Zinc Mining News

Greece to kick off arbitration process over Eldorado Gold’s project

Authorities seek to settle differences with the Canadian miner over Skouries, one of the gold projects the firm is currently developing in northern Greece.

Teck's steelmaking business jumps from $52M to $785M in 2Q

What a difference a year makes.

Luxembourg shoots for the stars with fresh space mining deal

The country's ultimate objective is to have its own space mining agency by the end of the year.

Cuba seeks to revive mining sector with new lead and zinc mine

A new lead and zinc mine in northwestern Cuba is on track to start production in October as part of the Caribbean island's attempt to breathe fresh life in its mining sector, the joint venture Emincar overseeing the project said this week.

BHP iron ore output hits new record but copper production tanks

World number one miner's Pilbara mines produce 268m tonnes for the year, but strike at Escondida sees copper output slide 16%.

The bear case for the zinc price

JP Morgan: "We think the second-half 2017 fundamental outlook for zinc looks less supportive, easing supply constraints and questionable demand strength."

Zinc, lead prices gain on deeper deficits

New report shows lead swinging into 91,000 tonne deficit and zinc undersupply increasing by a third to 178,000 tonnes during first five months of 2017.

New project results provide expert knowledge about Kootenay-Boundary mineral potential

New paper interprets low-angle faulting near the world-class Sullivan zinc, lead and silver deposit.

Glencore mulls spinning off mining royalties into new company

The spin-off business would go after royalty agreements in copper, zinc, nickel and cobalt, worth more than $300 million, while looking to attract a strategic partner to fund further deals.

Steady progress pushes Canadian explorer to dig deeper and expand in Mexico

An updated resource estimate and PEA in Q3/17 by a large exploration company will include plans for expansion after steady progress and a recent high-grade discovery at its Mexico project.

Luxembourg becomes first European country to pass space mining law

The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.

LME favourite to clear for new base metals platform NFEx -sources

NFEx says in talks with several clearing houses

Private capital says no to mining

Study shows Q2 2017 new private capital for natural resources investment dropped to lowest since 2011 and not a single mining fund were able to raise money.

Top 50 mining companies reshuffle as Chinese, lithium firms climb rankings

Combined worth of 50 largest mining companies grow to $768 billion during first half of 2017, but a few big names drop down rankings.

London court hears Vedanta's challenge to Zambian villagers' pollution claim

Case has potential to set precedent for other foreign claims.

Former Glencore traders launch concentrates trading platform

The online marketplace, named Open Mineral, will let miners put up tenders for their concentrate directly to end-users.

Teck Resources grabs Goldcorp’s stake in Mexican project for $50 million

After acquiring Goldcorp's 21% in San Nicolás, Canada's largest diversified miner will be the Zacatecas-based copper-zinc project sole owner.

US Supreme Court rejects New Mexico’s suit against Colorado over mine spill

Court did not provide details about its decision to dismiss the case; it just said most magistrates opposed hearing the lawsuit.

Nickel production to grow for first time since 2013 — report

More supply will likely drag prices lower, as the metal already touched a one-year low of $8,680 per tonne on the London Metal Exchange last week and is down more than 10% this year.

Copper-zinc VMS project changes hands for C$28.8M

A high-grade copper-zinc volcanogenic massive sulphide (VMS) project in British Columbia will now be developed by Desert Star Resources (TSXV:DSR).

Nyrstar sells mothballed Mexican zinc mine for $20 million

Despite a hot zinc market, Switzerland-based Nyrstar (EBR:NYR) has unloaded another of its zinc mines, this time the Campo Morado mine in Mexico.

Trump has been good news for miners — Callinex CEO

Trump’s measures to revitalize the mining industry are steps on the right direction, and they will benefit not just the US, but also Canada, said Max Porterfield.

Upcoming Pegmont Resource update will probably indicate lots of upside for Vendetta Mining

With the zinc market on the verge of a potentially huge supply deficit, The Critical Investor examines Vendetta Mining's Pegmont lead-zinc project in Australia.

Greece to take Eldorado Gold to arbitration court over project

Energy minister George Stathakis said the move aims to ensure the company respects its contractual obligations.