Doe Run Settles Lead Contamination Lawsuit

The largest primary lead producer in the western world won a victory in court against lawyers representing 7 children who allegedly suffered health problems due to lead contamination in St.

Lead and Other Minor Metals “Jittery”

The price of lead has slipped over the past month, and its prospects are shaky over the next few weeks as metal traders wait to see what happens with quantitative easing, the US stimulus program.

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Company News

Trevali’s Santander Mine Exceeds 2014 Guidance

Trevali’s Santander Mine Exceeds 2014 Guidance

Trevali Mining Corporation (TSX:TV) has released preliminary production results for its fourth quarter helping boost production at Santander over the company's modified production guidance for the year. Fourth quarter production resulted in 11.2 million payable pounds of zinc, 7.1 million payable pounds of lead and 241,600 payable ounces of silver. Full-year 2014 Santander production was approximately 50.4 million payable pounds of zinc, 23.3 million payable pounds of lead and 914,600 payable ounces of silver.

Ivernia to Place Paroo Station Mine on Care and Maintenance

Ivernia Inc. (TSX:IVW) announced that its management has authorized the winding down of operations at the Paroo Station mine. It will ultimately be placed on care and maintenance due to poor lead prices.

Ivernia Feeling Pressure From Weak Lead Prices

Ivernia (TSX:IVW) noted that it anticipates meeting its production guidance for the year, but expects sales to fall and anticipates lower realized sales prices for lead concentrate. The company has implemented cost saving measures, but noted that the LME lead metal price has fallen 14 percent below average for the third quarter of 2014.

Trevali Mining Provides Update on Caribou Restart

Trevali Mining Provides Update on Caribou Restart

Trevali Mining Corporation (TSX:TV) provided an update on construction and mine re-start activities at its Caribou polymetallic mine and mill complex in New Brunswick. The new SAG mill major components have been installed and the mill will be commissioned in the first quarter of next year. The company also provided an update on exploration work at the property.

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Market News

Macquarie: The Rise of Lead Stocks Could Be Misleading

Reported lead stocks have risen recently, primarily as a result of metal previously withdrawn from LME warehouses in Asia being delivered back on to warrant elsewhere in the world.

Lead Futures Up on Strong Global Cues

The Economic Times reported that lead futures gained 0.26 percent to reach Rs 116.50 per kg on hints of stimulus measures from China and the US.

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