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Zinc Mining News
Base metals drop as trade war angst spurs concern about demand
The U.S.-led trade war fans concern that the showdown will derail otherwise-strong economic growth in the world’s two largest economies.
Nexa says to invest $1.17 bln in Peru, Brazil in five years
About $816 million will be invested in Peru, including $555 million in copper projects and $216 million in zinc.
Mitsubishi, Sumitomo said to be after Teck’s Quebrada Blanca mine
Other companies interested in partnering with Teck include Freeport-McMoRan, China’s Aluminum Corp of China (Chinalco) and Canada’s base metals miner Lundin Mining.
Mining exploration spending in Australia jumps to 5-year high
Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.
Lundin gives up on Nevsun after Zijin's $1.41 billion offer
Toronto-based miner said it doesn’t intend to amend any of the terms of its bid for Nevsun, but noted it would continue to pursue strategic growth opportunities.
Luxembourg’s mining-focused Space Agency ready to lift off
Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from near earth objects.
India's Anil Agarwal succeeds with Vedanta Resources buyout
Some in the industry see this move as a prelude to a potentially broader deal with bigger miner Anglo American.
Grupo Mexico could reopen San Martin mine after 11 years
Miner Grupo Mexico could reopen the country's largest underground mine in the first quarter of 2019, after it closed due to a workers strike.
Australian southern state open to mining
Victoria's government wants to spend $220 million on exploration and drill one million metres by 2023.
Canada's Teck resumes lead smelting at British Columbia facility
Teck Resources Ltd said on Tuesday that lead smelting had resumed at its Trail, British Columbia, facility after a seven-day suspension because of wildfires.
Zacatecas governor welcomes reopening of Grupo Mexico's mine after 11-year strike
The provincial authority issued a statement after learning that the reopening of the mine will create 3,600 jobs.
Hedge funds turned record short on metals just before the rout
As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall.
Mining and metals markets crater as copper price enters bear market
Investors found no solace in traditional safe haven gold with the precious metal setting a one-and-a-half year low.
Nevsun asks shareholders to reject Lundin's hostile bid
Canadian miner Nevsun Resources Ltd on Thursday urged its shareholders to reject a hostile C$1.4 billion ($1.07 billion) offer from rival Lundin Mining Corp.
Contractor dies in accident at Trevali's Perkoa Mine
Upon knowledge of the accident all underground operations were suspended and authorities were notified.
Glencore credits China's 'Blue Skies' program for strong H1
Protectionism could limit future growth.
Latin America-focused copper miner now eyeing Canada
Westminster Resources to buy a land package in the Ronge district of Saskatchewan.
Canadian junior ready to start drilling for copper in Spain
Pan Global’s subsidiary Minera Águilas has received the necessary permits to start its exploration campaign on the first two sections of the Águilas project.
Brazil studying auction of rights to six unexplored mining areas in 2019
The unexplored areas that have significant potential output of copper, gold, phosphate and other minerals.
Eldorado expects higher gold production in 2018
The Vancouver-based miner said that the expected growth would be driven by Kisladag, its flagship gold mine in Turkey.
Teck Resources says poised for growth, names new chair
The world's second-biggest exporter of steelmaking coal stuck to its annual production forecast of 26 million to 27 million tonnes.
