Though mining giant Xstrata will be closing down its Brunswick mine in the first quarter of next year, Canada's lead production is set to receive a boost from enterprising juniors.
Articles Tagged "Canada"
Acadian Mining says it scaling back operations at its Scotia zinc-lead mine in Canada. For full story, click here
By Heather Matthews - Exclusive to Lead Investing News Current market climate Zinc metal and lead metal spot prices are rising despite significant fear and panic in the investing world. Following the bankruptcy of Lehman Brothers World Investment Bank, and the Federal Reserve bailout (85 billion) of AIG, many analysts are predicting that more banks will [...]
The Acadian Mining Corporation has new resource estimates available regarding their 100 percent owned Getty Zinc-Lead deposit. The Getty deposit is located approximately 1,500 metres west of Acadian’s Scotia Mine mill facility, and comprises potentially openpittable zinc-lead mineralization similar to that at Scotia Mine. Zinc-lead mineralization consists of disseminated to locally sub massive sphalerite and galena [...]
By Heather Matthews – Exclusive to Lead Investing News Current market climate After months of investor withdrawals and plummeting profits, RAB, a major hedge funds investment firm that focuses on natural resources, has announced plans to alter its fee structure in order to keep investors. The firm reports profit decreases of more than 48 per [...]
Blue Note Mining‘s Caribou zinc-lead mine hit a new production high in August with the drilling of 93,172.1 tonnes equalling 100.2% of the plant’s capacity. The mine, located near Bathurst, New Brunswick, saw August’s recovery of lead at 70.4% lead as well as over 75% lead recovery nine days in August. Correspondingly, in terms of [...]
Selwyn Resources Ltd. reported a high grade zinc-lead zone at their Selwyn Project located in the Yukon, Canada. XYC-172(i) intersected 9.10 metres approximate true thickness grading 7.49% zinc and 2.05% lead, including 3.71 metres grading 13.18% zinc and 3.46% lead. (i) Overall intercept includes up to 7-assay samples that are reported greater than 20% [...]
The Canadian-based Paragon Minerals Corporation will begin drilling in central Newfoundland, Canada at their 100% owned South Tally Pond base metal project. The South Tally Pond Project is located in the same volcanic belt and has very strong similarities to the rocks that host Teck-Cominco’s Duck Pond Mine, located 20 kilometres to the northwest. In [...]
Mumbai, India reported yesterday that lead is expected to continue to fall due to decreased demand and increased supply. Lead did find some support after the world’s largest producer of lead, China, suffered their Sichuan earthquake in May. As well, July saw lead rise on a fear of decreased production from China and its resulting [...]