Cogitore Resources Reports Results From High-Grade “34″ Zinc Zone
Cogitore Resources Inc. (TSXV:WOO) announced the results from the high-grade "34" Zinc Zone.
Cogitore Resources Inc. (TSXV:WOO) announced the results from the high-grade "34" Zinc Zone.
Canadian Zinc Corporation (TSX:CZN) reported its 2011 financial results.
Messina Minerals Inc. (TSXV:MMI) has received the preliminary independent mineral resource estimate for the Long Lake Main Zone located in Canada.
Bearing Resources Ltd. (TSXV:BRZ) has signed a letter of intent to acquire a total interest in the 13,400 hectare Kilometer 66 next to Parrandera property in Durango, Mexico.
Reuters reported that one of China's leading lead and zinc miners, Shenzhen Zhongjin Lingnan Nonfemet (SHE:000060), announced that it will adhere to the requirements of local environmental authorities related to its Fan Kou lead and zinc mine and Dan Xia zinc smelter.
Red Crescent Resources (TSX:RCB) has updated on the results from its Hakkari Zinc Project exploration.
Bloomberg reported that according to Teck Resources Ltd. (NYSE:TCK), zinc demand is surpassing supply.
Reuters reported that Nyrstar's (EBR:NYR) 2011 profit rose less than expected in 2011 due to start up costs of mining operations.
Bloomberg reported that according to CEO of Selwyn Resources Ltd, the zinc market is encountering continuous supply shortage since limited funding for smaller companies impede new mine development.
A proposed merger between Glencore and Xstrata has brought a lot of attention to zinc. Unfortunately, zinc's moment in the spotlight also comes at a time of rising mined and refined supply which has pushed spot and three month zinc prices lower.
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