Tag Archive | "mines"

Canada Zinc Metals Announces Non-Brokered Private Placement

Thursday, May 27, 2010

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 [...]

Nyrstar Agrees to Aquire Ironbark’s 19.9% Interest

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 [...]

Chinese zinc mines resume output as tags rise

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

China’s largest lead-zinc mine discovered

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

Macquarie Research recommends Hindustan Zinc for quality

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

Fed announcement spurs zinc, bypasses lead

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 [...]

Lead and zinc fundamentals diverge

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 [...]

Market sentiment wins in price tug-of-war

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 [...]

Xstrata says rains hit Australia zinc mines

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

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 [...]

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