The company announced that one of its subsidiaries, Xiangzhen Mining, has signed 3 supply contracts for fluorite ores with Huatai Company from Shanxi Province and Hongzhi Company from Hebei Province respectively. The total value of such contracts is approximately RMB 11 million (US$1.6million).
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Battery-material lead was down at $1,140 from $1,145.
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Ironbark is pleased to release a summary of the key components from the Pre-Feasibility Study (PFS) at its 100% owned world class Citronen zinc-lead project in Greenland.
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January lead MLDF9 was 0.62 percent higher at 56.50 rupees per kg.
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Vedanta Resources group firm Hindustan Zinc today said it has retained the prices of zinc and lead at last week&aposs level of Rs 71,000 and Rs 69,000 a tonne.
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A company of Vedanta Group in zinc and lead business, is the world’s second largest producer of zinc-lead. The Zinc-Lead prices are being updated every Thursday and Saturday.
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BHP Billiton may suspend operations at its Yabulu refinery.
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Lundin Mining said to close Galmoy zinc-lead mine in Ireland in May. Was to close on a phased basis over three years from end-2008.
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Some 2.7 million tonnes of ore are mined annually at Tara, which yields zinc and lead concentrates containing up to 200,000 tonnes of zinc and 40,000 tonnes of lead metal.
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Xstrata said it is restructuring lead operations at its Mt Isa mining and processing complex in Queensland, Australia. Handlebar zinc-lead mine also to be mothballed from February 12th 2009.
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Friday, January 30, 2009