Zinc Mining News

Peru leader seeks to rebuild trust in graft-hit political class

Underpinning investor confidence are the country’s vast mineral riches.

Top miners saw positive FY2018

Supported metal prices, debts being slashed, and production efficiency growth were the keys for the good performance.

Southern Silver increases mineral resource at Mexican project

The increase in the indicate category equates to 134 million ounces silver equivalent or 2.0 billion pounds zinc equivalent.

China’s environmental crackdown buoys lead, zinc

Zinc stocks plummeted from 900,000 tonnes at the beginning of 2014 to around 120,000 five years later - due to a rash of zinc mine closures over the past few years and tighter environmental restrictions in China.

Osisko Metals tests pre-concentrating sorters

Two technologies were tested – x-ray transmission sorting and dense media separation.

Arctic nations to meet amid tensions over environment, resources

Countries have been scrambling to claim territory or, like China, boost their presence in the region.

Faltering metals get check-up as industry gathers in Hong Kong

Base metals have had a shaky start to 2019, with a cautious Q1 advance giving way to an April drop on uncertainty about the global economy.

Hong Kong exchange to launch dollar-denominated mini contracts for base metals

The new offering comes five years after a similar product fizzled on the Singapore Exchange (SGX).

Hudbay Minerals settles board battle with shareholder Waterton

Canadian miner will elect 11 nominees of Waterton Global Resource Management, its second largest shareholder, as part of the settlement that ends a long-dragged out battle over control of Hudbay.

Automation overhaul at Matsa’s Spanish copper mines

RCT has finished a major automation project at Matsa Resources’ Aguas Teñidas and Magdalena mines in the Huelva province of Spain.

Indian zinc miner sees output rebounding in 2019/20 financial year

Hindustan Zinc, the world's second largest zinc miner, expects its output to grow in 2019/20 after a drop in the previous financial year,

Rockridge hits high grades at Knife Lake

The Knife Lake property was extensively explored from the late 1960s to the 1990s, with the last documented work program completed in 2001.

China's metals imports robust despite macro doubts

Industrial metal markets are taking a breather as they await tangible evidence that China's latest stimulus package is feeding through to a flagging manufacturing sector.

Tower Resources starts exploration program at Nechako gold project in BC

The Vancouver-based miner said the Nechako Au-Ag-Zn-Pb-As dispersal train is similar in size and strength to known trains from some of Canada's largest gold deposits.

Expect cascade of mining M&A — PwC's Braunsteiner

Recent mergers and acquisitions have brought the industry back into the spotlight, after years of speculation around how the sector could regain power, PwC's Canadian Mine report notes.

Canadian miners start 2019 off on the right foot amid mega-deals

Ernst & Young’s Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — rose 5% fin the January-March period.

Osisko Metals cut 9.4% Pb+Zn over 12 metres at Pine Point

The company has received assay results from 127 drill holes.

Noront updates progress at McFaulds No.8 VMS discovery

The company has completed a 2,059-metre copper-zinc focused program at the No.8 deposit.

Teck Resources beats profit estimates on energy business

The world's second-biggest exporter of steelmaking coal posted an adjusted profit of C$568 million ($425.12 million) for the quarter ended March 31.

Aurania Resources receives C$3m loan from chairman, CEO

The chairman and CEO also participated in the company’s rights offering last month.

Anglo steps up defense to repel Agarwal's interest: Telegraph

Anglo American’s defense advisers are said to plan attacks on the quality of Vedanta’s portfolio compared to Anglo’s assets.

Quebec pension fund boosts share position in Osisko Metals

The Quebec pension fund has been a strategic partner and shareholder in the junior since 2014.

Zinc bears on the attack again after LME stocks rise

Funds have pounced on the stocks signal as evidence that zinc's period of maximum supply tightness is now passing.

Australia's flood-damaged Mt Isa zinc railway to reopen April 29

The 1,000-km rail line is used by miners including Glencore, MMG Ltd and South 32 to carry zinc and lead concentrate.

Waterton takes Hudbay Minerals to court

The Canadian miner's second-largest investor, Waterton Global Resource Management, has filed a lawsuit against the base metals producer in a bid to constrain its ability to solicit proxies.