Chinese controlled Perilya has turned its iconic Broken Hill lead and zinc mine cash-positive after a long period of losses and depressed metal prices had threatened to shut down the operations. Managing Director Paul Arndt stated: We are confident we can continue our improved cost performance through the balance of the financial year. For full [...]
Continue reading "Perilya’s lead mine back in the black"
Tuesday, November 25, 2008
Ailing lead miner Perilya Ltd has asked the Takeovers Panel to intervene in CBH Resources Ltd’s $28.9 million bid and confirmed it is being eyed by rival suitors. For full story, click here
Continue reading "Perilya confirms rivals’ interest to CBH"
Friday, August 22, 2008
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 [...]
Continue reading "Slow changes or a bump in the road?"
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Tuesday, April 28, 2009