Tag Archive | "metal"

China to force out lead and zinc juniors?

Monday, March 16, 2009

By Leia Michele Toovey-Exclusive to Zinc Investing News Chinese lead and zinc refineries are interested in integration and expansion, but not mergers or acquisitions.  The Chinese government showed its support by providing a plan to encourage the non-ferrous industries to restructure and integrate.  The government has also mentioned that it wants to support the industry’s [...]

Zinc metal market has gone from deficit to surplus

Thursday, March 12, 2009

The global refined zinc market showed a 134,000 metric tons surplus at the end of November 2008 as compared with an 11,000 metric ton deficit in the same 11-month period of 2007. For full story, click here

Hindustan Zinc to establish Metal Park

Wednesday, March 4, 2009

Vedanta Resources group firm Hindustan Zinc met the government of Rajasthan in India with a offer to set up a `Metal Park` for ancillary units. For full story, click here

Base metals may remain upbeat

Tuesday, February 10, 2009

Base metals may rise up to 7 per cent in the short term on speculation that the stimulus packages proposed by the governments of the US and China will revive growth and boost demand for industrial commodities. For full story, click here

Zinc rates cut while lead is held steady

Sunday, February 1, 2009

By Leia Michele Toovey- Exclusive to Zinc Investing News In their bi-weekly price review, Hindustan Zinc Limited announced that effective Saturday, it had cut its prices of zinc, but held lead rates steady.  Zinc prices will drop by Rs 800 per tonne, to 68,900; whereas lead maintained its 70,200 per tonne level. Lead prices have remained strong [...]

Output cuts extend through lead and zinc industry

Sunday, January 25, 2009

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 [...]

Survival of the fittest for lead and zinc miners

Tuesday, January 20, 2009

By Leia Michele Toovey- Exclusive to Zinc investing News For the first quarter of 2009, the mantra of many lead and zinc miners is “survival”.  After the price crash of 2008, many miners have gone underwater. This is forcing cutbacks, closures, acquisitions, and even some bankruptcies. There is no question that prices will rebound as commodity cycles are [...]

Zinc and lead in the New Year

Sunday, January 11, 2009

By Leia Michele Toovey- Exclusive to Zinc Investing News 2008 was a year for unprecedented losses for both the zinc and lead markets. As economic malaise spread around the globe, zinc for three month delivery fell about 49 per cent.  Lead, due to its close ties to the auto industry, took a staggering plunge from [...]

Cutbacks make way for zinc boom

Sunday, December 21, 2008

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 [...]

Will Chinese purchases boost zinc and lead demand?

Sunday, December 14, 2008

By Leia Michele Toovey- Exclusive to Zinc Investing News The zinc industry has been quick to respond to the slump in prices and a host of producers have announced cutbacks and closures. However, without a definitive shift in the current global economic current; supply cuts have yet to directly improve pricing.   In Shanghai, spot [...]

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