India-focused mining group Vedanta Resources Plc said it would spend $250 million to buy back up to 10 percent of its shares, but said it would still have plenty of cash to pay for expansion programmes. For full story, click here
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 [...]
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 [...]
Hecla Mining Company said that it has bought substantially all of the assets of Independence Lead Mines Company (ILM), located in northern Idaho’s Silver Valley. For full story, click here For Hecla’s website, click here
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