Tag Archive | "takeover"

Of shaky zinc prices and acquisition plans

Tuesday, August 19, 2008

By Daniella D’Alimonte  At US$0.76 per pound, zinc has made a slight recovery over the last week after it dropped to an over two and a half year low of US$0.73 earlier this month.  BHP Billiton Ltd., which currently sits at around US$58 per pound (NYSE PLC), has been in the news for some time [...]

Lundin CEO sees M&A opportunities

Wednesday, July 23, 2008

Lundin Mining CEO, Phil Wright, commented that pressure on Zinc prices can provide takeover opportunities for the company. He was quoted as saying: The fact lead-zinc looks weak for the next two years probably in this industry means that, if you’re going to be buying lead-zinc assets, the next two years is a good time. [...]

Zinc Price Chart
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