Why Lead’s Future Looks Bright
With health and environmental concerns weighing less heavily on lead, the market is now set for a positive turn.
With health and environmental concerns weighing less heavily on lead, the market is now set for a positive turn.
A brief overview of lead price developments, supply and demand, and significant market movers.
Firestone Ventures Inc. (TSXV:FV) announced that updated chip sample results for its zinc-lead-silver reconnaissance program located in the Central Guatemala Zinc District include surface mineralization of up to 3.05 percent lead.
Selwyn Resources (TSXV:SWN) announced the intersection of a 2.50% lead mineralization at its Don deposit at Selwyn Project in the Yukon.
TriAusMin Limited (TSX:TOR) has intersected high-grade mineralization of base metals, including 3.71% lead at its wholly-owned Woodlawn Project in NSW, Australia.
Alexco Resources Corp (TSXV:AXR) reported its Q1 2012 earnings with pre-tax income of $3.o million and a net income of $1.3 million. The company also reported a production of more than 4.9 million pounds of lead.
Dia Bras Exploration Inc. (TSXV:DIB) reported 7.9 million lb of lead in 2012 Q1.
Andean American Gold (TSXV:AAG) has received NI 43-101 Technical Report on the Invicta Gold Project in Peru.
Reuters reported that lead production will be affected by China’s decision to close inefficient lead operations in 2012.
North River Resources plc (LSE:NRRP) has updated on its ongoing activities at the Namib Lead Zinc Mine in Namibia.
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