Management Energy, Inc. (OTCBB: MMEX) intends to acquire a number of mining properties in Colombia and Peru, which include zinc mines. The article states: Jack Hanks, the Chairman and Chief Executive Officer of Management Energy, Inc., announced a new direction for the Company and additions to its management team to implement its South America focus. [...]
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.
Callinan Mines (CVE:CAA) reports that a second drill has been mobilized to their Coles Creek property. The Coles Creek project consists of more than 13,000 hectares, south of Houston, BC in the Omineca Mountain range. The property is 17 kilometers south of the Huckleberry mine, and 70 kilometers southwest of the formerly producing Equity Silver [...]
Most of China’s zinc mines have resumed output, returning more than 85 percent of China’s zinc mining capacity to operation, rise from 20 percent in February. For full story, click here
By Heather Matthews – Exclusive to Zinc Investing News Current market climate Zinc metal and lead metal spot prices are rising despite significant fear and panic in the investing world. Following the bankruptcy of Lehman Brothers World Investment Bank, and the Federal Reserve bailout (85 billion) of AIG, many analysts are predicting that more banks [...]
By Heather Matthews – Exclusive to Zinc Investing News Current Market Climate After months of investor withdrawals and plummeting profits, RAB, a major hedge funds investment firm that focuses on natural resources, has announced plans to alter its fee structure in order to keep investors. The firm reports profit a decrease of more than 48 [...]
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