Full Metal Zinc Appoints Mr. Al Paterson to Board of Directors and Grants Stock Options
Full Metal Zinc Ltd. (CVE:FZ) reports Al Paterson has joined its board of directors and it has granted stock options to employees.
Full Metal Zinc Ltd. (CVE:FZ) reports Al Paterson has joined its board of directors and it has granted stock options to employees.
Beaufield Resources Inc. (CVE:BFD) reports it has completed the current phase of drilling on its Tortigny zinc-copper-silver deposit.
Iberian Minerals Corp. (CVE:IZN) reports financial and operating results for the three month period ended March 31, 2011.
Zinc declined in London Thursday as expectations of slower growth in China decreased the demand outlook for base metals. China’s attempts to cool inflation are expected to result in an 8.7 percent growth rate in 2011, down from 10 percent in 2010.
Strong evidence that the world’s economies will weather the current storm resulted in zinc having one of its most positive weeks, in terms of price gains.
Zinc prices traded marginally higher Thursday, as part of an overall optimism in the markets that the new Fed stimulus plan will stoke the U.S. economy’s recovery.
Zinc hit a four month high in early trading as economic data out of the world’s two largest economies, the United States and China, bolstered overall market sentiment.
Zinc has been the metal to witness the biggest gains over the past month, rising 5.5 percent to beat out counterparts copper, aluminum, and nickel.
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 [...]
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 [...]
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