Zinc News

Zinc mining, investment and price news

Mick Davies’ X2 Resources raises $5.6 billion, ready to buy up assets

Cecilia Jamasmie | March 5, 2015
Mick Davies’ X2 Resources raises $5.6 billion, ready to buy up assets

The former Xstrata boss’ new firm may soon pull the trigger on some big deals at a time of low commodity prices and willing sellers.

Cecilia Jamasmie

BHP pins hopes on spin-off South32

Cecilia Jamasmie | February 24, 2015
BHP pins hopes on spin-off South32

In the second half of 2014 the businesses bound for South32 generated $5bn worth of revenue and almost $890m of earnings before interest and tax.

Zambia eases tax rules, to start refund talks on a ‘company-by-company basis’

Cecilia Jamasmie | February 23, 2015
Zambia eases tax rules, to start refund talks on a ‘company-by-company basis’

The new rules only apply to future payments and not amounts already owed.

VIDEO: Yukon Premier Darrell Pasloski

Michael Allan McCrae | February 13, 2015
Premier of Yukon darrell pasloski

Yukon Premier Darrell Pasloski met with MINING.com at Roundup 2015 in January to discuss the closure of Wolverine Mine. "We are disappointed with the closure. We understand the difficulty with low commodity prices." Pasloski also discusses mine licensing, infrastructure and …

Dundee Precious Metals announces 2014 fourth quarter and annual results and 2015 guidance

Market Wire | February 13, 2015
Mining in 2015: Copper topped

Achieved gold and copper production in the fourth quarter of 49,123 ounces and 14.9 million pounds, respectively, with record production from Chelopech.

Teck's profits drop 22 pct

Michael Allan McCrae | February 12, 2015
coal zinc copper teck profit drops fort hills

"At current exchange rates, each US$1 change in the price of a barrel of oil has an approximate $5 million effect on our operating costs."

'Diamonds really did save the Northwest Territories' – mines minister

Michael Allan McCrae | February 6, 2015
david ramsay minister mines northwest territories

"We've seen a lot of people who were involved with the initial diamond rush in the early 90s come back to us."

Stefan Ioannou: Bottom-fishing opportunities in base metals, especially zinc

The Mining Report | February 3, 2015
Small man standing on and overlooking stock page 333

That reaction to the copper price drop was probably overdone in terms of the response of the equities and their valuations.

Yukon Zinc in legal tussle with contractor

Michael Allan McCrae | February 3, 2015
british columbia supreme court yukon zinc procon wolverine mine

Embarrassment and financial harm.

Here is how metal-eating bacteria may make asteroid mining profitable

Cecilia Jamasmie | January 29, 2015
Here is why metal-eating bacteria may make asteroid mining profitable

The technique, known as biomining, is already being tested here on Earth as a sustainable treatment of ores and mine waste.

Yukon Zinc temporarily closing Wolverine Mine

Michael Allan McCrae | January 27, 2015
Mining in 2015: Zinc price with zing

Some crew will be assigned to care and maintenance.

Zambia’s new leader to keep polemic mining tax

Cecilia Jamasmie | January 26, 2015
Zambia’s new leader to keep polemic mining tax

Newly elected President Edgar Lungu wants to keep mining royalties at 20%, as opposed to the 6% companies were paying a month ago.

Kosovo miners return from underground, ending 3-day strike

Andrew Topf | January 26, 2015
kosovo

Hundreds of miners in Kosovo are back on shift following a three-day work stoppage to protest against the Kosovo government, which backtracked on an earlier decision to take control of the Trepca mining complex.

Baja Mining's long-delayed and almost dead El Boleo finally reaches production

Cecilia Jamasmie | January 23, 2015
Baja Mining's long-delayed and almost dead El Boleo finally reaches production

Red metal output at the mine, over 18 months behind schedule and $750 million over budget, is expected to ramp-up by July.

Peruvian rare earth discovery richer than initially thought

Cecilia Jamasmie | January 22, 2015
Peruvian rare earth discovery richer than initially thought

Geology consultants leading the project found the rare earth claim has the highest range of rare earth metals in Peru.

Fortuna Silver slumps 9% despite impressive drilling in Mexico

Frik Els | January 21, 2015
Fortuna Silver slumps 9% despite impressive drilling in Mexico

Analyst downgrade sinks shares of Vancouver-based owner of fast-expanding polymetallic mines in Peru and Mexico.

Which commodity horses will be up and which down on Joe Reagor's merry-go-round?

The Mining Report | January 20, 2015
man-watching-stock-market-screen-333

Metals are like horses in a merry-go-round, believes Joe Reagor of ROTH Capital—as some rise, others fall.

Most copper producers in Zambia losing money — Chamber of Mines

Cecilia Jamasmie | January 19, 2015
Most copper producers in Zambia losing money — Chamber of Mines

The situation may soon change, as authorities have began talks with the country’s top miners, signalling the possibility of a compromise over the country’s new tax regime.

‘Mick the Miner’ goes after Vale's nickel assets

Cecilia Jamasmie | January 14, 2015
‘Mick the Miner’ goes after Vale's nickel assets

The 56 year old who built Xstrata into one of the world’s biggest mining firms and then sold it to Glencore, is tipped to be on the verge of landing his first big fish.

Ivanhoe Mines excoriates Globe and Mail over Platreef report

Cecilia Jamasmie | January 12, 2015
Ivanhoe Mines backlashes report on its Platreef platinum mine

Article implies that the company engaged in illicit practices to obtain the necessary permits for its Platreef mine in South Africa.

Centamin stock dives on below-expectations 2015 gold output forecast

Cecilia Jamasmie | January 8, 2015
Centamin stock dives on below-expectations 2015 gold output forecast

The gold miner said it expected to produce 420,000 ounces at its only operating mine in Egypt this year, missing some analyst expectations.

Frik Els

Mining in 2015: Zinc price with zing

Frik Els | December 31, 2014
Mining in 2015: Zinc price with zing

Zinc prices will continue to gain in 2015, but all bets are off if a not unlikely stockpile shock panics buyers.

Zambia won’t reverse mining royalty hike

Cecilia Jamasmie | December 30, 2014
Zambia won’t reverse mining royalty hike

Move will leave up to 12,000 jobless and it is likely to sour the already fractious relationship between the government and mining companies.

Zinc, nickel Scotiabank’s top picks for investors

Mineweb | December 21, 2014

“Base metals were a ‘bright’ spot in 2014—largely ignored by equity markets and are among our ‘picks’ for investors in 2015,” observed Scotiabank economist Patricia Mohr in the latest edition of the Scotiabank Commodity Price Index published Thursday.

Trevali surges on polymetallic mine restart

Frik Els | December 18, 2014
Trevali surges on polymetallic mine restart

Vancouver-based junior jumps 8.5% after hitting targets for re-start of 100%-owned Caribou zinc-lead-copper-silver-gold mine in New Brunswick, Canada.

Mining stocks rally across the board

Frik Els | December 18, 2014
Mining stocks rally across the board

Huge advances in all sectors from potash and uranium to copper and gold led by a 10% surge in diversified Canadian heavyweight Teck Resources.

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