Zinc Mining News

Copper hotspots identified in northern Australia

Recent data released by the Northern Australian Geochemical Survey reveal that there are potential copper hotspots on the Queensland-Northern Territory border.

Nevsun shares soar as it rejects $1.2-billion bid from Lundin, Euro Sun

Nevsun, who declined the offer for the fourth time, said the proposal undervalued its Timok copper-gold project in Serbia and that junior Euro Sun was “not an attractive partner”.

Workers seek partner to buy and operate aging Peru smelter

La Oroya polymetallic smelter had been operated by Doe Run Peru, a unit of the U.S.-based Renco Group, from 1997 until the company went bankrupt in 2009 and its assets were transferred to a group of former creditors.

Benchmark zinc treatment charges down 15 pct in 2018- Nyrstar

Zinc supply has been falling over the last few years as major mines reached the end of their lives and Glencore cut its own output.

Vedanta considers building zinc smelter in South Africa

Company is accelerating expansion of its African zinc operations to take advantage of a surge in zinc prices.

China's metals trade is facing a year of upheaval: Andy Home

China's trade in industrial metals looks set for significant upheaval this year as the country adapts to fast-evolving supply chains.

Canadian miner halts operations in Peru due to community protests

Pan American Silver management has engaged with the protesters in a mediation process.

Spanish activists reject reopening of Los Frailes mine

On the 20th anniversary of the breach of the tailings pond at the Los Frailes mine in Spain, environmental organizations held a press conference to alert the public about the possibility of a similar accident taking place.

Canada's Teck Resources profit rises on higher sales volumes

Teck, which also mines copper, zinc and gold, said adjusted profit attributable to shareholders rose to C$753 million.

Australia's New Century to supply zinc concentrate to Concord

In the miner's fifth supply deal, Concord will take approximately 5 percent of production when it begins in the third quarter at the Century Zinc Mine.

Mining firms from China to Canada watch as Greenland holds election

China already actively seeking opportunities.

Billionaire Agarwal hires AngloGold's CEO to run Vedanta

Agarwal, who has been hunting for a new Vedanta CEO for more than a year, has consistently sought talent from the world’s biggest miners.

Last hurrah for the zinc price

The price of zinc fell to a four month low on Thursday – there's much more pain to come says new report.

Glencore is losing billionaire allies to Trump's sanctions

In just four months, Glencore Plc chief Ivan Glasenberg has lost two of his closest business allies, billionaires Oleg Deripaska and Dan Gertler.

Vedanta Resources expects supply constraints to sustain zinc prices

Vedanta could accelerate expansion of its African zinc operations to take advantage of strong prices.

Canada’s new player in Brazil gets to work

A diamond drilling campaign is about to start at the Salobro Zinc Project.

Private capital flowing into mining on track for record year

The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018.

Teck ups stake in Chile Quebrada Blanca copper mine in $162.5m deal

Company now owns 90% of Compañía Minera Teck Quebrada Blanca, which main asset is the namesake copper project in Northern Chile.

Eldorado scores key win in row with Greece over projects

Ruling rejects the Greek State's motion that Eldorado's technical study for a metallurgy plant in the country’s Stratoni Valley, was in breach of any agreements between the parts.

CHARTS: Mining rally running out of steam as copper price weighs

Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.

Inomin acquires multi-mineral property in British Columbia

The 420-hectare property is located in the New Westminster Mining Division of southwestern British Columbia.

Zinc output climbs, but uncertainty disrupts processing talks

No deal has been achieved yet over benchmark processing terms after two sets of negotiations, in February and this month.

Mexican environment officials visit mine following cyanide spill

Some 200 litres of cyanide solution were released into the environment.

Congo set to overtake US as world no 4 copper producer

DRC's resolve to overhaul mining code shouldn't have surprised the industry – Kinshasa's become too important to global supply for companies to pull sticks.

EPA not happy with Canadian miner’s zinc-gold project in Michigan

The project is being proposed by Toronto-based Aquila Resources.