Alexco Resources Reports Q1 2012 Earnings
Alexco Resources (TSXV:AXR) also provided an update of it's Bellkeno mine with a contained metal production of more than 1.5 million pounds of zinc.
Alexco Resources (TSXV:AXR) also provided an update of it's Bellkeno mine with a contained metal production of more than 1.5 million pounds of zinc.
While it may appear as though zinc markets may be on the edge of a turn around, such projections may be premature.
Lacking the luxury and panache of the more popular precious metals, zinc has earned its keep over the centuries as an industrial base metal and, in commercial applications, as zinc oxide.
Mineweb reports that Teck Resources has advised its zinc production this year is expected to be 905,000 tonnes. The article states that: While Red Dog production is expected to increase by 15,000 tonnes, Teck’s share of zinc production from Antamina will decrease by 40,000 tonnes due to ore body sequencing. To read the full article, [...]
Steel Guru.com reports that Xstrata (LON:XTA) will increase both zinc and lead production.
By Leia Michele Toovey- Exclusive to Zinc Investing News Lead and zinc prices both started 2009 strongly, but as the year has progressed lead’s better near term fundamentals have led it to continue as the more robust of the two metals. Zinc stocks on the London Metal Exchange have consistently risen; through the month of [...]
By Leia Michele Toovey- Exclusive to Zinc Investing News The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines on-stream. Some existing producers have also shut down or curtailed output at mines and plants as high costs and low prices [...]
By Leia Michele Toovey- Exclusive to Zinc Investing News 2008 was a year for unprecedented losses for both the zinc and lead markets. As economic malaise spread around the globe, zinc for three month delivery fell about 49 per cent. Lead, due to its close ties to the auto industry, took a staggering plunge from [...]
By Heather Matthews – Exclusive to Zinc Investing News Current market climate Over the past nine months, zinc and lead spot prices have declined by 26 per cent as a result of a long-term market surplus that has negated demand for the base metals worldwide. The impact of this surplus is manifesting itself in myriad [...]
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