Carbon tax could bankrupt Australian lead and zinc
If the Australian government moves ahead with its proposed carbon tax, miners will be forced to close their doors, or move their operations to other regions. If this happens, the Australian economy will lose many jobs, and billions of dollars.
Output cuts and layoffs hit zinc and lead miners
Saturday, November 8, 2008
At current price levels, approximately 50 per cent of the world’s zinc producers are under water. Zinc MZN3, mainly used as an anti corrosive in galvanized steel is currently selling for around $1,120.00 per tonne, less than half the metal’s January value. Lead prices are not fairing any better- they have shed half their price since February.
Zinc and lead chase stock rally
Saturday, November 1, 2008
Shanghai zinc opened at its upside limit of 4 percent on Thursday, chasing the stock rally in the US and London. The rally was inspired by a US rate cut causing a short term bubble in the commodity prices. Later, prices came back to reflect recent trends.
Introduction to Zinc Investing
Wednesday, July 9, 2008
Zinc is used to galvanize steel, in the production of brass and zinc base alloys as well as for other construction, transportation, engineering and consumer goods purposes. While the demand in clearly present for this commodity, the current oversupply is causing the market value to plummet. Over 100,000 tonnes of surplus have been predicted for this year alone.
Zinc prices were unchanged at $1,180.
Fri, Nov 21, 2008
Zinc prices were unchanged at $1,180.. Rise in warehouse stocks and concerns over future demand for industrial metals capped any major advances. For full story, click here
HudBay and Lundin Announce Friendly Business Combination
Fri, Nov 21, 2008
HudBay Minerals Inc and Ludin Mining said that they have agreed to a business combination (the “Transaction”) that will create a new Canadian leader in global mining. For full story, click here
Zinc 4.2 percent lower at $1,130
Fri, Nov 21, 2008
The LME-traded metals, zinc was 4.2 percent lower at $1,130, For full story, click here
OZ Minerals fell 14% to 63 cents
Fri, Nov 21, 2008
OZ Minerals, zinc miner, fell 14% to 63 cents after saying profit will fall this year as metal prices fall and costs rise. For full story, click here
Teck cuts dividend, sells assets to pay down debt
Fri, Nov 21, 2008
Teck Cominco will slash spending, sell assets and suspend dividend payments under a sweeping plan to cut debt. For full story, click here
Legend Mining & Oz Minerals Conclude Mt Gibson Zinc-Copper-Gold JV
Fri, Nov 21, 2008
Oz Minerals Limited has advised Legend Mining Limited of it’s decision to not proceed further with the Mt Gibson JV. Oz Minerals met the first phase, minimum expenditure requirement of A$1.2M through geological/geochemical activities and a diamond drilling programme of approximately 3,000m. For full story, click here
Nyrstar Q3 zinc production slips, eyes more cuts
Tue, Nov 18, 2008
Belgium’s Nyrstar, said tht zinc output fell in the third quarter and warned of further production cuts in 2009 amid a gloomy economic outlook. For full story, click here
Zinc may drop 18 percent
Tue, Nov 18, 2008
According to experts, zinc may drop as much as 18 percent to $985 a ton on the LME. For full story, click here
- Zinc this week
- Of shaky zinc prices and acquisition plans
- Lead and zinc spot prices rise despite market crash
- Stock market crash affects lead and zinc spot prices
- Time for a turn-around?
- Zinc stable despite RAB hedge-fund woes
- Zinc and lead tumble as base metals fall
- Rising production costs and falling prices
- Australian mining woes and Olympic challenges
- Market surplus continues to affect zinc
- Of shaky zinc prices and acquisition plans (2)
- Zinc Investing News - Investing Glossary (1)
- Tech Comnico evaluating Wind power for zinc facility (1)
- Commodity sell-off affects zinc & lead (1)
- Zinc stable despite RAB hedge-fund woes (1)
- Caribou mine close to achieving recovery targets (1)
- More weakness is predicted in Zinc price (1)
- Zinc this week (1)
- Zinc prices on upswing with fresh demand from steel companies (1)
- Time for a turn-around? (1)
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Asides 
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
For upcoming zinc investing trade shows, see the following links: Cambridgehouse, IIC
ZincInvestingNews.com maintains a focus on Zinc exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Zinc Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Sunday, November 16, 2008
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