Xstrata to Expand McArthur River Mine
Zinc – Despite falling zinc prices and sluggish demand, major producer Xstrata is expanding its McArthur River lead-zinc mine in Australia's Northern Territory.
Articles Tagged "EBR:NYR"
Canada Looks to Boost Lead Production
Lead – Though mining giant Xstrata will be closing down its Brunswick mine in the first quarter of next year, Canada's lead production is set to receive a boost from enterprising juniors.
Nyrstar Bids for Breakwater, Sending Shares to 3-Year High
Zinc – Bloomberg reports that Nyrstar (EBR:NYR) plans to make a C$619 million ($630 million) bid for Breakwater Resources Ltd. (TSE:BWR).
Growing Chinese Zinc Inventories Not Reflecting Fundamentals
Zinc – Zinc, among a variety of other base metals and commodities, has recently been said to have deviated from industrial-use demand and is instead being used as a short-term hedge to provide some Chinese companies and trading houses with liquidity in the increasingly tight Chinese credit marketsZinc, among a variety of other base metals and commodities, has recently been said to have deviated from industrial-use demand and is instead being used as a short-term hedge to provide some Chinese companies and trading houses with liquidity in the increasingly tight Chinese credit marketsZinc, among a variety of other base metals and commodities, has recently been said to have deviated from industrial-use demand and is instead being used as a short-term hedge to provide some Chinese companies and trading houses with liquidity in the increasingly tight Chinese credit markets
Nyrstar Pays CEO 1.2 Million Euros in 2010 as Shares Gain 34%
Zinc – Bloomberg reported that the CEO of Nyrstar (EBR:NYR) was paid 1.2 million Euros last year on stock gains of 34%.
