Zinc Mining News

Hedge fund bet on Glencore backfires with $100m loss

London hedge fund giant Lansdowne Partners lost a long-term bet against Glencore this year after the spectacular recovery of the miner took some by surprise.

China Oct zinc, copper output highest in 3 years

Zinc production rose 3.8 percent to 577,000 tonnes year-on-year, while copper was up 6.3 percent at 781,000 tonnes, the data showed.

UN urges miners to better regulations needed to prevent disasters

According to the UN Environment Program's latest report, most of the 40 significant mine waste accidents in the past decade have involved dams or other storage areas that failed.

Zinc market focus turns to new supply, but don't forget Quebec: Andy Home

All over the world, it seems, geologists are revisiting old mine plans in a collective new zinc rush.

Planetary Resources readies asteroid mining technology for Dec. launch

The Arkyd-6 spacecraft includes core technology that will be used in the company’s asteroid exploration program.

Here's what to expect in terms of Eldorado Gold exploration projects

Canadian gold miner provides an update on exploration activities completed to date in 2017.

Former Xstrata CEO Mick Davis may become Rio Tinto new chairman

The mining veteran could face competition from internal candidates, including former head of UK gas company Centrica, Sam Laidlaw, who now sits on Rio’s board.

Why prospect generators: an interview with Brent Cook

Prospect and project generators are often overlooked by speculators in the natural resource space, Brent Cook says in Proven and Probable interview.

Eldorado halts investment in Greece’s Skouries project, sues Gov't

Miner said it would the project back into "care and maintenance" and re-assess its investment in it upon approval and receipt of required permits.

New Century raises $53M to restart mothballed zinc mine

The Century zinc mine in Queensland could be churning out ore again thanks to a $52.9 million private placement raised by owner New Century Resources (ASX:NCZ).

London Metal Exchange Week galvanised by electric dreams: Andy Home

This year, copper was shoved out of the London limelight by new hot metals such as lithium, cobalt and nickel.

Peru mines minister sees investment up on high prices, permits

Mining investment in Peru set to fall for a fourth straight year in 2017, but Mining Minister Cayetana Aljovin expects it to bounce back in 2018.

Zinc producers in spotlight as demand powers past supply

According to the International Lead & Zinc Study Group, the 10 largest zinc companies account for roughly 45% of world total, leaving plenty of room for smaller producers to grow.

Canada's 3rd largest mining IPO points to healthy investor appetite

Zinc major Nexa Resources up more than 12% since Friday's IPO.

Glencore raises marketing guidance, lowers output

In third-quarter production report, Glencore lowered its output guidance for copper, zinc and coal but said full-year earnings would not suffer.

Small mining companies shun London market after IPO flops

Lacklustre performances by small mining companies on the London Stock Exchange are driving rivals in need of cash to find alternative ways to raise capital.

Why did this slide wipe $1.3B from Teck's market value?

The wrong coal mix tanks shares in Teck Resources, Canada's largest diversified miner.

Teck Resources shares fall on weaker own coal price outlook

Teck expects larger proportion of coal sales in fourth quarter to be non-premium, reducing average realized price to about 85 percent of benchmark prices.

Brazil congressional committees vote on reforms helping small miners

While an estimated 61 larger miners will pay more, about 30,000 smaller miners seen as larger job creators will pay less.

Xi's China a boon for mining

President Xi's enormous power means his pet projects like One Belt–One Road and Xiongan New Area will receive the full backing of the state.

China's refined copper output highest since Dec 2014

Refined copper production was 774,000 tonnes last month, up 3.3 percent from 749,000 tonnes in August, according to the NBS data.

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."