Zinc Mining News

Zinc tungstate nanorods show promise as higher-capacity anode materials for Li-ion batteries

Researchers in S. Korea have synthesized a divalent wolframite-structure zinc tungstate (ZnWO4) in the form of one-dimensional nanorods; used as anode material in Li-ion batteries, the nanorods deliver reversibly sustained high capacities of more than 420 mAh g–1 after 150 cycles—much higher than the capacities of graphite-based anodes which are limited to 372 mAh g-1.

Lundin revises production downward after hitting poor grades at Neves Corvo

Neves Corvo, Ludin Mining's copper-zinc mine located in Portugal, will produce 4,000 tonnes less copper and 19,000 tonnes less of zinc in 2011. The cash cost of production at the mine will also climb from $1.40 to $1.65. Neves Corvo, which accounts for most of Lundin's copper output, was expected to produce 76,000 tonnes of copper and 25,000 tonnes of zinc. The outlook has now fallen to 72,000 tonnes of copper and 6,000 tonnes of zinc. However, zinc production at the company's Irish mine, Galmoy, was expected to rise from 17,000 tonnes to 28,000 tonnes.

Salazar reports gold-silver mineralogical study of El Domo VMS deposit

Salazar Resources Ltd. CA:SRL +2.38% (frankfurt:CCG) - Mr. Fredy Salazar, President and CEO, is pleased to provide an update on the progress of a precious metals mineralogical study of the El Domo volcanogenic massive sulphide deposit being carried out by Surface Science Western (SSW) in London, Ontario under the supervision of Kevin Scott, P. Eng., of Roscoe Postle Associates Inc. (RPA).

Azimut discovers a new copper-molybdenum zone at Rex, Nunavik, Quebec

Azimut Exploration Inc ("Azimut" or "the Company") (TSXV: AZM) announces the discovery of a new mineralized 1.5-km-long copper-molybdenum zone on its 100% owned Rex property in Nunavik, northern Quebec. This latest zone (the Robinson Zone) further supports the excellent exploration potential for large-scale polymetallic deposits in a region considered by Azimut to be a new mineral belt of major importance.

Paradigm Metals Limited (ASX:PDM) discovered more copper-silver at Frogmore Project

Paradigm Metals Limited (ASX:PDM) is pleased to report further reverse circulation (RC) drill hole intersections of copper-silver at the Company's 100%-owned Frogmore project, EL 6590, New South Wales. Frogmore is located 25km northeast of the township...

Commodities rise after Greek plan details emerge

Financial markets — including commodities — surged after details from the highly-anticipated EU Summit were released. Germany's demand that private investors be a part of any Greek bailout, which will likely be considered a partial default by ratings agencies, seems to have been met.

Mindoro intersects high-grade copper at Pan De Azucar and plans to drill high-grade gold targets at Lobo

Mindoro Resources Ltd. (TSX VENTURE:MIO) (ASX:MDO) (FRANKFURT:WKN 906167) today announced further positive and encouraging copper-gold results from its Pan de Azucar Project in the Philippines, including PDA-28: 3.9 meters of 5.3 percent copper, 0.78 g/t gold, 55.7 g/t silver, 5.11 percent zinc from 9.2 meters and 54.8 meters of 1.17 percent copper and 0.77 g/t gold from 20.75 meters.

Chinese investor plans Meridian takeover

NineMSN reports that shares in Meridian Minerals (ASX:MII)jumped after a Chinese state-owned entity, revealed plans to takeover: Shares in Meridian Minerals jumped after the junior explorer's largest shareholder, a Chinese state-owned entity, revealed plans for a $67.5 million takeover offer. Meridian shares were up one cent, or 8.7 per cent, at 12.5 cents at 1343 AEST after an earlier high of 13 cents.

Full Metal Zinc appoints Al Paterson to Board of Directors and grants stock options

Full Metal Zinc Ltd. (CVE:FZ) reports Al Paterson has joined its board of directors and it has granted stock options to employees.

Canada stocks gain on strong commodities

Strong metal and oil stocks lift the TSX Composite Index Tuesday as the loonie rallies on expectations of eventual rate hike.

Zinc gains on weak US dollar

Zinc prices gained on falling Dollar and rising EURO on the back of easing tensions of US quantitative easing. Dollar has so far lost 82 pips and is trading at 1.418 per EURO.

Canada Zinc Metals reports on activities at the Akie Project (FILSRCCA)

Canada Zinc Metals Corp. (CZX - TSX Venture), is pleased to provide an update on exploration activities on its 100% owned Akie property, which hosts the Cardiac Creek SEDEX Zn-Pb-Ag deposit. The property is located approximately 260 kilometers

Commodities 2011 halftime report

Commodities don’t all perform in the same way. In any given year, a particular commodity will go gangbusters and outperform the group.

Commodities giant Glencore buys majority in Peru's Mina Justa copper mine for $475 million

Commodities giant Glencore says it is buying a majority stake in Peru's Mina Justa copper mine for $475 million. Swiss-based Glencore International PLC said Monday the purchase of a 70 per cent stake in Marcobre SAC from CST Mining Group Limited is subject to inspection of the books and price adjustment.

Russia fighting for right to mine mid-Atlantic minerals

Russia will seek to secure a priority right for the explored ocean minefields in the Atlantic says Polar Marine Geological Prospecting Expedition Vladimir Kryukov following the first stage of ore deposit exploration on the Atlantic Ocean floor. The Russian research vessel The Professor Logachev is engaged in exploring copper, zinc, gold and silver deposits in the area of the Mid-Atlantic Ridge at about 13 degrees north latitude. Over the last seven years, Russian marine geologists have made a number of discoveries and is now seeking to legally execute its right of exploring them through the United Nations.

Zinc or swim when the tide turns

Zinc has long been runt in the litter of base metals, notwithstanding its multitude of uses. But the tide may be turning, with some big-name mine closures in the years ahead getting analysts thinking about the day when the oversupplied market goes into deficit. Goldman Sachs made the point in a recent research note, which posed the question of whether unloved zinc could be the ''next copper,'' given the prospect of a possible shortage from 2013.

Zinc plant a go for Horsehead

Horsehead Holding Corp. said Wednesday it's going ahead with plans for a lower cost, environmentally friendly zinc production plant.

Ireland’s zinc mines may boom again as Xstrata buys remaining stake in Pallas Green

Xstrata Zinc Canada has agreed to purchase the remaining 23.6% interest in the Pallas Green property in Ireland belonging to its current joint venture partner in the project, Minco, for $19.4 million. Under the agreement, which is subject to Minco shareholder approval, Xstrata Zinc will become the sole owner of the project at Cahernconlish, Limerick.

Base metals edge higher in Mumbai

Lead gained 45 paise/kg to close at 120.50, the outlook still positive on strong Chinese demand. Though consumption of the metal has been slow in US and Europe, rising car ownership in China is helping trade.

Glencore to stop reporting quarterly results

Glencore has decided to stop reporting its results every quarter, in a move that is likely to soothe tensions with Xstrata, the mining company in which it owns a 34 per cent stake.

Commodity falls and fears for stress tests see FTSE decline

Falls among commodity issues sapped the strength of Britain’s top share index yesterday, as worries over global growth clouded the demand outlook for metals and oils. At the close, the FTSE 100 index was down 59.48 points.

Japan Times: China raises spectre of undersea mining with world's deepest diving submersible

The prospect of mining the ocean floor may seem far-fetched, but China, motivated by its insatiable hunger for resources, has opened its eyes to the idea. According to a story in The Japan Times, China will attempt to plunge the Jialong - the world's deepest-diving manned submersible - 5,000 metres below the surface of the Pacific Ocean between Hawaii and North America, exceeding the craft's previous depth of 3,759 metres.

Jet Gold options Zinc Bay property

Brad J. Moynes, President of Jet Gold Corp. ("Jet Gold" or the "Company") (TSX-V: JAU) is pleased to announce that the Company has signed an option agreement with Guardsmen Resources Inc. to acquire up to a 75% interest in the Zinc Bay property located in northwestern British Columbia.

Kagara boosts quarterly zinc production

Zinc and copper producer Kagara posted a 121 per cent jump in zinc production for the June quarter on reduced cash costs of 74 US cents (69.60 Australian cents) per pound.

Continental Gold Drills 18.1 m @ 24.89 g/t Gold and 63 g/t Silver at Veta Sur and Announces New Sediment-Hosted Gold-Silver-Zinc-Lead Discovery at the Buritica Project, Colombia

Continental Gold Limited (TSE:CNL) reports results for nineteen diamond drill-holes from its ongoing program at its Buriticá project in Antioquia, Colombia.