China’s largest lead-zinc mine discovered
China reported to have discovered the largest lead-zinc mine in Lanping Bai and Pumi Autonomous County of Nujiang Lisu Autonomous Prefecture in Yunnan Province. For full story, click here
China reported to have discovered the largest lead-zinc mine in Lanping Bai and Pumi Autonomous County of Nujiang Lisu Autonomous Prefecture in Yunnan Province. For full story, click here
Macquarie research has recommeded Hindustan Zinc as the best-quality zinc mine with an average grade of 12%, making it the lowest cost producer of zinc. For full story, click here
Bass Metals says a recent geological survey found the ore body is much larger than first estimated and the life of the mine could be extended. The small-scale open pit mine has been producing mostly zinc, lead and copper since October 2007. For full story, click here
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
The federal government has indicated it will approve the expansion of one of the world’s largest zinc mines, amid fresh reports of fish kills and contaminations. For full story, click here
Xstrata says it will keep some of its McArthur River mine workers on no pay because it is hopeful it will be allowed to resume mining. 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 [...]
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
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 [...]
Acadian Mining says it scaling back operations at its Scotia zinc-lead mine in Canada. For full story, click here
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