Tag: Zinc

Australian miner South32 (NYSE: SOUHY, ASX: S32) has agreed to sell its Cerro Matoso ferronickel mine in Colombia in a deal worth up to $100 million.

A crisis is unfolding in the bond market that equity investors may not be aware of. Long-term government bond yields are rising across major economies as governments struggle to contain mounting debt burdens.

Russia’s Tuva region said it has agreed with Zijin Mining Group to keep the Kyzyl-Tashtyg zinc mine working after sanctions prompted the Chinese company to weigh suspending operations.

Aluminum is expected to be the top performer among the London Metal Exchange (LME) base metals pack in 2025, with analysts forecasting a supply shortfall of the light metal this year.

The global zinc market is facing a sizeable supply deficit in 2024 as a raw materials squeeze forces smelters to reduce production of refined metal.

A Sierra Metals (TSX: SMT, US-OTC: SMTSF) update has converted between one-fourth and more than one-half of the resources at its Yauricocha and Bolivar underground polymetallic mines to reserves.

American West Metals (ASX: AW1; US-OTC: AWMLF) on Monday reported bonanza-grade copper and zinc grab samples at the Tempest prospect of the Storm project in Nunavut.

Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is selling its coal assets to Glencore (LSE: GLEN) and two Asian steelmakers for US$8.9 billion, Teck said on Nov. 14.