Alexco Reports 2012 Q1 Earnings
Alexco Resources Corp (TSXV:AXR) reported its Q1 2012 earnings with pre-tax income of $3.o million and a net income of $1.3 million. The company also reported a production of more than 4.9 million pounds of lead.
Articles Tagged "lead production"
Mineral Output Slumps 14.5 Percent in April
The Economic Times reports that mineral output is down in India for the month of April.
Xtierra Reports High Grade Silver Intercepts in Drilling Immediately South of the Bilbao Deposit
Xtierra Inc. (CVE:XAG) reports the completion of eight diamond drill-holes, totalling 2,648 metres.
Trevali Identifies Silver, Lead & Copper
Trevali Resources Corp has discovered additional high-grade tailings material in its Santander silver-lead-zinc project in the Cerro de Pasco District of west-central Peru. The average of all eleven one-metre deep pits collected to date is 2.3 oz/t (71.5 g/t) silver, 0.46% lead, 4.79% zinc and 0.18% copper (n equals 11) (Table 1). Read the complete [...]
Full Metal Continues to Intercept Lead
Full Metal Minerals completed an additional 13 drill holes at their LWM Carbonate Replacement Deposit (CRD) at the Fortymile property in eastern Alaska. Drill hole LWM08-45 is the furthest northeastern step-out hole with assays to-date on the property, and encountered 6.95 meters true width averaging 4.9% Zn, 11.6% Pb and 181.3 g/t Ag, including 2.6 [...]
China Lead Producer Cuts Output
China’s top lead producer, Yuguang Gold & Lead, cut their lead output by more than a third while they perform repairs over 35 to 45 days. The company has been producing 310,000 tonnes of lead. “We have to shut down the system as it has been overused,” Yuguang’s trade manager, Li Xiaodong, told Reuters. “If [...]
Slow changes or a bump in the road?
By Daniella D’Alimonte – Exclusive to Lead Investing News After slipping through the summer, lead made a slight recovery over the last week. After reaching a low of US$0.75 per pound August 14, it is now back up to nearly US$0.88 per pound. With the harsh blows being meted out to metal exploration and mining companies in the [...]
China’s Western Mining Cuts 2008 Lead
China’s second biggest lead miner, Western Mining, decreased its 2008 lead production forecast due to rising costs, plant outages and limited power supplies. Western Mining said it has reduced or halted production in some lead-producing subsidiaries, as well as one zinc smelter in the central province of Hunan, after local authorities cracked down on mining in [...]
Sterlite Industries Lead Results
India’s Sterlite Industries Limited announced lead production was up at an increase of 27 percent. Sterlite Industries Limited is India’s biggest non-ferrous metals and mining company. Recently, HZL announced Phase III of it expansion program, comprising a 210 ktpa Zinc Smelter, 100 ktpa Lead Smelter and 160 MW of Captive Power Plants. The order for [...]
Hindustan Zinc Q1 Profit Dips
High zinc and lead production was not enough to boost profits as Hindustan Zinc Ltd. reported a reduced net profit on declined revenues. Hindustand Zinc Ltd. is India’s only integrated producer of zinc and lead. The company said the positive impact of higher volumes on sales and profit was offset by the adverse impact on [...]
