Brunswick Mine has avoided any output curtailments during the slump ahead of its planned permanent closure next year, despite steps owner Xstrata Plc. has taken elsewhere. For full story, click here
Continue reading "Xstrata Plc. is raising its zinc output"
Wednesday, March 11, 2009
Donner Metals holds a unique relationship with Xstrata Zinc Canada, a subsidiary of Xtrata PLC in the Matagami Mining Camp. Xstrata is already engaged in production of zinc from its Perseverance Mine at Matagami – the 11th mine in the camp since it opened in 1964. For full story, click here
Continue reading "Donner teams up with Xstrata Zinc Canada on Matagami project"
Tuesday, February 17, 2009
Xstrata Ltd said on Wedenesday mining and transport operations were being disrupted by heavy rains in Australia’s Queensland state. For full story, click here
Continue reading "Xstrata says rains hit Australia zinc mines"
Sunday, February 1, 2009
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 [...]
Continue reading "Zinc rates cut while lead is held steady"
Monday, January 26, 2009
Xstrata says it will keep some of its McArthur River mine workers on no pay because it is hopeful it will be allowed to resume mining. For full story, click here
Continue reading "Xstrata hopeful it can restart mining at Macarthur soon"
Sunday, January 25, 2009
By Leia Michele Toovey- Exclusive to Zinc Investing News The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines on-stream. Some existing producers have also shut down or curtailed output at mines and plants as high costs and low prices [...]
Continue reading "Output cuts extend through lead and zinc industry"
Tuesday, January 20, 2009
By Leia Michele Toovey- Exclusive to Zinc investing News For the first quarter of 2009, the mantra of many lead and zinc miners is “survival”. After the price crash of 2008, many miners have gone underwater. This is forcing cutbacks, closures, acquisitions, and even some bankruptcies. There is no question that prices will rebound as commodity cycles are [...]
Continue reading "Survival of the fittest for lead and zinc miners"
Sunday, January 11, 2009
By Leia Michele Toovey- Exclusive to Zinc Investing News 2008 was a year for unprecedented losses for both the zinc and lead markets. As economic malaise spread around the globe, zinc for three month delivery fell about 49 per cent. Lead, due to its close ties to the auto industry, took a staggering plunge from [...]
Continue reading "Zinc and lead in the New Year"
Sunday, December 21, 2008
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 [...]
Continue reading "Cutbacks make way for zinc boom"
Sunday, December 7, 2008
By Leia Michele Toovey- Exclusive to Zinc Investing News Shanghai base metals fell by their daily limits on Friday, chasing steep falls on the London Metal Exchange (LME). The Exchange said it would make an announcement about which contracts would be suspended after the market closed. So far this year, the zinc price is down 52 [...]
Continue reading "Low zinc and lead inventories threaten price stability"
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Friday, May 8, 2009