Along with other industrial purposes, one of leads main and growing uses continues to be in batteries. Peter Theyer, geologist for Winnipeg’s Wildcat Exploration, says it is almost irreplaceable for this use at this time. This is largely because of the high volumes of cars being produced. Previously used in a lot of household products [...]
Tumi Resources Limited discovered a new base-metals zone after their first drilling at Sala, Sweden. 1.1 percent lead was found. Mr. Henstridge stated, “Our rigorous exploration program and persistence at Sala is now paying dividends. To discover in our first drill hole at Sala a broad 75m wide zone of mineralization, together with higher ore-grade [...]
By Daniella D’Alimonte – Exclusive to LeadInvestingNews The cost of lead has been on a fairly steady decline for the last year. Prices have dropped to around 50 per cent since last July. Despite these plummeting profits, companies are moving forward with exploration projects. Calgary-based Mexican Silver Mines Ltd. (TSX: MSM), has recently announced a [...]
If you are like many people, the last time you read about commodities in the news was when Bre-X Minerals collapsed in 1997, after news broke that the company had falsified results and the gold they had reported was nowhere to be found. Thousands of investors all over the world lost billions of dollars and [...]
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