Canadian Teck Cominco Ltd. will be closing their Lennard Shelf zinc and lead mine in Australia due to the drop in zinc prices. In 2007 the mine produced 42,100 tonnes of zinc and 12,400 tonnes of lead. The International Lead and Zinc Study Group showed a surplus of 41,000-tonnes of lead for the first half [...]
Continue reading "Lead Mine to Close in Australia"
Wednesday, August 20, 2008
Reports on lead prices indicated trading at $1800/1825 compared to Tuesday’s close at $1800. The global lead market was in surplus by 41,000 tonnes in the first six months of 2008, the International Lead and Zinc Study Group‘s (ILZSG) said. Read the entire article here.
Continue reading "Lead Remains Steady"
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Thursday, August 21, 2008