Articles Tagged "price of zinc"

Canadian Miners Tune Into Zinc

By Kishori Krishnan Exclusive To Zinc Investing News Its a modern day gold rush, the likes of which the northern Manitoba town has not seen for a while. HudBay Minerals Inc is to commence construction on what is anticipated to become the biggest gold and zinc mine in Canada. The site is about 700 kilometres [...]

Low metal prices put lead and zinc firms under pressure

By Leia Michele Toovey- Exclusive to Zinc Investing News Lead and zinc were on par with this week’s bearish market sentiment. Growing evidence that the financial crisis was spreading throughout the globe hit the metals hard; most influential this week was news that pointed directly too a gloomy economic future for metals consuming giant China. [...]

Rising production costs and falling prices

By Daniella D’Alimonte – Exclusive to ZincInvestingNews.com The price of zinc is continuing on its nearly 12 month downward slide. It is now sitting at around US$0.75 per pound; US$0.07 below its price at the beginning of August. “It’s a difficult time right now,” said Chris Reeves, operations assistant for Canadian Zinc Corporation (TSX: CZN). [...]

Australian mining woes and Olympic challenges

By Daniella D’Alimonte – Exclusive to ZincInvestingNews.com Australia’s mining sector has been protected during the downward flux in the economy by the  high prices for iron ore, gold and coal. However, the hapless U.S dollar is causing hardship for the country’s mining sector as commodities such as zinc and nickel continue to struggle. Down 6.5 [...]

Cut-backs and closures

By Daniella D’Alimonte – Exclusive to ZincInvestingNews.com Some of China’s small and medium sized zinc smelters faced dissapointment this week when larger smelters announced they would not be supporting production cut-backs. This decision came after the larger smelters, such as Zhuzhou Smelter Group Ltd., a subsidary of Hunan Nonferrous Metals Corp. Huludao Zinc Industry and [...]

Introduction to Zinc Investing

Zinc is used to galvanize steel, in the production of brass and zinc base alloys as well as for other construction, transportation, engineering and consumer goods purposes. While the demand in clearly present for this commodity, the current oversupply is causing the market value to plummet. Over 100,000 tonnes of surplus have been predicted for [...]

Zinc up-to-date

By Daniella D’Alimonte – Exclusive to ZincInvestingNews.com Vancouver-based Teck Cominco (TSX: TCK.A, TCK.B) has recently dropped US$4.05, or 8.4 per cent, to US$44.37 as the price of zinc and coal continue to fall. Teck has not fallen this much since July 23, 2002. Zazu Metals Corporation (TSX: ZAZ) also had a notable drop this week [...]