Puma Exploration (TSXV:PUM) reported 1.1% zinc from the Henry East Lens sampling program at Nicholas-Denys, New Brunswick.
Reuters Africa reported that Bulgaria's second-largest zinc and lead smelter, OTZK, plans to surge its zinc output in 2012.
Cabo Drilling Corp. (TSXV:CBE) has been awarded a 3,500 m surface drilling contract at the Karma Mine Project by BerAlb Sh A.
Eurasian Minerals Inc. (TSXV:EMX) reported further 2011 exploration results from the Balya royalty property in Turkey.
As zinc markets prepare for supply shortages in coming years, some producers are bringing new production online in 2012. But despite zinc prices reaching average historic levels, short term zinc prices and demand are expected to slide in 2012 before they hit their stride in 2013.
Bloomberg reported that Goldman Sachs Group Inc. (NYSE:GS) concluded its bet on higher zinc prices for 2012 December futures contract after zinc prices gained.
Fox Business reported that Sterlite Industries Ltd. (NYSE:SLT) has announced 17% loss in consolidated net profit for its third quarter.
San Marco Resources (TSXV:SMN) has encountered 1.1% zinc at its Tecomate property in Sinaloa State, Mexico.
Full Metal Zinc (TSXV:FZ) reported 2011 drill results from the Fortymile Silver-Lead-Zinc Property in Eastern Alaska.
Habanero Resources Inc. (TSXV:HAO.V) has received preliminary sampling results from its Lezai Multi-Element Prospect in Quebec.
Monday, February 6, 2012