Avrupa Minerals Ltd. (TSXV:AVU) announced that it has made three new license applications in Portugal, which have now been forwarded to the Portuguese government for signature
Recent applications of nanoengineering have made zinc oxide an ideal material to convert heat into electricity and increase energy efficiency of electronic and industrial technologies.
As the biggest consumer of refined zinc, news of China’s declining industrial output has pushed zinc prices lower on fears of the consequences for the global economic recovery.
CMC Metals Ltd. (CVE:CMB) announced that the 2011 bulk sample ore will be prepared for shipment by the end of this week.
Continued market volatility and opportunities for acquisitions were the take-away messages as heavyweight commodity producer and trader Glencore International Plc released its H1 results.
Zincore CEO and President, Jorge Benavides, commented "The result of the recent Presidential election in Peru has created significant short term volatility in the market."
While zinc failed to escape the commodity sell-off in early May, analysts are optimistic about the metal's recovery.
Zinc, among a variety of other base metals and commodities, has recently been said to have deviated from industrial-use demand and is instead being used as a short-term hedge to provide some Chinese companies and trading houses with liquidity in the increasingly tight Chinese credit markets.
Platts.com reports that trade interest appears to be waning even with Asia's new price launch for aluminum, copper and zinc.
Bloomberg.com reports that Hindustan Zinc reported significant profits in the third quarter
Thursday, October 27, 2011