July 11, 2011

China hikes smelting, steel capacity cuts

Reuters Africa reports that China has ordered local governments to cut a total 2.04 million tonnes of aluminium, copper, lead and zinc smelting capacity in 2011.

July 11, 2011

Base metals fall on Italy debt worries, supply in focus

Reuters reports that nickel went untraded today, but still managed to fall as copper, aluminum and zinc also fell.

July 11, 2011

Sumitomo Metal Mining zinc and lead operations at Harima smelter set for major revamp

Sumitomo Metal Mining Company Limited in a move designed to enhance the company’s competitive position in zinc smelting operations has decided to terminate processing of zinc and lead concentrates which…

July 11, 2011

LME non ferrous trading climbs 16 per cent in H1 2011

LME non-ferrous trading climbs 16 per cent in H1, 2011 Read more : non-ferrous metals,ferrous metals,lme,commodity derivatives LONDON (Commodity Online): Non-ferrous trading registered a growth of 16% in volumes at…

July 8, 2011

Breakaway Resources – Altia joint venture: further drilling planned

Breakaway Resources Limited (ASX: BRW) is pleased to advise that BHP Billiton Minerals Pty Ltd (ASX: BHP - "BHP Billiton") is proposing further diamond drilling under a Farm-in and Joint…

July 7, 2011

Trevali announces $15 million non-brokered private placement

Trevali Mining announced that it has arranged a non-brokered private placement of up to 10,000,000 common shares at a price of CDN $1.50 per common share to raise gross proceeds…

July 7, 2011

Trading opportunity seen in zinc and lead: SMC Global

Zinc and Lead have shown stunning recovery recently as Greece passed austerity measures but this will be short lived and it is only relief measure because overall euro zone problems…

July 7, 2011

TSX heads for higher open amid rising commodities, positive employment news

TORONTO - The Toronto stock market appeared set for a slightly higher open Thursday as oil prices got a boost from data showing that U.S. crude supplies fell more than…

July 7, 2011

Selwyn announces Korea Zinc warrants exercise

Released By Selwyn Resources Ltd. Share: Text Size: VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/07/11 -- Selwyn Resources Ltd. ("Selwyn") (TSX VENTURE: SWN) is pleased to announce that one of…

July 7, 2011

Bolivia says mining exports to top $3 billion this year

Reuters Africa reported that Bolivia expects to hit a record high for silver and zinc exports.