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By Shelly Kumar
Ascendant Resources (TSXV:ASND) (“Ascendant” or the “Company“) (“Ascendant” or the “Company”) is pleased to announce the launch of its 360° virtual tour of the El Mochito Mine located in Honduras . The El Mochito Mine’s virtual tour provides an in-depth view and description of the mine’s various operational areas which include mining, crushing, milling, processing
Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF), and Lars-Eric Johansson, Chief Executive Officer, announced today that negotiations are underway with government agencies – Gécamines, the state-owned miner and Ivanhoe’s partner at Kipushi, and Société Nationale des Chemins de Fer du Congo (SNCC), the DRC’s national railway company – and potential project
The zinc-focused base metals miner has officially closed its acquisition of a portfolio of zinc assets from major miner Glencore.
Zinc prices passed the $3,000-per-tonne mark, supported by supply concerns, a strong demand outlook from China and a decline in warehouse inventories.
Which zinc stocks should investors watch this fall? Three Raymond James analysts recently revealed their top picks for the coming months.
Ascendant Resources Inc. (TSX VENTURE:ASND) (“Ascendant” or the “Company”) is pleased to announce that it has significantly improved mine performance since its acquisition of the El Mochito Mine in Honduras in December 2016, with daily milled tonnes (tpd) increasing by 17% from 1,482 in January 2017 to 1,733 tpd in
Ascendant Resources Inc. (TSXV:ASND) has appointed Mark Brennan as executive chairman of the company, effective May 1, 2017. Mr. Brennan has acted as a director of the company since its inception and will formally adopt the position of executive chairman to assist in the advancement of the company’s growth and
Curious about top zinc production in world by country? According to the US Geological Survey, China remained the top producer in 2016 by a long shot.
According to analysts, the expectations of more demand and less supply resulted in zinc prices rising up to their highest in more than eight years.
Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) today announced its financial results for the third quarter ended September 30, 2016. All figures are in US dollars unless otherwise stated.
TORONTO, ONTARIO–(Marketwired – Aug. 12, 2016) – Ivanhoe Mines (TSX:IVN) today announced its financial results for the second quarter ended June 30, 2016. All figures are in US dollars unless otherwise stated.
HIGHLIGHTS
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On August 11, 2016, Ivanhoe Mines announced what could prove to be Africa’s most significant copper discovery at Kakula,
Zinc prices are up over 25 percent year-to-date, and with falling LME zinc stocks and closures at some of the world’s largest zinc mines, some analysts and investors are seeing a zinc supply crunch on the horizon.
Ivanhoe Mines (TSX:IVN) has released results of a preliminary economic assessment for the company’s Kipushi zinc-copper mine in the Democratic Republic of Congo. Ivanhoe is looking to redevelop Kipushi as an underground mine.
As quoted in the press release:
Highlights of the PEA include:
After-tax net present value (NPV) at an 8% real
Reuters reported that China’s major zinc smelters said Friday that they will cut output by 500,000 tonnes in 2016. That’s almost one-fifth of their output, and the same amount Glencore plc (LSE:GLEN) recently said it will take off the market.
The company is looking at suspensions that could take 400,000 tonnes of zinc concentrate off the market.
In the latest zinc news, MMG has released an updated development plan for its Queenland-based Dugald River zinc mine. It is expected to come online in 2018.
MMG has come forward to say that it will decide during 2015’s third quarter how to develop its Dugald River project. The company is hoping the mine will be able to replace output from its Century mine, which is set to close this year.
Trevali Mining Corporation (TSX: TV) announced its financial results for 2014, posting a net loss of $7 million ($0.03 per share).
Trevali Mining Corporation (TSX:TV) announced its financial results for 2014, which included a net loss of $7 million or $0.03 per share. The company noted that this is partially due to a non-recurring loss upon the disposal of a subsidiary incurred during the yea and highlighted the Santander mine’s operations
Trevali Mining (TSX:TV) has reported its financial results for the three and nine months ended September 30 2014. The company posted net earnings of $1.6 million for the third quarter.
