Glencore Ends Zinc Agreement with Nyrstar
Zinc – Bloomberg reported that Glencore had to end its agreement with Nyrstar, the world’s biggest zinc producer, due to competition concerns after buying miner Xtrata.
Articles Tagged "nyrstar"
CRU Group’s Cancun Verdict: Zinc Prices Need to Rise
Zinc – The zinc market needs higher prices, a prominent analyst believes, but producers are battling an ever-softening market.
Rival Traders Compete For Glencore’s Nyrstar Zinc Deal
Zinc – Commodity traders Trafigura and Traxys are in the running to take over an exclusive deal to buy roughly $700 million a year worth of zinc from the worlds Number 1 producer Nyrstar, trade sources said.
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.
Nyrstar Considering Reopening Port Pirie
Tellurium – Nyrstar announced it is in the early stages of investigating a potential redevelopment of the Port Pirie smelter.
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 Launches Right Issue to Buy More Mines
Zinc – Reuters Africa reported that the world's largest zinc smelter has launched a right issue in order to buy additional mines.
Base metals miner Nyrstar offers CAD$409 million for Farallon Mining
Zinc – Proactive Investors.com reports that Nyrstar is now prepared to acquire Farallon Mining (TSE:FAN) for .80/share.
