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% [...]
Continue reading "Excellon Announces Drilling Success at Platosa"
Monday, March 2, 2009
By Leia Michele Toovey- Exclusive to Lead Investing News Positive sentiment that spread through the markets during the week edged up most of the base metals. The U.K. benchmark FTSE 100 Index jumped 0.9 per cent and Japan’s Nikkei 225 Stock Average closed 2.7 per cent higher in Tokyo. Pessimistic data still came out of [...]
Continue reading "Market sentiment wins in price tug-of-war"
Thursday, February 19, 2009
Lundin Mining said to close Galmoy zinc-lead mine in Ireland in May. Was to close on a phased basis over three years from end-2008. For full story, click here
Continue reading "Galmoy zinc-lead mine in Ireland may be shut"
Sunday, February 1, 2009
By Leia Michele Toovey- Exclusive to Zinc Investing News In their bi-weekly price review, Hindustan Zinc Limited announced that effective Saturday, it had cut its prices of zinc, but held lead rates steady. Zinc prices will drop by Rs 800 per tonne to Rs 68,900; whereas lead maintained the Rs 70,200 per tonne level. Lead prices have [...]
Continue reading "Zinc rates cut while lead is held steady"
Tuesday, January 27, 2009
Lundin Mining said to close Galmoy zinc-lead mine in Ireland in May. Was to close on a phased basis over three years from end-2008. For full story, click here
Continue reading "Lundin Mining to close on a phased basis"
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 [...]
Continue reading "Output cuts extend through lead and zinc industry"
Saturday, January 24, 2009
Canada’s Lundin Mining Corp said that it will close its Galmoy zinc-lead mine in Ireland in May 2009, earlier than planned, because of a sharp drop in zinc prices. For full story, click here
Continue reading "Lundin to close its Galmoy mine"
Tuesday, January 6, 2009
Acadian Mining says it scaling back operations at its Scotia zinc-lead mine in Canada. For full story, click here
Continue reading "Acadian to scale back operations at Scotia"
Sunday, December 14, 2008
By Leia Michele Toovey- Exclusive to Lead Investing News The zinc industry has been quick to respond to the slump in prices and a host of producers have announced cutbacks and closures. However, without a definitive shift in the current global economic current; supply cuts have yet to directly improve pricing. In Shanghai, spot [...]
Continue reading "Will Chinese purchases boost zinc and lead demand?"
Sunday, December 7, 2008
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 [...]
Continue reading "Low zinc and lead inventories threaten price stability"
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Thursday, May 27, 2010