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"
Wednesday, May 26, 2010
Qiao Xing Universal Resources Inc. (XING), an emerging Chinese resources company headquartered in Huizhou, Guangdong Province, has announced that its wholly-owned subsidiary Chifeng Zhongtai Mining Co., Ltd. has signed a letter of intent with Chifeng Xingu Mining Co., Ltd., to acquire the 100% equity interest in Balinzuo Banner Xinyuan Mining Co., Ltd.. This is for [...]
Continue reading "Qiao Xing Universal Acquires Balinzuo Banner Xinyuan"
Tuesday, May 25, 2010
Meridian Minerals (ASX: MII) has announced that 14 diamond drill holes drilled at the Kapok West prospect, on the Lennard Shelf Project in Western Australia has landed the company into a high grade lead and zinc mineralization. Meridian’s Managing Director, Jeremy Read is quoted saying: “Today we have announced our highest ever grade intersection, of [...]
Continue reading "Meridian Minerals Lands on High Grade Lead and Zinc at Kapok West"
Friday, May 21, 2010
Meridian Minerals (ASX: MII) has announced the assay results from its Kapok West prospect wherein a 14 diamond drill holes were drilled. As of this date, completed holes includes 31 holes are classified as infill holes. The infill holes has intersected stacked lenses of high grade, up to 30.5% combined lead and zinc. Meridian’s Managing [...]
Continue reading "Meridian Drilling Hits High Grade of Lead and Zinc"
Monday, May 10, 2010
Alexco Resource Corp. (TSX:AXR, NYSE-AMEX:AXU) has announced the initial and completed resource estimate for the historical tailings of Elsa in the Keno Hill Silver District, Yukon. The press release is quoted as saying: The Elsa Tailings are located approximately 400 meters northwest of the Elsa town site and the former United Keno Hill Mines (“UKHM”) [...]
Monday, April 6, 2009
By Leia Michele Toovey- Exclusive to Lead Investing News As the global economy arguably trots down the path to a recovery, the metals are diverging in prices due to differences in their fundamental dynamics. Lead was the second-best performer of the LME metals last quarter, coming in a few percentage points behind copper. Lead gained [...]
Continue reading "Lead and zinc positioned for recovery"
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"
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"
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"
Tuesday, January 20, 2009
By Leia Michele Toovey- Exclusive to Lead Investing News For the first quarter of 2009, the mantra of many lead and zinc miners is “survival”. After the price crash of 2008, many miners have gone underwater. This is forcing cutbacks, closures, acquisitions, and even some bankruptcies. There is no question that prices will rebound as commodity [...]
Continue reading "Survival of the fittest for lead and zinc miners"
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Thursday, May 27, 2010