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

Goldspike Continues Expansion of Zinc-Lead Discovery

Goldspike Exploration Inc. (TSXV:GSE) announced that the most recent drill results from its Nevada-based Lone Mountain project continue to expand the high-grade zinc-lead discovery located there.

Ivernia Receives Temporary Interest and Repayment Moratorium

Ivernia Inc. (TSX:IVW) announced that due to the depressed LME lead metal price, it has agreed upon a five-month moratorium on interest and repayments while the company conducts a financial and strategic review.

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.

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Reported lead stocks have risen recently, primarily as a result of metal previously withdrawn from LME warehouses in Asia being delivered back on to warrant elsewhere in the world.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