Zinc Fails to Gain Upward Momentum on LME
Zinc – Reuters reported that zinc have failed to recover since falling to its lowest level in 5 months last week. It closed at $1,879 on Tuesday.
Zinc – Reuters reported that zinc have failed to recover since falling to its lowest level in 5 months last week. It closed at $1,879 on Tuesday.
Zinc – Mining Weekly reported that Canadian miner First Majestic Silver posted a 27% increase on its year-on-year zinc production to 1.67 million pounds.
Zinc – Silver Standard Resources Inc (TSX:SSO, NASDAQ:SSRI) released its operational update for the first quarter of 2013 in regards to its mine activities, particularly the Pirquitas mine which produced 3.3 million pounds of zinc in Q1.
Zinc – Huldra Silver Inc (TSXV:HDA) announced that as of March 26, 2013, the company has attained commercial production based on its production levels with 131.24 dry metric tons of zinc concentrate shipped between March 1-15.
Zinc – Bloomberg reported that zinc has finally recovered from a 5-month low, rising as much as 0.8% as US factory data shows an improved economy and stronger demand for industrial metals.
Zinc – Bloomberg reported that zinc declined 0.8% in London as an increase in unemployment in Germany stoked concern that the debt crisis in Europe is affecting regional economies.
Zinc – Reuters reported that zinc fell Monday as investor enthusiasm on the Cyprus bailout deal faded amid modest demand growth from China.
Zinc – Bloomberg reported that China has strengthened its use of zinc as the state finances spending on construction according to CRU.
Zinc – Bloomberg reported that zinc gained for a third session as the world’s biggest industrial metals consumer, China ‘s manufacturing expanded at a faster rate.
Copper – Kombat Copper Inc. (TSXV:KBT) announced that it has received the full set of results from the diamond drill core program at its Gross Otavi license, noting that the results confirm the presence of copper and zinc.
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