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.
Zinc mining juniors are preparing to fill the gap between growing demand and declining production.
Selwyn Resources Ltd. (TSXV:SWN) announced that expansion drilling at the ScoZinc mine is now complete.
Trevali Mining Corporation (TSX:TV,OTCQX:TREVF) provided an update on its previously announced mine development program at the Halfmile polymetallic (zinc-lead-silver-copper-gold) deposit near Bathurst, New Brunswick.
Paragon Minerals Corporation (TSXV:PGR) provided a further update on exploration activities and results on its controlled South Tally Pond volcanogenic massive sulphide (VMS) project in central Newfoundland.
Excalibur Resources Ltd. (CNQ:XBR) reported that it has finalized non-brokered flow-through and non flow-through private placements for total proceeds of $718,000.
Paragon Minerals Corporation (CVE:PGR) provided an update on the drilling activities and results on its South Tally Pond volcanogenic massive sulphide (VMS) project, central Newfoundland.
Continental Gold Limited (TSE:CNL) announced a Maiden resource estimate for the Yaragua and Veta Sur vein systems at the Buriticá project in Antioquia, Colombia.
Trevali Mining Corporation (TSE:TV) reports that resource expansion drilling continues to extend known mineralization at the Magistral North and South deposits on the Santander mine development project, Peru.
Tarsis Resources Ltd. (CVE:TCC) reports the final diamond drill results from its recently completed program at its Erika property, Mexico.
Monday, January 30, 2012