Inmet Mining Corporation (TSX:IMN) announced today that the government of Panama intends to repeal recently enacted legislation, known as Law 8, that modified the Panamanian mineral resources code. The intent to repeal Law 8 recognizes concerns from indigenous communities residing within areas known as Comarcas that are recognized under Panamanian law. Inmet's Cobre Panama project is neither situated on nor adjacent to any Comarcas, and has had government and local community support.
Zinc Mining News
Zinc may be good for your everyday galvanizing and diecasting, but it may also be good at fighting colds. According to the Cochrane Collaboration, zinc taken as a lozenge or syrup reduced the duration and severity of the common cold in healthy people. "People taking zinc are also less likely to have persistence of their cold symptoms beyond seven days of treatment. Zinc supplementation for at least five months reduces incidence, school absenteeism and prescription of antibiotics for children with the common cold."
Silvercorp announced on Thursday that it received a positive preliminary assessment for its Silvertip silver-lead-zinc project in northern British Columbia. Silvercorp's stock was up 4% on the TSX on Friday. The report prepared by Golder Associates favoured a small mine and mill operating seasonally at 500 tonne per day or 72,000 tonne per year. "The initial capital cost of the project is estimated to be $US49 million with sustaining capital costs over the remaining mine life (21 years) estimated at $US54.2 million. The payback period is estimated at 4 years for the base case and 2 years for the upside case after reaching commercial production."
Citigroup’s Metals and Mining team issued a note Monday talking about how fund flows - not global economic growth - are driving commodities prices higher.
Acadian Mining shares were up 30% on Tuesday morning trading after it announced it will spin off lead and zinc assets so it can focus on gold exploration. Selwyn Resources Ltd. will acquire all the […]
First things first: North American Palladium has moved 51% higher over the past thee months. This is just one example of how palladium and platinum miners are substantially outperforming the broader market as sentiment has gone from bullish to “just buy the thing.”
Zinc and cobalt often fall into that esoteric metals category called byproduct, meaning they are generally an afterthought for miners who are keen at getting at, say, nickel or copper deposits. Still, both metals are being increasingly targeted for their use in growing markets, such as rechargeable batteries for electric cars.
Quarterly gross earnings hit record at $895 million. Refined zinc output up 20% since purchase of operations from Anglo American.
At the Ying Mine in China, Silvercorp Metals reported on Monday the results of a underground diamond drilling program that showed high grade silver, lead and zinc.
The Bellekeno silver-lead-zinc mine has achieved commercial production in the Yukon's historic Keno Hill Silver District.
Although government revenue from Ancash's mining sector declined in 2010, Peru's Mines Ministry says the region remains Peru's foremost copper and zinc producer. RENO, NV - The Andean Region of Ancash is Peru's biggest copper and zinc producer, as well
Xtierra (TSX.V:XAG) has to rank among the TSX Venture’s best kept secrets. With the advanced Bilboa silver-zinc-lead project in Zacatecas, Mexico in feasibility with a 140 million ounce silver equivalent resource, and trading at a market cap of $14 million, the disparity between the reality and the should-be makes this a nearly too-good-to-be-true story.
Copper Mines of Tasmania, a subsidiary of the world's largest zinc miner, Vedanta, is working with Redpath Australia, part of The Redpath Group (based in North Bay, Canada) on mine development and construction at Mt. Lyell, Tasmania.
Lead has pulled substantially ahead of Zinc, when they have long been level-pegging. The scope is there for Zinc to make a strong equalizing move in coming weeks. There is no lack of financing at […]
Volcanogenic massive sulphide (VMS) deposits typically occur as lenses of polymetallic massive sulphide and are major sources of zinc (Zn), copper (Cu), lead (Pb), silver (Ag) and gold (Au).
The full version of our analysis (with comments particularly valuable for Precious Metals Traders) is available to our Subscribers. China is the world's largest consumer of copper, zinc and nickel and also among the leading consumers of […]
This is what we wrote on November 6th, 2010: Near term, look for the next set of results from the Silver Wheaton Corporation (SLW) which is due to release its third-quarter figures after the market […]
Canadian Zinc Corporation (TSX: CZN, OTCBB: CZICF) – Environmental Assessment at the Prairie Creek Mine Moves Closer to Final Stages
Investment Highlights: In May 2010, the Mackenzie Valley Environmental Impact Review Board (“Review Board”) approved an assessment report the company had submitted in March 2010. The Review Board issued an updated work plan timetable for […]
Environmental impact is one of the most immediate challenges facing the global lead industry, said Jerry Pyatt, COO of The Doe Run Co., at the Lead-Zinc 2010 Symposium in Vancouver, British Columbia, earlier this month. […]
NEWS: Midland Exploration Starts First Exploration Program With Zincore Metals on the Gatineau Zinc Project
July 13, 2010 — MONTREAL, QUEBEC (Source: Marketwire) — MIDLAND EXPLORATION INC. ("Midland") (TSX VENTURE:MD), in partnership with Zincore Metals Inc. ("Zincore"), is pleased to announce the start of its first exploration program on the Gatineau Zinc […]
The largest ever electric haul truck to be deployed in the Indian mining sector has been commissioned by Larsen & Toubro, the distributor of Komatsu equipment in India. Komatsu’s Model 830E-AC trucks with a payload […]
Zinc and lead prices have been on a slide since early December despite strengthening economic news in the first months of 2010. The eurozone's travails have now sent both metals into a tailspin down to […]
Teck Resources is to prolong the life of one of the world's largest lead-zinc mines with Aqqaluk orebody development. Read the full story at http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=105204&sn=Detail
Situated close to the Ural mountains, which divide Russia into the European and Asian sides, the Gaiskiy GOK copper-zinc mine celebrates the 50th anniversary of its mining operations. The jubilee year also includes the start […]
Anglo American plc announces that it has agreed to sell its portfolio of zinc assets (“Anglo American Zinc”) to Vedanta Resources plc for a total consideration of $1,338 million on an attributable, debt and cash […]