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Zinc News

Higher metal prices boost Boliden’s Q4 profits

11th February 2004 Leading European mining and smelting company, Boliden, reported a jump in fourth-quarter profits yesterday, thanks to higher metals prices and strong demand, and said it saw copper and zinc prices rising more. 

Chinese firm to raise zinc capacity by 100 000 t

9th February 2004 Huludao Nonferrous Metals Group, which already has the largest zinc ingot capacity in China, will expand capacity by 100 000 t – to 430 000 t – in June 2005, a company official said on Friday. 

Bateman completes study for Iran zinc refinery

20th January 2004 South African engineering group Bateman recently completed a feasibility study on behalf of the Iran Zinc Mines Development Company (IZMDC), for the establishment of a new refinery. 

China considers zinc plant restart in 2004

6th November 2003 China's second-largest zinc producer, Huludao zinc smelter, said yesterday it wants to reopen its 130 000-t/y plant in the second half of 2004 if global prices exceed $1 000/t. 

Future prospects for zinc debated

29th October 2003 Financial and market analysts, government representatives and other industry observers recently gathered in London for two events named ‘Surprisingly Zinc’ and ‘Zinc Forum 2003’, to discuss and explore future prospects for the zinc industry. 

Skorpion to reach full tilt by December 2004

20th October 2003 Anglo American's wholly owned $454-million Skorpion zinc mine and refinery in southern Namibia should reach full capacity by December 2004, with completion on budget, David Morris, head of zinc, said last week. 

Namibian zinc project to be at full tilt by end-2004

15th September 2003 Mining giant Anglo American's wholly-owned Skorpion zinc mine and refinery near Rosh Pinah, in southern Namibia, was officially opened by the Namibian President Sam Nujoma at the weekend. 

Zinc price shows signs of recovery

By: Martin Zhuwakinyu     12th September 2003 The zinc price, which has risen to $810/t from $770/t at the beginning of the year, is forecast to top the $900/t mark early in the new year, but it is unlikely that the firming price will prompt immediate approval of projects which are currently in abeyance. 

Xstrata plans to shut UK zinc operation

8th September 2003 Swiss miner Xstrata plans to shut Britannia Refined Metals (BRM), its recycling operation at Northfleet in the UK, at the end of the year - the operation is a wholly owned subsidiary of Xstrata Zinc. 

Swedish miner sees rising copper, zinc prices

20th August 2003 Swedish mining and metals group Boliden AB made bullish predictions about base metals prices yesterday, saying it saw rises in copper and zinc from historically low levels, boosted by rising demand. 

Chinese zinc company sees higher profits

18th August 2003 Huludao Zinc Industry company, China's top zinc producer, on Friday posted a net profit of 37,9-million yuan for the first half, down 49% from a year earlier on low metal prices and high concentrate prices. 

Zinc prices kill Burkina Faso project

By: Deborah Spicer     25th July 2003 The proposed Perkoa zinc project, of Burkina Faso, is unviable until the zinc price, which stands at $800/t, increases to $1 100/t, and the London Metal Exchange (LME) stockpile of the metal is halved, reports Metorex executive chairperson Simon Malone. 

China zinc offshore prices fail to tempt exporters

25th July 2003 China is reluctant to raise zinc exports despite rising global prices, preferring to sell the metal domestically where demand from the booming steel sector is strong, industry officials said on Wednesday. 

Zinc body seeks new head

22nd July 2003 The International Zinc Association (IZA) announced yesterday that would be recruiting a new executive director to take the company into a new era of expanded scope, especially as the zinc activities of the International Lead Zinc Research Organisation are to be integrated with those of IZA. 

SA group also keen on Moatize coal project

By: Keith Campbell     11th July 2003 SOUTH African mining group Kumba is interested in developing the Moatize coal deposits in Mozambique.? 

Chinese zinc producer to raise output, capacity

29th May 2003 to increase output to 80 000 t this year from 60 000 t in 2002, a company official said yesterday. Hongda, a top zinc producer in southwestern province of Sichuan, also planned to nearly triple its capacity to 300 000 t/yr in three years, which would make it one of the top zinc firms in China,... 

Negative outlook for zinc prices continues

28th May 2003 World zinc prices, which during the last year fell to their lowest level in real terms since the Great Depression, are forcing miners to drive down their production costs – and, the outlook remains bleak. 

First zinc produced at Skorpion

By: Martin Czernowalow     19th May 2003 Mining giant Anglo American said on Friday that its wholly-owned Skorpion zinc mine has produced its first metal, after being completed within budget. 

Canadian miner eyes Tunisian zinc deposit

12th May 2003 Canada's Breakwater Resources is in talks with Tunisia to develop an unmined zinc deposit, close to its existing Bougrine mine, southwest of the capital Tunis, its chief executive said. 

Gap between LME and China widens

8th May 2003 China is reluctant to make spot export offers after the latest retreat in London Metal Exchange (LME) prices left domestic prices far above international levels, traders said on Wednesday. 

Swedish mining sees higher copper, zinc prices

7th May 2003 Swedish mining sees higher copper, zinc prices "Inventories are low and demand from industry is on the rise," Jan Johansson told Reuters in a brief telephone interview after his company released its first-quarter results. 

Chinese zinc refiners protest low margins

17th April 2003 Dismal treatment charges are pressuring China's key zinc firms to trim output targets and limit imports of raw material this year, company officials and analysts said yesterday. 

Aluminium and zinc roles in Southern Africa

28th March 2003 A Canadian engineering company has played a significant role in Southern Africa’s aluminium and zinc industries. 

China expected to produce 2,04mt zinc in 2003

25th March 2003 China is expected to produce 2,04-million tons of zinc in 2003, versus last year's 2,08-million tons, State-backed metal research group Antaike Information Development Co said yesterday. 

Leading Chinese zinc producer to keep output flat

21st March 2003 Top Chinese zinc producer Huludao Zinc plans to maintain 2003 output steady at last year's 221,600 tonnes and keep one of its plants shut this year, a company official said on Thursday. 

Kumba approves China zinc refinery joint venture

4th March 2003 South African iron-ore producer Kumba Resources said it had approved an equity joint venture to expand and operate a zinc refinery and roaster in Inner Mongolia in China. 

China’s importance in lead-zinc smelting growing

27th February 2003 China's role as an important player in lead and zinc smelting is growing, with five out of seven primary lead projects located there, the International Lead and Zinc Study Group (ILZSG) said yesterday. 

Skorpion zinc project on schedule

21st February 2003 Low global zinc prices will not delay the commissioning of Anglo American's $454-million Skorpion Zinc project at Rosh Phinah in southern Namibia, an Anglo executive said this week. 

Swedish miner swings into profit

18th February 2003 Swedish exploration and mining company North Atlantic Natural Resources AB swung into full-year profits on Friday, thanks to income from its first year of operations at a copper and zinc mine in northern Sweden. 

Training facility at Namibian zinc-mine delivers results

24th January 2003 The first zinc cathode was pulled from the electrowinning cells in the tank house at Skorpion Zinc’s training facility site near Rosh Pinah in southern Namibia recently. 

SA miner rethinks DRC copper-cobalt project

By: marisa rodrigues     24th January 2003 Signs that mining companies may be coming close to a point where they can enter or return to the mineral rich Democratic Republic of Congo are starting to appear. 

Another excavator for Tanzanian contract miner

By: marisa rodrigues     24th January 2003 Tanzania’s fast-growing mining and construction contractor, Caspian, has taken delivery of another Liebherr R954 excavator for alluvial mining and water drainage control on the haulroads and pit runoff at Williamson Diamonds diamond-mine contract in Mwadui. 

Zinc body expands membership base

3rd December 2002 Important changes to the membership structure of the International Zinc Association (IZA) have been agreed at its General Assembly recently, the body announced. 

Skorpion Zinc to come on stream Q1

26th November 2002 Construction work at Anglo American's Skorpion Zinc mine and refinery, at Rosh Pinah in southern Namibia, is almost complete and will come on stream early next year, a senior executive said yesterday. 

Miner finds zinc, silver deposit in Sweden

18th November 2002 Swedish mining and metals group Boliden said last week it had found a rich new deposit of zinc and silver at its Kristineberg mine that would extend the lifetime of the mine. 

Zicor expansion project

11th October 2002 Name of the project and location Zinc Corporation of South Africa (Zincor) expansion project, Gauteng. Project description Zincor is aiming, despite the drop in the price of zinc, to expand current production. Current expansion plans include using a debottlenecking process, which will tackle the... 

Zinc surplus only remedied by output cuts - report

9th October 2002 Zinc prices are at all-time lows in real terms, despite demand growth, chiefly due to producers' failure to implement sizeable cutbacks, Paul White of the International Lead and Zinc Study group (ILZSG) said on Monday. 

Zinc-air battery plant

27th September 2002 Name of the project and location Zinc-air battery plant, Gauteng. Project description German high-tech engineering company Zoxy Energy Systems, which is 60% owned by South African company Kumba Resources, is to build a zinc-air battery plant in Pretoria, Gauteng. The plant will produce and... 

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