Zinc Mining News

Mining has nothing to fear from Fed rate hikes

Study shows commodities have been the best performing asset class during Fed rating hike cycles since 1983 with average returns for industrial metals 44%

South32 posts $1.6bn loss but pays maiden dividend

The miner continues to look for new assets, including Anglo American’s 40% stake in their manganese joint venture — Samancor.

Investing in the new resource bull market

After four grinding years of falling metal prices and vanishing market capitalizations, we have seen a stunning shift in market sentiment since mid-January, says Matt Geiger of MJG Capital. Multiple physical commodities are now in technical bull markets.

McArthur River mine could cost up to $1B to remediate

The McArthur River mine in Australia is looking at a nine-figure clean-up bill, says a new report on one of the world's largest producers of lead, zinc and silver.

Moody’s has just called the bottom of the commodities rout

The worst is over, at least for base metals, says Moody's, but warns that challenging industry conditions should continue through to at least 2018.

Copper price is going nowhere

New report says base metal prices have bottomed, but there's hardly any upside – and that includes the zinc price.

CHART: China must import more ore

China's domestic iron ore, copper, nickel, zinc, lead and bauxite mining output is slowing dramatically.

Four China charts to turn you into a mining bull

And one that's ultra-bearish.

Chinese ban may breathe new life into zinc price rally

Beijing cuts off power to 26 mines in key Chinese zinc, lead production region.

Glencore tries to enforce its rights in Bolivia

Bolivia seized three of Glencore’s operations in nine years and the Swiss giant is now initiating arbitration proceedings against the South American nation.

This chart shows how tough mining conditions still are

Glencore's will continue to curtail production in zinc, copper and other metals – it's clear why.

CHARTS: Maybe India can ignite new commodity supercycle

Rapid, large-scale urbanization will see India's top three cities rival the combined economies of Vietnam, Philippines and Malaysia.

Asteroid miner Deep Space to launch first commercial mission by 2020

The mission's goal is to map a target asteroid, looking for deposits of water and other resources with visible and infrared cameras.

Gold price rally sparks $50 billion of commodity investments

New report shows commodity assets under management jumping to $235 billion, the best performance since 2009, largely due to physical gold ETF inflows.

This is what a broad-based metals and mining rally looks like

CHART: The gold price may grab headlines, but coal's rally comes as a shocker – thermal prices are up 22% in 2016 and coking coal's back in triple digits.

Teck delivers surprise profit, stock surges

Systematic cost cutting has taken some strain off Teck's balance sheet over the last few years as metal prices have slumped.

Metals and mining rally has staying power

Industrial metals are now all trading above their 100-day moving averages and most are no longer in backwardation.

Shares of Vancouver zinc producer blows up

Trevali stock is up 44% in two weeks as Canadian mine enters commercial production and record output at flagship Peru operation is topped by high-grade find.

Mick Davis to overhaul X2 Resources as fund fails to close any mining deal

Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.

Chinese fund eyes Glencore gold mine in Kazakhstan

China’s state-backed Silk Road Fund is said to be considering a joint $2 billion bid with China National Gold Group for the Vasilkovskoye mine.

Global mining equipment market to reach $156 billion by 2022 — report

Product launch and acquisition are the key growth strategies adopted by the leading market players, such as Caterpillar and Komatsu, to strengthen their foothold in the market.

Zinc rockets to one-year high

Zinc is proving to be an outlier among industrial metals whose 2016 outlook looks dim.

Copper stocks deep into red as gold miners surge

Gold's nearly $100 jump early on and copper's 4.5% meltdown split mining investors' Brexit fortunes.

The world's 50 most valuable mining companies

Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.

China's exhausting its gold reserves at 5 times the global rate

New report shows China extracted nearly one fifth of its gold reserves last year – the global gold production to reserve ratio is only 3.8%.