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Tag: zinc miners

Trevali Mining Drills 12.9 m of 4.77% Zinc at Caribou

Trevali Mining Drills 12.9 m of 4.77% Zinc at Caribou

Exploration drilling at Trevali Mining Corporation’s (TSX:TV) Caribou zinc mine in the Bathurst mining camp of New Brunswick has intersected significant massive sulphide mineralization approximately 350 metres outside the currently defined measured and indicated resource.

Resource Market Weekly Recap

While the Chinese announcement of significant changes to its monetary policy drew headlines, the results of both tariff reductions and opportunistic stockpiling will have a direct impact on lead, zinc, tin, nickel and copper miners. Drilling activity and corporate structural dynamics keep Australia in the news for both manganese

Zinc Miners’ Profits Squeezed

Falling zinc prices continue to weigh on miners’ profits and news of softening Chinese demand has not helped the situation. But despite the slide, juniors and majors are still gearing up for the eventual supply crunch.

New Zinc Mine Production in 2012

As zinc markets prepare for supply shortages in coming years, some producers are bringing new production online in 2012. But despite zinc prices reaching average historic levels, short term zinc prices and demand are expected to slide in 2012 before they hit their stride in 2013.

Irish Zinc Discoveries

Irish zinc explorer, Connemara Mining has discovered two high grade zinc and lead mineralizations that could lead to the opening of one of Ireland’s largest mines. With an estimated 2 million tonnes of zinc ore, Ireland is considered to possess the ninth largest volume of reserves in the world.

Zinc and lead companies underwater

Zinc Investing News reports due to the slow global economic outlook, zinc prices have declined further.
Right now, zinc is priced at around $0.54 a pound on the LME; at this value about half the world’s zinc is being produced at a loss, and up to a half million tonnes of capacity

Carbon tax could bankrupt Australian lead and zinc

Lead Investing News reports carbon tax imposed on lead and zinc miners could bankrupt them.
Canadian Zinc Corporation (TSX:CZN) announces its financial results for the quarter ended September 30, 2008. As at September 30, 2008, Canadian Zinc had cash, cash equivalents and short term investments of $24.2 million and a positive working

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