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 [...]
The Xstrata Zinc owned company has been named as a finalist in the 5th Annual Australian Mining Prospect Awards. The mine, located in the NT, 900 kilometres southeast of Darwin, is one of the largest zinc and lead deposits in the world. For full story, click here For company’s website, click here
By Leia Michele Toovey – Exclusive to Lead Investing News At current price levels, approximately 50 per cent of the world’s zinc producers are under water. Zinc MZN3, mainly used as an anti corrosive in galvanized steel is currently selling for around $1,120.00 per tonne, less than half the metal’s January value. Lead prices are [...]
Brazilian metals manufacturing company Votorantim Metais closed a deal with Peruvian zinc-lead miner Atacocha to buy 68.1 % of the latter’s Class A shares for about US$117 mn. For full story, click here For Votorantim Metais’ website, click here
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