Plummeting zinc prices in the fourth quarter last year that lasted into the first quarter this year forced many zinc mines to shut down because they were no longer profitable. Several Canadian miners are now changing their stance.
HudBay had closed the mine earlier this year because of weak zinc prices. With the price of zinc [...]
Zinc Investing News reports metal prices were hit severely due to the global recession and the financial crisis.
Shanghai zinc trading was suspended on Friday for one day, after it fell by its daily limit for three consecutive sessions. On the LME, zinc cash buyer ended the week at $1,061.00 per tonne. Seller and sentiment were $1062.00 per tonne, three [...]
Lead Investing News reports there is gloom with metal prices with the financial crisis felt all over the world.
For lead, Friday LME cash buyer was $1150.00 per tonne, seller and sentiment was $1150.50 per tonne, three month buyer $1165.00 per tonne, three month seller $1166.00 per tonne, 15 month buyer $1210.00 per tonne, and 15 month seller was $1215.00 [...]
Zinc Investing News reports the price of zinc is trading just over US$0.80/lb.
After Zazu Metals Corporation (TSX: ZAZ) had reached its year’s low of US$0.19 per share on August 19, it had recently gone up to US$0.24 per share, and continues to rise.
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Sunday, November 8, 2009
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