Zinc – In a sector outlook piece released today, Dundee Capital Markets said that its "positive zinc thesis is unchanged." Put simply, the firm believes that major zinc mine closures in addition to "structural issues in the zinc industry" will begin to push prices for the metal up at the end of the year.
Articles Tagged "Lundin Mining Corporation"
Zinc – Joseph Gallucci of Dundee Capital Markets sees a rosy future for zinc investors. As the large zinc mines shut down, the juniors are stepping forward to meet growing demand for the industrial staple. In this interview with The Mining Report, Gallucci delivers smart tips for base metals investors on where to find opportunity when zinc prices start to climb.
Zinc – Some Peruvian projects have been affected by local troubles, but zinc miners on the whole look strong.
Copper – Lundin Mining Corporation (TSX:LUN, OMX:LUMI) announced their results for Q1, including net earnings of $50.1 million ($0.09 per share) for the quarter ended March 31, 2013.
Cobalt – Lundin Mining Corporation (TSX:LUN, OMX:LUMI) announced their first quarter results and highlights, including the closure of the of the acquisition of the Kokkola cobalt refinery. As quoted in the press release:
Cobalt – OM Group (NYSE:OMG) announced that they have divested their cobalt business to a joint venture between Freeport-McMoRan Copper & Gold Inc., Lundin Mining Corporation and La Generale des Carrieres et des Mines (Gecamines) for $325 million.
Copper – Lundin Mining Corporation (TSX:LUN, OMX:LUMI) announced fourth quarter and full year for 2012 results, including net earnings before impairment charges of $45.0 million ($0.08 per share) for the quarter ended December 31, 2012.
Zinc – The zinc market remains lackluster amid the release of 2012 figures from the International Lead and Zinc Study Group.
Owning the supply chain is one way for miners to wring added value from their operations in an ever-tightening economy.
Cobalt – Lundin Mining Corporation (TSX:LUN, OMX:LUMI) announced that it will acquire a large scale cobalt chemical refinery in Kokkola, Finland.