Tag Archive | "target"

Caribou mine close to achieving recovery targets

Monday, July 28, 2008

John Martin, president of Blue Note Metals Inc, which operates Caribou and Restigouche mines, was quoted as saying: We’re looking at 300,000 tonnes a day through the mill at 80 per cent zinc recovery and about 66 per cent lead recovery. We’re over 75 zinc now and are running fairly consistently over 75 zinc and [...]

Hudbay Mineral’s price target reduced

Tuesday, July 22, 2008

Lower zinc prices, coupled with acquisition of Skye Resources will reduce Hudbay’s cash flow and earnings this year by 39% and 58% respectively. Wellington West analyst Catherine Gignac has lowered the price target of the company from $18.50 to $14.75. For full information, click on this link

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