
For upcoming zinc investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
ZincInvestingNews.com maintains a focus on Zinc exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Zinc Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Thursday, June 24, 2010