The Australian company will supply two traders with 75,000 tonnes of zinc concentrate from its past-producing Century mine in Queensland.
Supply worries, declining stockpiles and a weaker US dollar have supported prices for the base metal, and it continues to attract investor attention.
Base metals rallied on Monday, with zinc prices climbing to a fresh decade high on the back of a weaker US dollar and lower inventories.
What zinc trends rocked the market in 2017? We run through what happened to the metal this year, from production cuts to falling stockpiles.
By Micha Boon
Trevali Mining Corporation (“Trevali” or the “Company”) (TSX:TV) (OTCQX:TREVF)(LMA:TV)(FRANKFURT:4TI) has released financial results for the three months and nine months ending September 30, 2017. Third quarter (“Q3”) EBITDA(1) was US$20 million on concentrate sales revenues of US$81.6 million, however a net loss of US$7.8 million ($0.01 per share) was posted primarily attributable
Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) (“Margaux” or the “Company”) has received further results from the Company’s recent drill program on the Jackpot zinc property, part of the Company’s Kootenay Arc project in southern B.C., showing high grade zinc mineralization from the Jackpot East zone, as well as a
Ivanhoe Mines (TSX:IVN) (OTCQX:IVPAF) Executive Chairman Robert Friedland and Chief Executive Officer Lars-Eric Johansson announced today that the company has agreed to rebuild 34 kilometres of track to connect the Kipushi Mine with the DRC national railway at Munama, south of the mining capital of Lubumbashi.
As quoted in the press release:
“A daily train from Kipushi will