Zinc Mining News

Silvercorp up 4 per cent after positive preliminary assessment

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."

Fund flows pushing commodities prices higher, but at what cost?

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 spins off zinc and lead assets to focus on gold exploration

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 […]

Palladium a hot metal favorite in 2011

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, cobalt grabbing some ‘green’ traction

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.

Vedanta posts 35% Q3 upturn; zinc production climbs

Quarterly gross earnings hit record at $895 million. Refined zinc output up 20% since purchase of operations from Anglo American.

Drilling intercepts at the Ying Mine add to Silvercorp's resources and reserves

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.

Canada's only primary silver mine achieves commercial production

The Bellekeno silver-lead-zinc mine has achieved commercial production in the Yukon's historic Keno Hill Silver District.

Ancash Region is Peru’s top copper and zinc producer

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 Inc. one of TSX Venture’s best kept secrets

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.

Major Australian mining contract further increases global presence for Redpath Group

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.

Model Mining Portfolio: Short Memories of Busts of Yore

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 […]

VMS Ventures – Success in Potential Elephant Country

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).

Will a Residential Construction Bubble in China Weigh Down Industrial Metals?

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 […]

Silver Wheaton Corporation Hits our Target of $0.20 per share

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 […]

Doe Run showcases new lead processing technology

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 […]

India starts buying advanced materials handling support for its growing mining industry

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 & Lead – Apocalypse Now?

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 to prolong Red Dog lead/zinc mine life

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

Metso helps double capacity of Gaiskiy GOK copper-zinc mine

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 announces sale of Zinc portfolio to Vedanta for $1,338 million

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 […]

CRU's Helen O'Malley Speaks Manganese

Source: Brian Sylvester and Karen Roche of The Gold Report 5/10/10 http://www.theaureport.com/pub/na/6252 "The price for manganese ore has recovered a lot more swiftly and strongly than we anticipated," explains Helen O'Malley, a bulk manganese specialist […]

Andover Ventures Inc. (TSXV: AOX) –Initiating Coverage; Company Eyeing Near Term Production from Past Producing, Fully Permitted Trixie Mine and Bonded and Permitted Mill

Investment Highlights Andover Ventures Inc. ("Andover", "AOX", "the company") is a Vancouver, British Columbia based exploration company focused on the mining friendly jurisdictions of Alaska and Utah. The SUN deposit located in the Ambler District […]