The worries over the global economic outlook may see a big impact on base metals including lead. China shut down one of their three mines owned by China’s top lead producer, Yuguang Gold & Lead Co. and still the global lead market was in surplus of 23,000 tonnes in the first seven months of this [...]
Police in Stockton, England are pleased to announce the success of their scrap yard recovery operation. Thieves who have been stealing lead and then selling it to scrap yards may be thwarted in their attempts based on Operation Graphite. Inspector Steve Young noted a decreased number of metal theft reports compared to the previous six [...]
Lead on the London Metal Exchange lost over six percent. By 0427 GMT, London Metal exchange lead <MPB3=LX> fell 6.6 percent or $110 to $1,550 a tonne, zinc <MZN3=LX shed 6.2 percent and aluminium <MAL3=LX> lost 5 percent as investors abandoned metals along with equities and other industrial raw materials. Read the article here. [...]
Full Metal Minerals completed an additional 13 drill holes at their LWM Carbonate Replacement Deposit (CRD) at the Fortymile property in eastern Alaska. Drill hole LWM08-45 is the furthest northeastern step-out hole with assays to-date on the property, and encountered 6.95 meters true width averaging 4.9% Zn, 11.6% Pb and 181.3 g/t Ag, including 2.6 [...]
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 [...]
Lead roofing has brought thousands of pounds of profit for lead thieves. Between April 2007 and April this year, there were 441 reported cases of lead roofing theft in Devon and Cornwall – but only 16 resulted in prosecutions. Find the complete article here. Despite the increase of lead theft only three percent of [...]
Industrial metals climbed after a steep drop leaving lead at more than a 5% high. Lead for three-months delivery on the London Metal Exchange jumped to $1,658 per tonne and was at $1,655.25 per tonne by 1502 GMT versus Wednesday’s close of $1,575 a tonne. Lead and zinc prices were also boosted by a Chinese [...]
Lead gained along with copper in Asia as investors purchased the metals following a slump. Among other LME-traded metals, zinc was up 2.3 percent at $1,585, lead gained 0.6 percent to $1,640, and nickel added 1.4 percent to $14,400 as of 10:51 a.m. in Singapore. Aluminum slipped 0.7 percent to $2,278 a ton, and tin [...]
Earthworms that consume high concentrations of heavy metals including lead have been found in Britain and Wales. A typical garden variety earthworm would die in such metal riddled soil as disused mining sites. Mark Hodson is a lead researcher at the University of Reading in England and has been studying these worms. DNA analysis of [...]
Lead metal theft is up as prices for scrap metal skyrocket. METAL thieves have been condemned after trying to steal lead from one of York’s most historic and sacred buildings. Read the article here. In York, church and school roofs; manhole covers; bus seats; catalytic converters; and railway cables have all been targeted. Find the [...]
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