Trevali Mining Corporation(TSX:TV) announced the expansion of their Ruttan copper-zinc property totalling the land postion to 4,894 hectares. As quoted in the press release: The Ruttan copper-zinc deposit contains a NI 43-101 compliant inferred resource of 19.75 million tonnes of 1.17% Cu and 1.47% Zn* (approximately 510 million contained lbs of copper and 640 million [...]
Trevali Mining Corporation announced that it has received the 2011 Developer of the Year Award from the New Brunswick Prospectors and Developers Association for the Company’s advancement of the Halfmile Mine in the Bathurst Mining Camp. As quoted in the press release: The award was presented by the Hon. Bruce Northrup, Minister of Natural Resources, [...]
Santa Fe Metals Corp. (TSX VENTURE:SFM) reported that it has entered into a binding Memorandum of Understanding with Tahoe Resources Group LLC of Reno, Nevada, USA whereby the Company has agreed to sell and TRG has agreed to buy 40% of the Cuatro Ciénegas Project for US$5.0 million.
Check back soon for profiles of leading lead companies.
Tombstone Exploration Corporation announced intentions to begin Phase 2 drilling on its 100% owned Tombstone mining acreage in Tombstone, Arizona, in the Spring of 2009. For full story, click here
Miner HudBay Minerals Inc. is buying Lundin Mining Corp. in a friendly deal that creates one of Canada’s biggest publicly traded base-metals companies. For full story, click here
by Heather Matthews – exclusive to Lead Investing News Zinc and lead metal spot prices showed improvement in today’s markets: this rally represents a positive development for base metals. Today, non-LME spot prices for lead and zinc were up, showing increased investor confidence in commodity investment. Zinc is currently trading at a bid/ask of .06494/0.6585, [...]
By Heather Matthews – Exclusive To Lead Investing News Lead spot prices remained unchanged on the London Metal Exchange (LME) as the Dow Jones plunged 700 points today. Investors raced to unload stocks as widespread fears about the current financial crisis continued. Lead is currently priced at 0.7406 (low) to 0.7497 (high), with no changes [...]
Shooters at the Petaluma Trap and Skeet Club have used lead bullets for their clay pigeon target shooting for 40 years. Seven tons of lead have accumulated on the property as evidenced by the annual report given to the EPA from the US Coast Guard, who owns the land. Health officials worry about even trace [...]
By Heather Matthews – Exclusive to Lead Investing News Current market climate Over the past nine months, zinc and lead spot prices have declined 26 per cent as a result of a long-term market surplus that has negated demand for the base metals worldwide. The impact of this surplus is manifesting itself in myriad forms [...]
Wednesday, December 7, 2011