But asset sales will slow says new report.
Zinc Mining News
Moody's says base-metals will come under pressure in 2017 – and that includes the zinc price.
Zinc is the best performing metal of 2016.
Following $1.1 billion Congo mine sale Toronto-based copper-zinc miner announces inaugural dividend and strong operational forecast.
New report predicts US infrastructure spending promised by president-elect could propel global growth to highest since 2011 further boosting metals demand.
Global miners have been cutting spending on new projects and expansions since 2012.
The company, however, has decided to stay away from thermal coal assets due mainly to uncertainties over demand linked to climate concerns.
The last time the benchmark zinc price was this high, Americans were in the throws on an election that saw Barack Obama take over from George W. Bush.
Prices for the metal soared again Thursday to more than $5,700 a tonne.
"We are working hard to have the mine ready to restart production": Robert Friedland
Move will give the Vancouver miner 80% ownership of Zafranal Peru copper mine project
The innovation is expected to eliminate all greenhouse gases associated with the movement of ore and waste rock, equal to 5,000 tons of CO2 per year.
Platform aims to help local suppliers bid for contacts related to the Plan Nord, a provincial initiative to invest about $1.3 billion in infrastructure and other projects over the next five years.
Even if the US president-elect's massive infrastructure build-out plan makes it through Congress intact.
Industrial metals surge as US president elect vows massive infrastructure spending – budget could top $500 billion.
The deal includes a 17% interest in the Port Kembla Coal Terminal, south of Sydney.
The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.
While output was down for most commodities it mines and sales, it has improved earnings forecast for its trading unit.
Trevali Mining jumped more than 4% Monday after it announced the discovery of a new high-grade zinc-lead-silver mineralization at its Santander mine, located in Peru.
Miners have to look at debt, private investors and alternative financing like pre-pays for growth capital according to new report.
Black Star deposit at Mount Isa in Australia depleted after 13 years of operation.
The mining giant, North America's largest producer of steel-making coal, has raised its production forecast for the year.
Launched three years ago with a $5.6bn war chest, the fund once hailed as leader of a new wave of mining investment changes course.
The zinc junior is one of the latest picks by Rule, president and CEO of Sprott U.S. Holdings.
The process of restoring calm in local communities and the re-opening of essential infrastructure is now underway, said the miner Monday.