Hakim, a prominent Indonesian businessman and financier will be playing a lead role in the financing and management of Rider Exploration.
Continue reading "Indonesian Industrialist to Be Involved in Rider Exploration, Inc."
Monday, June 15, 2009
By Leia Michele Toovey- Exclusive to Lead Investing News Lead and zinc prices have been on board for the base metal rally, zinc on the LME is currently trading for $1,633.50 per tonne, up 30 per cent so far this year. The metal used to galvanize steel touched a four-year low of $1,038 on Dec.12, [...]
Continue reading "Lead and Zinc join base metal rally"
Tuesday, April 28, 2009
Chinese controlled Perilya has turned its iconic Broken Hill lead and zinc mine cash-positive after a long period of losses and depressed metal prices had threatened to shut down the operations. Managing Director Paul Arndt stated: We are confident we can continue our improved cost performance through the balance of the financial year. For full [...]
Continue reading "Perilya’s lead mine back in the black"
Sunday, March 15, 2009
By Leia Michele Toovey- Exclusive to Lead Investing News Chinese lead and zinc refineries are interested in integration and expansion, but not mergers or acquisitions. The Chinese government showed its support by providing a plan to encourage the non-ferrous industries to restructure and integrate. The government has also mentioned that it wants to support the [...]
Continue reading "China to force out lead and zinc juniors?"
Tuesday, September 9, 2008
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 [...]
Continue reading "Blue Note’s Caribou Production Exceeds 100%"
Thursday, August 21, 2008
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"
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Tuesday, July 19, 2011