Historically low stocks behind spike in zinc price for delivery tomorrow
Mining News Pro - Prices of London Metal Exchange (LME) zinc for delivery tomorrow traded at a large premium on Monday over prices for the following day due to buying fuelled by nervousness about availability in the LME system as stocks hit historic lows.
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Visit: 71
Receiver named for assets of Trevali’s Caribou zinc mine in New Brunswick
Mining News Pro - Last summer, Trevali Mining applied for relief under the Companies’ Creditors Arrangement Act (CCAA) and was granted the initial order in August. The next month it delisted its shares from the Toronto Stock Exchange. And this week, a receiver was appointed for the company’s assets at its Caribou lead-zinc-silver mine in New Brunswick.
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Visit: 247
Responsible copper mining framework extended to nickel, zinc and molybdenum
Mining News Pro - Brülhart says smelters and refiners that have been audited are not included in this figure to eliminate the possibility of double counting as metal passes through the supply chain.
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Visit: 304
NorZinc agrees on sale to shareholder RCF
Mining News Pro - In a move to ensure the long-term viability of its Prairie Creek project located in the Northwest Territories, NorZinc (TSX: NZC) has agreed to a sale to RCF VI CAD LLC following a unanimous decision by the board of directors, which has been working to address the company’s financial challenges, namely limited cash and negative working capital, to fund the project’s development.
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Visit: 374
Boliden declares force majeure on zinc amid Norway strike
Mining News Pro - Swedish miner Boliden has declared force majeure on zinc deliveries to Europe due to a strike among Norwegian electrochemical industry workers, although some production is still running, a company spokesperson said on Tuesday.
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Visit: 450
Nyrstar’s shut Dutch smelter invigorates zinc bulls
Mining News Pro - Expectations of deeper production cuts in Europe, shortages and dwindling stocks after high energy costs forced Nyrstar to shut its zinc smelter in the Netherlands have bolstered zinc’s price prospects.
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Visit: 444
Lundin weighs sale of $1 billion copper-zinc mine in Portugal
Mining News Pro - Lundin Mining Corp. is weighing the sale of a copper and zinc mine in Portugal that could be valued at about 1 billion euros ($1 billion), people familiar with the matter said.
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Visit: 490
Top Ten Zinc Projects in the World Right Now
Mining News Pro - The Selwyn zinc project in Canada’s Yukon Territory, owned by China’s Yunnan Chihong Zinc and Germanium leads by a longshot, with 19.2 million tonnes (Mt) in resources and reserves.
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Visit: 660
Zinc price highest since March as energy crunch threatens smelters
Mining News Pro - The zinc price rose the most in almost five months on Thursday after Glencore warned that Europe’s energy crisis poses a substantial threat to supply.
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Visit: 535
Common table sugar key to improving aqueous zinc batteries’ safety features
Mining News Pro - Researchers at Tsinghua University are proposing the idea of chemically modifying common table sugar to stabilize the zinc-ion environment in aqueous zinc batteries and improve the devices’ safety features.
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Visit: 619
Europe’s power crunch cuts zinc and aluminum capacity in half
Mining News Pro - Europe has lost about half of its zinc and aluminum smelting capacity within the past year, and a further surge in power prices could knock more plants offline over winter, the region’s biggest metal producers warned.
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Visit: 282
Microwaves efficiently extract manganese, zinc from spent batteries
Mining News Pro - Researchers at Japan’s Ritsumeikan University are proposing the idea of a distributed recycling system that uses microwave heating for extracting metals from old alkaline batteries.
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Visit: 577
New squeeze hits London metal market with zinc spreads spiking
Mining News Pro - There’s a new supply crisis brewing on the London Metal Exchange, as plunging stockpiles of zinc leave buyers facing a huge premium to obtain spot metal.
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Visit: 675
Warning bells sound in London Metal Exchange zinc market
Mining News Pro - Is zinc going to be the next nickel?
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Visit: 502
Zinc-air batteries get solar energy makeover
Mining News Pro - Researchers at the Korea Institute of Science and Technology (KIST) developed a technology to improve the electrochemical performance of zinc-air batteries by utilizing solar energy.
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Visit: 399
Glencore’s zinc mine expansion met by Indigenous backlash
Mining News Pro - Glencore Plc’s plans to expand one of the world’s largest zinc and lead mines has been thrown into doubt after an Australian government judged it failed to adequately consult with Aboriginal custodians over the protection of a sacred site.
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Visit: 642
Ivanhoe Mines, Gecamines sign deal to develop Kipushi zinc mine
Mining News Pro - Ivanhoe Mines has signed an agreement with the Democratic Republic of Congo’s state mining company Gecamines to bring the Kipushi zinc mine back into commercial production, the Canada-listed miner said on Monday.
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Visit: 671
Hindustan Zinc says prices to stay strong due to power costs
Mining News Pro - Zinc prices will continue to trade at elevated levels as increasing energy and raw material costs curb production at some smelters and demand grows, according to India’s biggest producer.
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Visit: 673
Korea Zinc backs storage developer Energy Vault in green push
Mining News Pro - Korea Zinc has agreed to invest $50 million in energy storage developer Energy Vault and use its technology to help decarbonise operations at its zinc refinery in Australia, the two companies said.
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Visit: 489
Dwindling copper, zinc, nickel stocks could shield prices from omicron impact
Mining News Pro - Copper, zinc and nickel prices bounced back from Friday’s omicron-induced drubbing on Monday as worries about global stocks return.
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Visit: 414
Europe’s top zinc mine halted due to water flows
Mining News Pro - Swedish miner Boliden (STO: BOL) said on Wednesday it had halted production at its Tara mine in Ireland, Europe’s largest zinc mine, due to increased water flows into the operation.
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Visit: 662
Glencore to close Italian zinc operation on power costs
Mining News Pro - Glencore (LON: GLEN) is placing its zinc sulphide operation in Portovesme, Italy, on care and maintenance by the end of December at the latest and it will remain closed until there is “a meaningful change in power market prices”, the miner and commodity trader said on Monday.
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Visit: 708
Zinc price jumps as Glencore cuts production in Italy
Mining News Pro - The zinc price rose on Monday as Glencore Plc announced it’s preparing to shut down production in Italy.
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Visit: 447
US adds nickel, zinc to critical minerals list
Mining News Pro - Nickel and zinc are now deemed critical minerals by the United States.
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Visit: 663
Zinc price hits 14-year high as Nyrstar cuts output
Mining News Pro - Zinc prices climbed to their highest level since 2007 on Thursday on supply concerns after producer Nyrstar announced a plan to cut its output due to high power prices in Europe.
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Visit: 249