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
Continue reading "Mining group Vedanta launches $250 mln share buyback"
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?"
Sunday, November 23, 2008
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 [...]
Continue reading "Zinc and lead companies underwater"
Friday, November 7, 2008
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
Continue reading "Hecla buys Assets of Independence Lead Mines"
The Lead Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
LeadInvestingNews.com maintains a focus on Lead exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
For upcoming lead investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
Wednesday, December 3, 2008