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.

Read More Feature Articles

 

Company News

Trevali Bought-Deal Financing Increased to $30 Million

Trevali Bought-Deal Financing Increased to $30 Million

Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) amended its previous agreement with Dundee Securities Ltd. on behalf of a syndicate of underwriters. The Underwriters will now purchase, 30,000,000 common shares of Trevali for gross proceeds of $30,600,000 by way of short form prospectus. The option to purchase an additional 15% of the offering has been granted to the Underwriters. The offering is expected to close on or about June 11, 2015.

Trevali Mining Announces $20 Million Bought Deal Financing

Trevali Mining Announces $20 Million Bought Deal Financing

Trevali Mining (TSX:TV,OTCQX:TREVF,FWB:4TI) announced a bought-deal private placement for gross proceeds of approximately $20 million. The company has entered an agreement with Dundee Securities to purchase 19,610,000 shares of the company at $1.02 per share by way of a short form prospectus.

Trevali Releases Updated Resource Estimate for Stratmat Deposit

Trevali Releases Updated Resource Estimate for Stratmat Deposit

Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) announced an updated resource estimate for its Stratmat Deposit in New Brunswick: Indicated resource of 4.7 million tonnes grading 5.31% zinc, 2.07% lead, 0.41% copper, 48.52 g/t silver and 0.59 g/t gold, and an Inferred resource of 2.40 million tonnes grading 4.76% zinc, 2.07% lead, 0.70% copper, 38.82 g/t silver and 0.42 g/t gold; using a 5% ZnEq cutoff. According to CEO Dr. Mark Cruise, "The resource estimate has successfully increased the Companies confidence in the Stratmat deposit and added significant new tonnage, all very important for the next phase as Trevali advances its growth plans for the Bathurst Mining Camp."

Trevali Announces Caribou Mine Mill Commissioning

Trevali Announces Caribou Mine Mill Commissioning

Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) announced that mill commissioning has begun at its Caribou Zinc Mine in New Brunswick. Initial commissioning will begin with low-grade material as the operators bring the grinding and flotation circuits up to specification. Once sufficient operational data is obtained, tentatively shceduled around July-August, Trevali will begin to mobilize its senior metallurgical consultant to site to provide additional technical and metallurgical support capacity. Dewatering at the mill is ongoing and continues to progress following a heavy Spring melt.

Read More Company News

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.

Read More Market News

Authors

See all Authors