Zinco Mining Corporation (CVE:ZIM) reports that it has completes 1534.8 meters of drilling in 14 holes at its San Juan and Jesus Maria prospects in the Cuale VMS camp, Jalisco, Mexico.
Lead Market News Directory
Bloomberg reports that Exxaro Resources Ltd.(JNB:EXXP) will take an impairment charge of about 500 million rand ($74.5 million) on the closure of its Zincor plant.
Reuters reports that metals rebounded as the US dollar fell and China demand for metals remains high.
The Bangkok Post reports the Pollution Control Committee will decided what to do with ore tailings which have caused lead poisoning.
Reuters reports that Glencore (LON:GLEN) expects to close its $475 million acquisition of Peru's Mina Justa project in October.
Reuters Africa reports that China has ordered local governments to cut a total 2.04 million tonnes of aluminium, copper, lead and zinc smelting capacity in 2011.
Bloomberg reports that Lead inventories inched down for a seventh day.
The Economic Times reports that mineral output is down in India for the month of April.
Bloomberg reports that Johnson Controls (NYSE:JCI) will stop producing lead-acid batteries at its Ohio plant in favor of AGM batteries.
Bloomberg reports that Nyrstar (EBR:NYR) plans to make a C$619 million ($630 million) bid for Breakwater Resources Ltd. (TSE:BWR).