Zinc Mining News

Zinc's bull narrative blurred by fog of LME spreads war

The combination of spread stress and large flows of metal in the LME system suggests we've just witnessed a big bear-bull battle among physical players.

Trio of firm's mines log strong performance in Q3/17

Hecla Mining Co.'s Q3 production of silver, lead and zinc exceeded BMO's expectations, whereas that of gold reached the anticipated level.

BHP's copper production up sharply, iron ore down

Fire shrinks Mt Whaleback iron ore production, but output at world's largest copper mine Escondida in Chile jumps 23%.

Zinc price spike sparks flurry of miner listings

The metal has doubled in prices since late 2015 and investor demands are rising for this "hot commodity."

More good news for lead price as market tightens further

Chinese smelters' treatment and refining charges for imported lead concentrate slide to $20–$30 per tonne, more than $100 below last year's peak.

About a third of global concentrates now registered to trade on this new exchange

Open Mineral Exchange has managed to attract mining companies and smelters wanting to cut out the middlemen and save cash on deals for concentrates.

Mexico's mining sector to reach $17.8bn by 2020 on zinc prices, strong pipeline

Competitive operating costs and supportive government policies are also expected to play a key role in Mexico's mining industry strong recovery.

CHARTS: Mining's 2017 rally forecast to fizzle out

Consensus forecasts point to double digit declines for the platinum, zinc, copper and lead price by the end of the year, while coal is set to tank.

Robots under Swedish forest breathe life into ancient mines

Mining ihas been one of the last sectors to use a surge in computer processing power, cloud data storage and complex algorithms to make sense of huge amounts of scattered information - routine in today’s retail and manufacturing businesses.

Glencore to spend $956M to increase stake in Peru's largest zinc producer

The company will pay between $531 million and $956 million depending on the offer's level of acceptance by Volcan shareholders.

Canadian steel producer Stelco plans $150-million IPO

Following its emergence from bankruptcy protection three months ago, Stelco filed Wednesday a preliminary prospectus with securities regulators in Canada for a proposed initial public offering of its shares.

Zinc deficits persist in the short term: BMI

A new report from BMI Research states that the global refined zinc market will remain in deficit over the next few years

Nickel prices drag Canadian Mining Eye Index down

After an 11% increase in 2017’s first quarter, the Canadian Mining Eye index dropped 7% in the second quarter, according to professional services firm EY.

Central Asia Metals to buy Lynx Resources for $402m

The deal is expected to be both earnings- and cash-flow-per-share-accretive in the first full year, the company said.

Brazil's Votorantim Metais files for New York, Toronto IPO

Brazil-based mining company Votorantim Metais Holding SA filed on Thursday for an initial public offering in New York and Toronto, to tap into a wide base of investors betting on a long-term recovery in zinc, copper, lead and silver prices.

Eldorado defers decision to halt operations in Greece as talks with Gov’t begin

Company said it preserved the right to shut down operations in the country and to take legal actions to protect itself and its assets should the dialogue with the ministry of energy and environment fails.

Greece tries making peace with Eldorado, grants final permits for Olympias

While the company can now proceed with development of Olympias, is still awaiting permits for its Skouries project, the main bone of contention with Greek authorities.

Greece kicks off arbitration process over Eldorado Gold’s projects

Greek government alleges a technical study for the company’s Madem Lakkos metallurgical plant is deficient and thereby violates environmental terms.

The $10 trillion mineral resources North Korea can't tap

North Korea may not have proved petroleum reserves, but it's estimated that the secluded belligerent nation sits on reserves of more than 200 minerals—including rare earth minerals—worth an estimated up to US$10 trillion.

Greece grants permits for Eldorado after miners clash with police

The miners from the Eldorado Gold mine in the Halkidiki region were protesting looming layoffs as the company said Monday it would suspend all operations in Greece.

Fireweed Drills Wide High Grade Mineralization at Macmillan Pass Project including 10.20% Zinc, 6.28% Lead and 87.7 g/t Silver over 24.4 meters (True Width)

“We are excited to see these results not just confirm the historic grades, but also exceed them significantly in places.”

Eldorado Gold to halt all operations in Greece

Citing delays in permits from the Greek government, the company said no additional investment would be made into the Olympias and Skouries projects or the Stratoni mine, which it acquired in 2012.

The oil market is bigger than all metal markets combined

Ever since the invention of the internal combustion engine, oil has been one of the most crucial commodities on Earth.

Newly IPO'd Fireweed Zinc talks about its Yukon project

The Canadian junior recently started a six-week drilling program at its Macmillan Pass Project located 200 kilometres northeast of the town of Ross River in Yukon

10% of Mexico’s territory available for mining

Active mining concessions add up to 25,716