Tag Archive | "milling"

Output cuts extend through lead and zinc industry

Sunday, January 25, 2009

By Leia Michele Toovey- Exclusive to Lead Investing News The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines on-stream. Some existing producers have also shut down or curtailed output at mines and plants as high costs and low prices bite. Zinc [...]

Carbon tax could bankrupt Australian lead and zinc

Sunday, November 16, 2008

By Leia Michele Toovey- Exclusive to Lead Investing News Australia’s carbon tax program may force miners into bankruptcy. Nyrstar, the countries largest zinc and lead miner issued a response to the governments proposed taxation scheme.  Chief Operating Officer Greg McMillan said modeling prepared for the company showed that the taxation would cost the company $70 million a [...]

Zinc and lead chase stock rally

Saturday, November 1, 2008

By Leia Michele Toovey- Exclusive to Lead Investing News Shanghai zinc opened at its upside limit of 4 per cent on Thursday, chasing the stock rally in the US and London. The rally was inspired by a US rate cut causing a short term bubble in the commodity prices. Later, prices came back to reflect recent [...]

Lead Price Chart
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