Bloomberg reported that Xstrata Zinc Canada’s (LSE:XTA) Brunswick mine will close around March 2013.
As quoted in the market news:
Brunswick has less than 3 million tons of ore, which is expected to take about a year to mine, Xstrata said in a website statement. The mine had previously been scheduled to close in 2010 and has produced more than 133 million tons of ore.
Investing in zinc? Zazu Metals Corporation (TSXV:ZAZ) holds a 50% interest in the Lik Project in Alaska, a joint venture with Teck Resources Limited. The PEA on Lik South estimates that 17.1Mt tonnes of ore milled at an average grade of 7.7% zinc, 2.6% lead and 47 g/t silver would come from the Lik South project.
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