Zinc News

Zinc mining, investment and price news

Strike at Peru's top copper mine not hurting output: firm

Cecilia Jamasmie | November 18, 2014
Strike at Peru's top copper mine not hurting output: miner

But unionized workers insist on claiming that Antamina's output would likely drop by at least 90%.

Canada Zinc Metals Moves Ahead with Large Airborne Geophysical Survey

Canada Zinc Metals Corp. | November 14, 2014

Canada Zinc Metals Corp. is pleased to announce that the planned airborne geophysical survey for the Akie and select Kechika Regional properties has commenced. The helicopter-borne FALCONTM gravity gradiometry survey is being flown by CGG of Mississauga, Ontario.

BHP closer to unveiling details of upcoming spin-off

Cecilia Jamasmie | November 9, 2014
BHP closer to unveiling details of upcoming spin-off

The world’s largest miner is only two weeks away from shedding more light on an upcoming spin-off of unwanted assets.

Ivanhoe OK to build one of world’s biggest platinum mines

Cecilia Jamasmie | November 5, 2014
Ivanhoe ok to begin building one of world’s biggest platinum mines

South Africa’s Department of Mineral Resources has finally approved the miner's Platreef platinum project.

Mick the Miner in talks to buy Anglo’s assets, no deal tabled

Cecilia Jamasmie | November 3, 2014
Mick the Miner in talks to buy Anglo’s assets, no deal tabled

Sources close to X2 Resources, Davis' new company, have cast doubts on reports that the firm had made an offer.

Vancouver gold-to-copper miner pops on Horn of Africa results

Frik Els | October 31, 2014
Vancouver gold-to-copper miner pops on Horn of Africa results

Winners were few and far between Friday, but punters couldn't resist Nevsun Resources stock after low-cost high-grade Eritrea mine delivered on all counts.

Space miner loses first satellite in rocket explosion

Cecilia Jamasmie | October 29, 2014
Space miner loses first satellite on rocket explosion

The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.

BHP to sell US shale assets, limit annual capex to $14 billion

Cecilia Jamasmie | October 27, 2014
BHP to sell US shale assets, limit annual capex to $14 billion

The world’s biggest miner unveiled details about how it expects to meet cost-reduction and productivity improvement targets.

Worldwide nonferrous metals exploration budgets down 25% in 2014

SNL Metals & Mining | October 22, 2014
exploration mining geologist

Total worldwide budget for nonferrous metals exploration dropped to US$11.36 billion in 2014 from US$15.19 billion in 2013 — a 25% decrease.

Stefan Ioannou: copper, nickel and zinc won't be cheap for long

The Mining Report | October 21, 2014
Copper near 12-week high on hopes of Chinese stimulus

The all-powerful U.S. dollar is currently hammering base metals and base metal equities. Haywood Securities Mining Analyst Stefan Ioannou says that increasing demand and near-term supply shortages make base metals a bargain that won't last.

Mining investment in Kazakhstan to reach $30bn by 2017

Cecilia Jamasmie | October 20, 2014
Mining investment in Kazakhstan to reach $30bn by 2017

The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.

Visual Capitalist

INFOGRAPHIC: a year's worth of resources in BC

Visual Capitalist | October 17, 2014
autumn in the canadian northwest territories along ogilvie river and mountains

In response to popular demand from our home province of British Columbia, today we visualize the amount of natural resources extracted from BC each year.

BHP bows to pressure, to list spinoff in London

Cecilia Jamasmie | October 16, 2014
BHP bows to pressure, to list spinoff in London

The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.

Mick Davis has now almost $5 billion to build new mining empire

Cecilia Jamasmie | October 15, 2014
Mick Davis has now almost $5 billion to build new mining empire

The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."

First Quantum warns Zambia tax hike will cost jobs, investment drop

Cecilia Jamasmie | October 14, 2014
First Quantum warns Zambia tax hike will cost jobs, investment drop

The miner, Zambia's largest foreign investor, operates Kansanshi mine, the eighth largest copper mine in the world, as well as the country's biggest.

Zambia launches major overhaul of mining tax, increases royalties

Cecilia Jamasmie | October 10, 2014
Zambia launches major overhaul of mining tax, increases royalties

Underground mining royalties will go up from 6% to 8%; underground taxes now 20%.

Glencore considered Australia listing: report

Cecilia Jamasmie | October 9, 2014
Glencore considered Australia listing: report

The commodities trader and miner explored a stock-exchange listing Down Under.

Centamin shares jump on Sukari gold mine results

Cecilia Jamasmie | October 9, 2014
Centamin shares jump on Sukari gold mine results

The firm mined 93,624 ounces of the yellow metal in the three months to end September and it also maintained its full-year production forecast of 420,000 ounces of gold.

Cutifani says tough decisions needed to restore credibility

Cecilia Jamasmie | October 8, 2014
Cutifani says tough decisions needed to restore credibility

Anglo's chief warned the company plans to take severe measures over the next two years.

Zambia tells Glencore mine closure, lay-offs ‘illegal’

Cecilia Jamasmie | October 6, 2014
Zambia tells Glencore mine closure, lay-offs ‘illegal’

Zambia’s mines minister says the company has not officially communicated the government its intentions as required under the country's law.

Glencore now idles zinc mine in Zambia over tax refund row

Cecilia Jamasmie | October 3, 2014
Glencore now idles zinc mine in Zambia over tax refund row

The company is cutting 169 jobs at the mine.

BHP freezes executive pay

Frik Els | September 25, 2014
BHP Billiton cuts spending by 25%

CEO Andrew Mackenzie's pay package is already only half that of his predecessor.

BHP to go ahead with London-listing of demerged $15bn firm

Cecilia Jamasmie | September 24, 2014
BHP to go ahead with London-listing of demerged $15bn firm

New company would still have its primary listing in Australia, with secondary listings in South Africa and the UK.

Frik Els

What will Ivan buy next?

Frik Els | September 15, 2014
What will Ivan buy next?

A GlenTinto is not as far-fetched as it sounds.

Frik Els

$8bn mining private equity needs to be spent. And soon

Frik Els | September 14, 2014
$8bn mining private equity needs to be spent. And soon

Countercyclical investors sitting on $8 billion unspent funds have been waiting for clear signs of a market bottom. The wait may well be over.

Anglo American chief not going for any major corporate split

Cecilia Jamasmie | September 7, 2014
Anglo American chief not going for any major corporate split

A big corporate break-up à la BHP Billiton is definitively not in his books, he told FT.com.

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