Zinc Mining News

CHARTS: Maybe India can ignite new commodity supercycle

Rapid, large-scale urbanization will see India's top three cities rival the combined economies of Vietnam, Philippines and Malaysia.

Asteroid miner Deep Space to launch first commercial mission by 2020

The mission's goal is to map a target asteroid, looking for deposits of water and other resources with visible and infrared cameras.

Gold price rally sparks $50 billion of commodity investments

New report shows commodity assets under management jumping to $235 billion, the best performance since 2009, largely due to physical gold ETF inflows.

This is what a broad-based metals and mining rally looks like

CHART: The gold price may grab headlines, but coal's rally comes as a shocker – thermal prices are up 22% in 2016 and coking coal's back in triple digits.

Teck delivers surprise profit, stock surges

Systematic cost cutting has taken some strain off Teck's balance sheet over the last few years as metal prices have slumped.

Metals and mining rally has staying power

Industrial metals are now all trading above their 100-day moving averages and most are no longer in backwardation.

Shares of Vancouver zinc producer blows up

Trevali stock is up 44% in two weeks as Canadian mine enters commercial production and record output at flagship Peru operation is topped by high-grade find.

Mick Davis to overhaul X2 Resources as fund fails to close any mining deal

Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.

Chinese fund eyes Glencore gold mine in Kazakhstan

China’s state-backed Silk Road Fund is said to be considering a joint $2 billion bid with China National Gold Group for the Vasilkovskoye mine.

Global mining equipment market to reach $156 billion by 2022 — report

Product launch and acquisition are the key growth strategies adopted by the leading market players, such as Caterpillar and Komatsu, to strengthen their foothold in the market.

Zinc rockets to one-year high

Zinc is proving to be an outlier among industrial metals whose 2016 outlook looks dim.

Copper stocks deep into red as gold miners surge

Gold's nearly $100 jump early on and copper's 4.5% meltdown split mining investors' Brexit fortunes.

The world's 50 most valuable mining companies

Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.

China's exhausting its gold reserves at 5 times the global rate

New report shows China extracted nearly one fifth of its gold reserves last year – the global gold production to reserve ratio is only 3.8%.

These are the world's 40 biggest mining companies

A lithium miner joins top ranks of listed mining firms for the first time as the price of the battery ingredient skyrockets.

Egypt ancient gold mines offer clues on country’s untapped vast mineral deposits

The country is said to be sitting on mineral deposits worth hundreds of billions of dollars which, once developed, could surpass oil as its main source of income.

Luxembourg invests heavily in space mining

First time a country partners with privates to boost the development of the industry.

Chinese miners eye Glencore’s Kazakh gold operation

Zhongjin Gold Corp., Shandong Gold Mining Co. and Zijin Mining Group Co. said to be among potential bidders.

Study of private investors shows how risky mining can be

For private capital mining and metals is the riskiest natural resources sector – but only energy beats the returns.

2016 metals, mining outlook darkens

World Bank revises down growth rate for commodity exporting countries to just 0.4%, predicts 15% decline in metal prices this year.

Top miners squandered $200 billion during boom

Capital spending by the world's largest miners since 2010 amounted to $632 billion – 32% of which has now been written off says new report.

US government expected to green-light first private Moon mission

An official endorsement of such mission would pave the way for several other for-profit space ventures currently in the works.

Zinc posts longest streak of gains in two years

“There’s a lot of bullish things going for zinc, copper, aluminum -- all the stuff used in durable goods"

Nevsun shares jump on Eritrean drilling results

$11 million regional drilling program defining Bisha camp in east Africa as a world-class multi-deposit volcanogenic massive sulphide district.

Iran says in talks with Rio, Glencore about copper projects

Iran's national development plan targets production of 2 million tonnes of copper per year by 2025.