Lead Investing News spoke with Carol Knies from Exide Technologies, a leading battery producer, about the role of lead in automotive batteries and the outlook for demand.
In May, an concerns of lead poisoning prompted the Chinese government to shutdown lead battery and recycling plants producers. The shutdowns have worried market observers regarding the demand for lead.
Excellon Resources Inc. (TSX: EXN) mineral resource company operating in Durango and Zacatecas States, Mexico, has announced the assay results for five recent holes at its Platosa Property. The drilled off hole in the northwest portion which is Hole LP773 has intersected a high-grade massive and semi-massive Sulphides reporting 817 g/t (24 oz/T) Ag, 12.41% [...]
Lead futures declined sharply on Monday, as risk adverse investors abandoned the volatile base metals market and headed for the safe haven investments such as gold.
Alexco Resource Corp. (TSX:AXR, NYSE-AMEX:AXU) has announced the initial and completed resource estimate for the historical tailings of Elsa in the Keno Hill Silver District, Yukon. The press release is quoted as saying: The Elsa Tailings are located approximately 400 meters northwest of the Elsa town site and the former United Keno Hill Mines (“UKHM”) [...]
Recent Metallurgical Testing Results From Soho Resources Corp. (TSXV:SOH) Tahuehueto Project Recovers 85.6% Gold, 90.1% Silver, 87.9% Copper, 86.7% Lead, and 88.1% Zinc. 77.0% of the lead has been recovered into a flotation concentrate grading 53.9% Pb, 96 g/t Au, 1,007 g/t Ag, 7.86% Cu, and 8.1% Zn. Initial testing to separate the bulk copper [...]
By Leia Michele Toovey- Exclusive to Lead Investing News Shanghai base metals fell by their daily limits on Friday, chasing steep falls on the London Metal Exchange (LME). The Exchange said it would make an announcement about which contracts would be suspended after the market closed. So far this year, zinc prices are down 52 per [...]
By Leia Michele Toovey- Exclusive to Zinc Investing News The global economic outlook seems to worsen everyday. The US, China, and India are witnessing an economic slowdown. Data coming out of Japan shows that the economy there has entered into a recession in the third quarter as corporate spending and export demand slumped. The 15 [...]
Lead dropped again by 10.8 percent on Thursday and even more with $24 down to $1,336 on Friday as expected car battery demand lessens. Traders were expecting more stocks to hit warehouses if consumption patterns from the automotive and construction industries continued to falter due to the economic downturn. Read the full article here.
Santa Fe Metals Corporation found lead in their 2,000 metre drill program on its Lobos property in the States of Zacatecas and Durango, Mexico. At Charcos, drill hole L-BD08-7 intersected significant mineralization over four meter and eight meter intervals with values as high as 0.7% zinc and 0.29% lead. Read the entire article here. [...]
Wednesday, August 24, 2011