U.S Zinc exports surged 13% on China purchase
Offshore sales of U.S. zinc scrap rebounded in March, the second month in a row the galvanizing scrap has recovered from this year’s weak start. For full story, click here
Offshore sales of U.S. zinc scrap rebounded in March, the second month in a row the galvanizing scrap has recovered from this year’s weak start. For full story, click here
Peru’s stock market indexes soared Monday, lifted by surging mining companies and a sharp gain in various blue-chip shares, following the gains on Wall Street. For full story, click here
Shares in Korea Zinc gained after zinc material prices surged more than 5 percent on Friday. Zinc for three-month delivery on the London Metal Exchange had increased nearly 10 percent in May and was last traded at $1,550 on Monday. For full story, click here
Selwyn Resources Ltd. declared an offering of up to $250,000 in Flow-through common shares at $0.10 per share and up to $3,750,000 in Units at $0.10 per Unit in a non-brokered private placement. For full story, click here
Canadian Zinc Corporation declared that it has entered into a Subscription Agreement with Vatukoula Gold Mines plc to acquire a further 200,000,000 ordinary shares of VGM for an investment of Pounds Sterling 1,200,000, or approximately Cdn$2,160,000. For full story, click here
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 [...]
By Leia Michele Toovey- Exclusive to Zinc Investing News On the London Metal Exchange (LME), zinc prices have nearly halved to $1,198 a tonne from the end of 2007; last Thursday, lead fell to a two-year low in London. After reductions in automobile production, both General Motors Corp and Ford Motor Co cut vehicle production [...]
By Leia Michele Toovey- Exclusive to Zinc Investing News The global economic outlook seems to worsen everyday. The US, China, and India are witnessing an economic slowdown. Data coming out of Japan shows that the economy there has entered into a recession in the third quarter as corporate spending and export demand slumped. The 15 [...]
Congress is divided over the proposed 700 million dollar bailout plan that is being promoted as a solution to the current stock market crisis. This morning’s vote was only supposed to take a few moments, but it has been plagued with arguments and dissent as both sides struggle to come to an agreement about the [...]
Overview Dajin Resources Corp. (“Dajin”) holds an option to purchase a 100% interest in fifteen (15) mineral claims covering 1,770 hectares of geological terrains that are prospective for zinc/lead deposits in the Ymir region in the Nelson Mining District of south eastern British Columbia. In addition, Dajin owns a 100% interest in twelve (12) claims [...]
Get our independent commentary on zinc trends and companies delivered to your inbox.