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Archive | Zinc Market News

HudBay Minerals Inc. and Skye Resources Announces Proposed Business Combination

Monday, January 5, 2009

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HudBay Minerals Inc. and Skye Resources Inc. announced that they have entered into a definitive agreement to combine their respective businesses.
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Rising inventory and heavy surplus weighed on Zinc

Friday, January 2, 2009

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Zinc was trading on weak note as rising inventory and heavy surplus from the beginning of the year weighed on metal prices.
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Sharp rise in zinc till 2008 mid

Thursday, January 1, 2009

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Strong growth shown by China, major consumer of base metals, led to sharp rise in  zinc till the mid of the year 2008. Prices started climbing as restocking by metal traders, rise in industrial activity supported metal prices.
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Sumitomo Metal Mining Co., Ltd. Establishes Holding Subsidiary in The Netherlands

Wednesday, December 31, 2008

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Sumitomo Metal Mining Co., Ltd. announced that it has decided to establish a holding subsidiary in the Netherlands in October 2008.
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Pressure on Zinc miners

Thursday, December 25, 2008

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Zinc  made small gains, the level of $US1230/t will put extra pressure on companies that mine the base metal.
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Zinc increased to $1,110 a tonne

Thursday, December 18, 2008

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Base metals plunged as LME inventory continued piling up. Zinc increased to $1,110 a tonne.
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Dcember zinc ended at 53.20 rupees

Thursday, December 18, 2008

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Dcember zinc ended at 53.20 rupees per kg and December lead closed at 50.30 rupees per kg.
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Zinc prices tumbled from $1 per pound

Wednesday, December 17, 2008

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Zinc prices tumbled from $1 per pound to less than 50 cents over the past six months.
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HudBay Minerals Inc. and Skye Resources Announces Proposed Business Combination

Tuesday, December 16, 2008

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HudBay Minerals Inc. and Skye Resources Inc. announced that they have entered into a definitive agreement to combine their respective businesses.
For full story, click here

Three-month zinc eases

Monday, December 15, 2008

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Three-month zinc eased to $1,195 a tonne from $1,200.
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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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