In the recent base metals slide, lead has earned the illustrious title “worst performer on the London Metal Exchange.” Despite this moniker, analysts are confident that the metal will rebound by the end of the year.
Lead futures declined sharply on Monday, as risk adverse investors abandoned the volatile base metals market and headed for the safe haven investments such as gold.
Monday, June 15, 2009
By Leia Michele Toovey- Exclusive to Lead Investing News Lead and zinc prices have been on board for the base metal rally, zinc on the LME is currently trading for $1,633.50 per tonne, up 30 per cent so far this year. The metal used to galvanize steel touched a four-year low of $1,038 on Dec.12, [...]
Monday, April 6, 2009
By Leia Michele Toovey- Exclusive to Lead Investing News As the global economy arguably trots down the path to a recovery, the metals are diverging in prices due to differences in their fundamental dynamics. Lead was the second-best performer of the LME metals last quarter, coming in a few percentage points behind copper. Lead gained [...]
Sunday, March 22, 2009
By Leia Michele Toovey- Exclusive to Lead Investing News The Fed’s announcement to purchase treasuries sent lead and zinc on their largest ascent in two months. Fed officials voted on March 18 to buy Treasury and mortgage bonds in an effort to revive America’s economy, lifting stocks as well as commodities. Copper, zinc and aluminum [...]
Lundin Mining Corporation (TSE:LUN) announced that it has executed an amended and restated credit agreement that increases the amount of its revolving credit facility to US$300 million from $225 million, reduces its costs of borrowing and extends the term of the Facility to September 2013 from May 2012.
Excellon Resources Inc. (TSE:EXN) announced that it has successfully sealed the water inflow encountered during normal mine development on August 18th.
Kent Exploration Inc. (CVE:KEX) reports that due to the intersection of bonanza grades in diamond drill hole BN003, the intersection pulps were submitted to Genalysis Laboratories, of Perth, Australia for check assays.
NGEx Resources Inc. (TSE:NGQ) reported the results of follow-up drilling at its recently discovered Aradaib volcanic hosted massive sulphide (VHMS) prospect located in northwestern Eritrea.
International Millennium Mining Corp. (CVE:IMI) has received assay results from diamond drill holes S10-3 and S10-7, at its Simon Mine project in Mineral County, Nevada.
Salazar Resources Ltd. (CVE:SRL) announced drill results from the El Domo anomaly, Las Naves Central area, at the Curipamba Project, Ecuador.
Pan American Silver Corp. (TSE:PAA, NASDAQ:PAAS) reported unaudited financial and operating results for the quarter ended June 30, 2010. The Company also provided an update on its operations and development projects and announced its second semi-annual dividend of 2010 in the amount of $0.025 per share.
Strategic Metals Ltd. (CVE:SMD)announced assay results for the first of four diamond drill holes completed earlier this summer at its wholly owned Keg property in central Yukon Territory.
Lydian International Ltd. (TSE:LYD) announced results from resource upgrade and extension drilling at its Amulsar gold discovery in Armenia.
Duncastle Gold Corp. (CVE:DUN) reported today that it has signed a Communciations and Engagement Agreement with First Nations for 2010 exploration work on the eastern portion of its Porphyry Creek project located 20 kilometres northwest of Smithers in northwest British Columbia.

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Monday, June 21, 2010