Zinc Mining News

Canadian miner could reopen centenary Idaho mine

Toronto-based Bunker Hill Mining Co. would consider reopening its namesake mine on a limited basis by the end of the year.

Workers at Cajamarquilla zinc smelter in Peru end strike

Workers had downed tools on Monday to demand higher wages and better benefits, according to a union leader.

Teck restarts Elkview dryer, to lose 200,000 tonnes of coal production

Company expects to lose about 200,000 tonnes in steelmaking coal output.

Swedish Boliden innocent in Chile toxic waste dump case — court

Swedish court has ruled that local miner Boliden won’t have to pay over $12 million (100 million Swedish crowns) in compensation for health problems allegedly caused by toxic waste it dumped in northern Chile.

British Columbia to reform Environmental Assessment Process in the fall

Environmental assessments already underway will continue under the current process.

Congo's Kabila to sign new mining code soon after meeting with miners

The announcement followed a nearly six-hour meeting on Wednesday between Kabila and mining executives in Kinshasa about the new code, which will raise taxes and remove a stability clause.

BC mining and exploration sees resurgence after years of stagnation

The survey found that exploration expenditures across BC totaled $246 million in 2017, up $41 million (20%), from the year before.

Workers at Cajamarquilla zinc smelter in Peru start strike -union

The strike started at 7:30 (12:30 GMT) and has affected production at the smelter, said the union's secretary general, Simon Diaz.

Sudden jump in zinc stocks threatens bull party: Andy Home

The London zinc price has been on a two-year romp, hitting a 10-year high of $3,595.50 a tonne last month.

Zinc turned upside down as prices tank and stockpiles surge

The zinc market is making a U-turn.

Trevali and Puma join forces in New Brunswick

Trevali will provide aCDN$7.5 million in funding to Puma in order for them to finalize the 100% acquisition of the Murray Brook Deposit.

Puma Exploration and Trevali Mining Corporation enter into strategic development and exploration alliance

 Puma Exploration announced the signature of a non-binding Letter of Intent with Trevali Mining Corporation for the development of the Murray Brook Deposit.

Mexican election to pose limited risks to positive mining outlook: BMI

According to the market research firm, a possible victory by leftist Andrés Manuel López Obrador poses “minimal downside risks to an otherwise strong outlook” for the country's mining industry.

Billionaire Lundin chases base-metal buy with $3 billion budget

Copper ‘might be the easiest asset to work with:’ Lukas Lundin.

Shipping gauge shows iron ore, copper prices heading for fall

CHART: Baltic Dry Index has plummeted 32% since December, opening up huge gap to closely correlated industrial metal prices.

Mining M&A jumps to 4-year high – expect more in 2018

New report says "deals in lithium, copper and cobalt are expected to feature high on the agenda of management teams across the industry."

Copper, iron ore price jump sparks rally in mining stocks

Top listed copper producer Freeport jumped 7.4% and with Vale – up 6% – was among the NYSE's top 10 most actively traded stocks.

Teck Resources down despite better profit in Q4

The firm, North America's No.1 producer of coking coal, said the boost in profit was mainly thanks to the reversal of an impairment charge related to an improvement in the outlook for steelmaking commodity.

Rio Tinto becomes sole owner of Pistol Bay uranium assets in Canada

Rio Tinto had already earned a 75% interest in the C-4-5-6 property, and it was expected to exercise its option to acquire full interest by 2019.

Sandvik invests $25 million to boost use of metal 3D printing

3D printing, also known as additive manufacturing, is a process of making three-dimensional solid objects from a digital file and Sandvik wants to use it for scale production.

Pile-of-cash dilemma for mining industry once crippled by slump

With metals from zinc to palladium trading at multi-year highs, four of the world’s top producers generated combined free cash flow last year of about $87 million a day.

Congo shocker fells Ivanhoe Mines stock

Vancouver-based company headed by billionaire mining financier Robert Friedland loses 11% of its value after DRC stuns with new mining code.

Glencore in ‘hiring frenzy’ as it readies to restart Lady Loretta zinc mine

Production at the Queensland-based operation was halted in 2015 because of falling zinc prices. Since then, prices for the metal have more than doubled.

Zinc price will vault $4,000 within months – report

Global zinc stocks falling to "critically low levels" by second half of 2018, propelling prices above $4,000 a tonne predicts Wood Mackenzie in new research.

These are some of the top mining assets on the block

Big mining companies, restored to health following the 2015-16 price crash, are seeking to rationalize their portfolios and acquire assets in line with heightened focus on the best quality minerals and anticipated demand for battery materials.