A mineral exploration company, Canada Zinc Metals Corp. (CZX – TSX Venture) has announced a private placement of 5,000,000 Units at a price of $0.60 per Unit for gross proceeds of up to $3,000,000. Peeyush Varshney, CEO & Chairman is quoted saying: “All of the company’s claims (77,889 Ha), with the exception of a small [...]
Continue reading "Canada Zinc Metals Announces Non-Brokered Private Placement"
Monday, May 24, 2010
Nyrstar NV has announced that it has agreed to acquire a 19.9% interest in Ironbark Gold Limited (ASX-IBG) (Ironbark) for (approximately) €3.5 million. Mr Erling Sorensen, chief commercial officer of Nyrstar is quoted saying: “We are excited by this investment and our new relationship with Ironbark as we believe that the Citronen zinc-lead project has [...]
Continue reading "Nyrstar Agrees to Aquire Ironbark’s 19.9% Interest"
Wednesday, April 22, 2009
Most of China’s zinc mines have resumed production, returning more than 85 percent of China’s zinc mining capacity to operation, up from 20 percent in February, market sources estimate. For full story, click here
Continue reading "Chinese zinc mines resume output as tags rise"
Monday, March 23, 2009
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
Continue reading "China’s largest lead-zinc mine discovered"
Monday, March 23, 2009
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
Continue reading "Macquarie Research recommends Hindustan Zinc for quality"
Monday, March 23, 2009
By Leia Michele Toovey- Exclusive to Zinc Investing News The Fed’s announcement to purchase treasuries sent lead and zinc on their largest ascent in two months. Fed officials voted on March 18 to buy Treasury and mortgage bonds in an effort to revive America’s economy, lifting stocks as well as commodities. Copper, zinc and aluminum [...]
Continue reading "Fed announcement spurs zinc, bypasses lead"
Sunday, March 8, 2009
By Leia Michele Toovey- Exclusive to Zinc Investing News Lead and zinc prices both started 2009 strongly, but as the year has progressed lead’s better near term fundamentals have led it to continue as the more robust of the two metals. Zinc stocks on the London Metal Exchange have consistently risen; through the month of [...]
Continue reading "Lead and zinc fundamentals diverge"
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"
Tuesday, February 17, 2009
Xstrata Ltd said on Wedenesday mining and transport operations were being disrupted by heavy rains in Australia’s Queensland state. For full story, click here
Continue reading "Xstrata says rains hit Australia zinc mines"
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 [...]
Continue reading "Zinc rates cut while lead is held steady"
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Thursday, May 27, 2010