Imperial Metals (TSE:III) announced today that they have signed a definitive agreement to acquire all the outstanding shares of Selkirk Metals (CVE:SLK). The purchase price is $0.12 per Selkirk share or one Imperial share for each 30 Selkirk shares. With 87.5 million shares outstanding, this puts a value on Selkirk of approximately $10.5 million. From [...]
Continue reading "Imperial Scooping Up Selkirk"
Sunday, March 15, 2009
By Leia Michele Toovey- Exclusive to Lead Investing News Chinese lead and zinc refineries are interested in integration and expansion, but not mergers or acquisitions. The Chinese government showed its support by providing a plan to encourage the non-ferrous industries to restructure and integrate. The government has also mentioned that it wants to support the [...]
Continue reading "China to force out lead and zinc juniors?"
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"
Thursday, January 22, 2009
Highland delays commissioning of its Novoshirokinskoye gold-silver-lead-zinc project and also defers majority of construction work at its Mayskoye project. For full story, click here
Continue reading "Highland delays commissioning of Novoshirokinskoye project"
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"
Wednesday, January 7, 2009
Highland Gold Mining delays commissioning of its Novoshirokinskoye gold-silver-lead-zinc project and also defers majority of construction work at its Mayskoye gold project. For full story, click here
Continue reading "Highland delays commissioning of Novoshirokinskoye project"
Tuesday, December 2, 2008
By Leia Michele Toovey- Exclusive to Lead Investing News On the London Metal Exchange (LME), zinc prices have nearly halved to $1,198 a tonne from the end of 2007; last Thursday, lead fell to a two-year low in London. In lead news, after reductions in automobile production, both General Motors Corp and Ford Motor Co [...]
Continue reading "Will lead production cuts boomerang prices?"
Friday, November 21, 2008
Trevali Resources Corp. said it has received highly positive results from initial independent metallurgical testing of its high-grade Magistral Norte zone on the Santander silver-lead-zinc mine project in Peru. For full story, click here
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Tuesday, September 15, 2009