Bloomberg reports that Nyrstar (EBR:NYR) plans to make a C$619 million ($630 million) bid for Breakwater Resources Ltd. (TSE:BWR).
Continue reading "Nyrstar Bids for Breakwater, Sending Shares to 3-Year High"
Thursday, April 28, 2011
Zinc, among a variety of other base metals and commodities, has recently been said to have deviated from industrial-use demand and is instead being used as a short-term hedge to provide some Chinese companies and trading houses with liquidity in the increasingly tight Chinese credit markets.
Continue reading "Growing Chinese Zinc Inventories Not Reflecting Fundamentals"
Thursday, February 24, 2011
Reuters Africa reported that the world's largest zinc smelter has launched a right issue in order to buy additional mines.
Continue reading "Nyrstar Launches Right Issue to Buy More Mines"
Tuesday, November 16, 2010
Proactive Investors.com reports that Nyrstar is now prepared to acquire Farallon Mining (TSE:FAN) for .80/share.
Friday, December 18, 2009
Nyrstar (NYR.BR), the world’s biggest producer of zinc, reported that the company is confident that steel prices will rise in 2010, as demand for galvanized steel picks up, particularly in emerging countries. The news release is quoted as saying: Nyrstar said in June it would expand into mining to complement its smelting operations, and has [...]
Continue reading "Nyrstar expects zinc prices to rise in 2010"
Tuesday, May 5, 2009
Globex Royalty wishes to inform shareholders that Nyrstar NV, a significant European based, international supplier of zinc, lead and other valuable metals has bought the Mid-Tennessee Zinc mine complex at Gordonsville, Tennessee. For full story, click here
Wednesday, April 29, 2009
Belgium’s Nyrstar, the world’s leading producer of zinc, declared that its zinc production dipped by 30 percent in the first quarter of 2009 from the final quarter of 2008 and that it planned further cost saving measures. For full story, click here
Continue reading "Nyrstar Q1 zinc output dip by 30 percent, plans savings"
Friday, April 17, 2009
Shares in Belgium’s Nyrstar, the world’s leading zinc producer, rally to a six-month high, as zinc prices too touched a six-month peak. For full story, click here
Continue reading "Nyrstar reported to be at 6-month high on zinc recovery"
Thursday, April 9, 2009
Nyrstar NV, the world’s leading zinc producer announced that it has settled some annual processing fee contracts with mining companies at just less than $200 a metric ton, based on a metal price of $1,250 a ton. For full story, click here
Continue reading "Nyrstar reported settlement of processing charges"
Monday, April 6, 2009
Shares in Belgium’s Nyrstar, the world’s leading zinc producer, rally on rising zinc prices and as part of a larger post-G20 rally for cyclical stocks. Nyrstar rises as much as 8.4 percent, and trades up 7.5 percent at 3.6 euros as of 1001 GMT, though it remains more than 75 percent lower than its 52-week [...]
Continue reading "Nyrstar surged on Zinc prices, post G-20"
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Wednesday, June 15, 2011