Doe Run Peru closed down 100% of Zinc Smelter Operations
Doe Run Peru has closed down all its smelter operations after failing to reach an agreement with banks and mining suppliers. For full story, click here
Articles Tagged "operations"
Exxaro CEO declared that zinc unit had a very positive Q1 results
Exxaro Resources Ltd., the South African mining company announced that it is reviewing the future of its zinc operations, declared the unit had a very positive first quarter after the price of the metal recovered from a 4 1/2-year low. For full story, click here
Xstrata Zinc Q1 production detail
Xstrata Zinc has declared that its zinc in concentrate production risen by 21% in the Q1 of 2009 compared to the same period in 2008. Output increased due to the inclusion of the new Perseverance mine in Canada, which commenced production on 1 July 2008 and as a result of improved volumes at the majority [...]
Doe Run Peru reaches loan accord with suppliers in Peru
Doe Run Peru is reported to have reached an agreement with suppliers to resume operations after banks halted funding to the lead and zinc refiner. For full story, click here
Arheda mining updates on operations
Arehada Mining Limited announced updates on the operations of its wholly owned Chinese operating subsidiary, Arehada Mining Corporation. For full story, click here
Acadian to scale back operations at Scotia
Acadian Mining says it scaling back operations at its Scotia zinc-lead mine in Canada. For full story, click here
Cutbacks make way for zinc boom
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 [...]
Acadian likely to halt lead-zinc mining
Declining base-metal prices are vompelling a Nova Scotia mining company to stop the operations if the province’s only lead-zinc mine near Shubenacadie. Terry Coughlan, Acadian Mining vice-president, said: If prices get to the point where we can’t make money, we may have to shut it down.In the past three to four weeks prices dropped by at least [...]
Commodity sell-off affects zinc & lead
By Heather Matthews – Exclusive To Zinc Investing News Despite the passing of the 700 billion dollar U.S. Treasury bailout plan, investor confidence remains extremely low as sellers are choosing to offload commodities, including zinc metal and lead metal, at a rapid pace. As of October 6/08, spot prices for zinc and lead have plunged [...]
Stock market crash affects lead and zinc spot prices
By Heather Matthews – Exclusive to Zinc Investing News Current market climate Shockwaves are running through global commodities markets as America faces one of its worst stock market crash since the Great Depression. The American housing market crisis has left many firms unprotected and over-leveraged: the bankruptcy of global investment bank Lehman Brothers has created [...]
