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Zinc News

CITIC Metal gets internal green light to buy 19.5% stake in Ivanhoe

By: Marleny Arnoldi     9th July 2018 China State-owned investment company CITIC’s subsidiary CITIC Metal has completed its confirmatory due diligence and has received the necessary internal approvals to complete the long-term, strategic cooperation and investment agreement with TSX-listed Ivanhoe Mines.  

ICMM welcomes two South American miners

By: Jessica Oosthuizen     6th July 2018 Two South American mining companies, Minera San Cristóbal and Minsur, have joined the International Council on Mining and Metals (ICMM). ICMM CEO Tom Butler notes that both companies have earned their membership of ICMM by complying with the council’s “rigorous” admission procedure, adding that... 

ICMM welcomes two South American miners
TOM BUTLER Both Minera San Cristóbal and Minsur have shown real leadership in their environmental and social performance and have valuable experience to share

Vedanta starts commissioning activities at Gamsberg

By: Simone Liedtke     5th July 2018 Diversified mining company Vedanta Resources’ subsidiary Vedanta Zinc International (VZI) has started commissioning activities at its Gamsberg project, a greenfield mining project in the Northern Cape. Waste pre-stripping was completed by the end of June and ore production has started. 

Analysts spring to Glencore’s defence as miner restores confidence with buyback scheme

By: Martin Creamer     5th July 2018 Research analysts have sprung to the defence of Glencore, which has rapidly restored confidence by announcing an immediate share buyback programme that communicates the formidable faith of management in the London- and Johannesburg-listed diversified mining and marketing company. In a note... 

Analysts spring to Glencore’s defence as miner restores confidence with buyback scheme
Photo by Creamer Media
Glencore CEO Ivan Glasenberg

Drilling resumes at Oldcastle zinc project in Ireland

By: Creamer Media Reporter      4th July 2018 A new drill programme at the Oldcastle zinc project, in Cavan and Meath, Ireland, has been launched, with about 1 800 m of drilling planned, gold and zinc explorer Connemara reported on Wednesday. The Oldcastle project is a joint venture between Connemara and Teck Resources subsidiary Teck... 

Construction of Jubilee’s Kabwe zinc recovery circuit under way

By: Marleny Arnoldi     2nd July 2018 Johannesburg- and London-listed Jubilee Metals said on Monday that construction of the zinc recovery circuit at its Kabwe project, in Zambia, was under way, while development work around testing of the lead and vanadium circuit design parameters continued. “Our process development teams have... 

Orion issues shares to its BEE partner

By: Marleny Arnoldi     29th June 2018 ASX- and JSE-listed Orion Minerals has issued additional shares to its South African black economic empowerment (BEE) partner to the value of $250 000.  

Sierra Metals plans 66% production expansion at Peru mine

By: Mariaan Webb     29th June 2018 Toronto-based Sierra Metals has delivered a preliminary economic assessment (PEA) for a 66% production expansion at its Yauricocha base and precious metals mine, in Peru. The production expansion will expand the Yauricocha mine through stages from its current 3 000 t/d to 3 600 t/d in the first... 

Orion accelerating on all fronts, looking to upscale production

By: Martin Creamer     25th June 2018 ASX- and JSE-listed Orion Minerals has raised an additional A$11-million through a share placement so that it can accelerate on all fronts. This equity capital raising funds the company beyond the bankable feasibility study (BFS) to progress its Prieska zinc/copper project, in South Africa's... 

Orion accelerating on all fronts, looking to upscale production
Photo by Creamer Media
Orion Minerals CEO Errol Smart

Minerals Council said to plan free-carry challenge

By: Bloomberg     25th June 2018 South Africa’s main mining lobby group told analysts and mining companies that it would probably challenge a final draft of the government’s new Mining Charter if two key points of dispute aren’t removed, according to two people familiar with the matter. The Minerals Council South Africa, which... 

Minerals Council said to plan free-carry challenge
Photo by Dylan Slater
Mineral Resources Minister Gwede Mantashe

Bunker Hill initiates technical report; plans TSX listing

By: Creamer Media Reporter      21st June 2018 Bunker Hill Mining Corporation, which is gearing up to reopen the historic Bunker Hill mine in Idaho’s Coeur D'Alene zinc, lead and silver mining district, has started work on a technical report, which it will use to apply for a listing on the TSX. The NI 43-101 technical report on the Bunker... 

Cobalt explorers see Congo mine law offset by price, high grades

By: Bloomberg     21st June 2018 Junior miners exploring for cobalt in the Democratic Republic of Congo (DRC) reckon increased prices and the country’s high-grade deposits will offset the added costs of new legislation larger companies have opposed. Congo, the world’s largest source of the metal, this month began implementing an... 

Erris starts brownfield exploration near historic Ireland mine

By: Mariaan Webb     21st June 2018 Mineral exploration company Erris Resources has started a surface diamond drilling programme 300 m south of the old Abbeytown zinc mine in Sligo, Ireland. The surface drilling will test for potential extensions of zinc/lead/silver/copper mineralisation extending south from the old workings at... 

Europa Metals starts Toral scoping study

By: Creamer Media Reporter      19th June 2018 Explorer Europa Metals has appointed UK-based Addison Mining Services to conduct an initial scoping study on the Toral lead, zinc and silver project, in Leon, Spain. Addison previously compiled the Toral project's mineral resource estimate, which states that the project has a metal content of... 

Group Eleven says Stonepark open towards Glencore’s Pallas Green

By: Mariaan Webb     18th June 2018 The Stonepark zinc deposit in Ireland, which TSX-V-listed Group Eleven owns with Aim-listed Connemara Mining, is likely open towards the neighbouring Pallas Green deposit of mining major Glencore and results from hole drilled in a key area of the resource have returned high-grade results. Hole... 

Group Eleven says Stonepark open towards Glencore’s Pallas Green

Nevsun extends Bisha mine life to 2022

By: Creamer Media Reporter      14th June 2018 TSX-listed Nevsun has approved an openpit extension of the Bisha mine in Eritrea, which will add 3.3-million tonnes of ore to the mill, delivering about 470-million pounds of zinc and 52-million pounds of copper. The extension will allow operations to continue to 2022 and gives Nevsun time to... 

Weatherly increases Carn ownership to 90%

By: Marleny Arnoldi     13th June 2018 Aim-listed copper miner Weatherly International has received regulatory approval from the Namibian Competition Commission for its acquisition of a further 65% interest in China Africa Resources Namibia (Carn) from Hong Kong East China Non-Ferrous Mineral Resources.  

Canadian junior opens Empire State zinc mine

By: Mariaan Webb     13th June 2018 Canadian zinc junior Titan Mining on Tuesday officially reopened the historic Empire State zinc mine, in the US, at a ceremony attended by company director George Pataki, who is the former Governor of the New York state. The mine, which has more than 100 years of previous operating history, was... 

Canadian junior opens Empire State zinc mine
George Pataki (former Governor of New York state and Titan director), Austin Juillet (miner trainee), Keith Boyle (Titan COO), Judge Eugene Nicandri (NYPA board of trustees vice chairman), Gil Quiniones (NYPA president and CEO), Darrel Johnson (miner trainer), Alex Arbogast (miner trainee).

South Africa’s ‘Samcodes way’ a world-beater – Mullins

By: Martin Creamer     12th June 2018 South Africa has succeeded in creating a meticulous set of mineral reporting codes that continue to gain international recognition. The South African Mineral Reporting Codes (Samcodes), which protect investors, are currently so highly regarded that in October South Africa will host a large... 

South Africa’s ‘Samcodes way’ a world-beater – Mullins
Photo by Dylan Slater
Samcodes standards committee chairperson Matt Mullins (left) and Mining Weekly Online's Martin Creamer

BMR sells Jubilee shares to repay creditor

By: Marleny Arnoldi     11th June 2018 Aim- and JSE-listed Jubilee Metals has completed a placing of existing shares held by Aim-listed lead and zinc mine developer BMR Group to institutional shareholders.  

Beneficiation opportunities in zinc, fuel cells – Oliphant

By: Martin Creamer     11th June 2018 Deputy Minerals Minister Godfrey Oliphant is engaging with companies on local value-addition opportunities in zinc and platinum-catalysed fuel cells, and would like mining companies to make these and other locally mined commodities available at developmental prices to facilitate... 

Beneficiation opportunities in zinc, fuel cells – Oliphant
Photo by Wynand van der Merwe
Deputy Mineral Resources Minister Godfrey Oliphant (right) with Mining Weekly Online's Martin Creamer

Murchison Minerals expands prospective area in Canada

By: Marleny Arnoldi     8th June 2018 TSX-listed zinc/copper/silver miner Murchison Minerals has acquired more ground near its Brabant-McKenzie property, in Saskatchewan, Canada, by staking and is planning additional ground geophysics at the property.  

Hannan Metals to raise C$1m for Irish project

By: Marleny Arnoldi     8th June 2018 TSX-listed base metals miner Hannan Metals will raise about C$1-million through a nonbrokered private placement of up to 6.7-million units of the company at a price of C$0.15 apiece.  

Callinex files technical report for updated resource estimate at the Nash Creek project

By: Anine Kilian     8th June 2018 Canadian zinc miner Callinex has filed an updated technical report for its 100% owned Nash Creek project, in New Brunswick, outlining a major increase in contained zinc, lead and silver mineralisation within indicated and inferred categories. A 2018 maiden preliminary economic assessment (PEA) on... 

BlueBird to acquire Oberon Gold to expand Australia portfolio

By: Marleny Arnoldi     7th June 2018 TSX-listed BlueBird Battery Metals has entered into a binding letter of intent to acquire 100% of Australian exploration company Oberon Gold from Providence Gold and Minerals.  

No let up on calls for flow-through model to boost exploration

By: Martin Creamer     7th June 2018 The failure to raise risk capital for greenfields exploration in South Africa was highlighted at this week’s Junior Indaba, where there was no let up on calls for the adoption of a proven Canada-type flow-through share scheme, and ongoing criticism of the unintended consequences of South Africa’s... 

No let up on calls for flow-through model to boost exploration
Photo by Wynand van der Merwe
JSE business development manager Patrycja Kula-Verster

Rio Tinto inks exploration agreement with China's Minmetals

By: Reuters     7th June 2018 Global miner Rio Tinto inked a joint venture agreement with China Minmetals Corp on Thursday, as the companies look to explore mineral deposits in China. The 50:50 joint venture with State-owned Minmetals follows a technical agreement signed in November when both parties committed to a... 

Rio Tinto inks exploration agreement with China's Minmetals
Photo by Bloomberg
Rio Tinto CEO Jean-Sebastien Jacques

Plan for mining community development levy scrapped

By: Bloomberg     6th June 2018 South Africa’s government has scrapped plans to compel mining companies to contribute 1% of their annual turnover to a new community development agency because it feared the funds could be abused, the nation’s mining minister said. The levy was proposed in a draft of the nation’s new Mining... 

Current mining ‘boom’ very different to last one – CRU

By: Martin Creamer     6th June 2018 A return of capital expenditure (capex) and inorganic sources of growth are seen as a key corporate priority for 2018 and beyond, CRU Group senior consultant Aleksander Popovic said on Wednesday. The provider of marketing intelligence to mining told the Junior Indaba that the company’s... 

Current mining ‘boom’ very different to last one – CRU
Photo by Dylan Slater
CRU Group senior consultant Aleksander Popovic

Trevali intersects high-grade zinc mineralisation 240 m below Perkoa mine

By: Anine Kilian     6th June 2018 Zinc-focused base metals company Trevali has reported that recent drilling at its Perkoa mine, in Burkina Faso, confirms mineralisation remains open at depth, after drilling 240 m below the current modelled mining level. The company said in a drilling exploration update on Wednesday that, since... 

South Africa’s commodity sector continues to suffer, despite favourable market conditions

By: Simone Liedtke     5th June 2018 While favourable market conditions, higher commodity prices and strong internal discipline will produce increased liquidity and balance sheet strength for miners this year, advisory firm PwC Africa energy, utilities and resources leader Michal Kotzé believes South Africa’s commodity sector will... 

Potential exploration target of 485 000 t identified at Galileo’s Star Zinc project

By: Simone Liedtke     4th June 2018 The results of an independent conceptual grade and tonnage estimate at Galileo Resources’ Star zinc project, in Zambia, has highlighted a potential exploration target of 485 000 t. The estimate, which was based on modelling the results from the company’s recently completed 26-diamond drill hole... 

Altus Strategies lists on TSX-V, retains Aim-listing

By: Simone Liedtke     4th June 2018 Exploration project generator Altus Strategies is now dually listed on the London Stock Exchange’s Aim and the TSX-Venture Exchange, with ordinary shares expected to start trading on TSX-V on June 6. As at the listing date, the company had just over 176-million shares in issue and had granted... 

Great Panther to decide on Coricancha restart in early 2019

By: Simone Liedtke     1st June 2018 Vancouver-based Great Panther expects to be able to make a decision in early 2019 about restarting the past-producing Coricancha precious and base metals mine that it bought in June last year. The gold/silver/zinc/copper underground mine and mill complex, east of Lima, in Peru, has a 600 t/d... 

Great Panther to decide on Coricancha restart in early 2019

Orion receives extended bridge loan term to progress Northern Cape projects

By: Marleny Arnoldi     1st June 2018 ASX- and JSE-listed exploration and development company Orion Minerals has received an extension on its $6-million bridge loan term from mining-focused private equity group Tembo Capital, from May 31 to September 30.  

Canada’s Nautilus aiming to start marine mining in 2019 despite enviro concerns

By: Dylan Slater     1st June 2018 Deep-sea mining is yet to become a major mining activity, and not much is known about undersea deposits of minerals. However, some role-players in the mining industry are claiming that the deep-sea floor could be host to an abundant and untapped resource of highly sought-after commodities, which... 

Canada’s Nautilus aiming to start marine mining in 2019 despite enviro concerns

Oil & gas, mining industries anxious about top brass succession planning

By: Henry Lazenby     31st May 2018 There is real anxiety in the oil and gas and mining industries regarding the lack of aptitude to replace an ageing top-level management talent pool, Stephen Diotte, partner and head of leadership services for Odgers Berndtson tells Mining Weekly Online. He recently joined the executive search... 

Oil & gas, mining industries anxious about top brass succession planning

Trevali appoints new CFO

By: Anine Kilian     31st May 2018 Gerbrand van Heerden has been appointed CFO of zinc-focused base metals company Trevali, taking over from outgoing CFO Anna Ladd-Kruger, effective June 1. “Van Heerden’s extensive base metals and finance experience will provide a solid foundation to the company as it continues to evolve into a... 

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