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Zinc News

Nexa a pioneer of the new future of mining – Tito Martins

By: Henry Lazenby     6th March 2018 Recently rebranded Brazilian miner Nexa Resources is at the forefront of innovating in the mining industry with progressive policies and innovative technologies, an audience attending the keynote session during the Prospectors and Developers Association of Canada's 2018 convention has heard.... 

Auroch acquires South Australia zinc projects

By: Schalk Burger     6th March 2018 JOHANNESBURG (miningweekly.com) – ASX-listed Auroch Minerals on Tuesday announced that it had acquired 90% of the Arden and 100% of the Bonaventura zinc projects, in South Australia. “The Arden project and Bonaventura project comprise a substantial zinc, lead and copper play supported by... 

Mining-specific staff recruitment, management app developed 

By: Mia Breytenbach     6th March 2018 To refine and improve the execution of recruitment within the mining industry, mining and engineering professionals recruiter TrueVine Consulting has developed a new, innovative online recruitment platform, called Digger. “Digger is a digital recruitment, talent management and staff retention... 

Mining-specific staff recruitment,  management app developed
Innovative mining-specific staff recruitment, management app developed. Editing: Darlene Creamer and Christo Greyling.

Building trust between miners, host governments a prerequisite to foster economic prosperity

By: Henry Lazenby     6th March 2018 Endemic mistrust between private sector miners and African jurisdictions belies the spirit and objectives set out in the African Union's African Mining Vision, an audience attending the eighth MineAfrica panel discussion at the Prospectors and Developers Association of Canada conference heard on... 

Building trust between miners, host governments a prerequisite to foster economic prosperity
Photo by Henry Lazenby
MineAfrica 8th Panel Discussion on African Mining in 2018-Politics, Policies and Opportunities

Workers at Cajamarquilla zinc smelter in Peru start strike – union

By: Reuters     5th March 2018 Workers at the Cajamarquilla zinc smelter in Peru, controlled by Brazilian miner Nexa Resources SA', started an indefinite strike on Monday to demand a wage increase and better benefits, a union leader said. The strike started at 12:30 GMT and has affected production at the smelter, said the... 

Global metals exploration likely to rise 20% in 2018 – S&P Global

By: Henry Lazenby     5th March 2018 Global mining exploration budgets are expected to swell about 20% in 2018, bolstered by the generally positive trend in metals prices extending into early 2018, a new report by S&P Global Market Intelligence has found. Global spending on the search for nonferrous metals rose 15% year-on-year in... 

Global metals exploration likely to rise 20% in 2018 – S&P Global

New Century Resources appoints EPC contractor for zinc plant

By: Megan van Wyngaardt     5th March 2018 ASX-listed New Century Resources has contracted Sedgman as its engineering, procurement and construction (EPC) contractor, while selecting Ausenco as preferred bidder for the complete refurbishment and commissioning of operations associated with the Century zinc processing plant, slurry pipeline... 

Trevali options BMC-based Murray Brook deposit; forms strategic exploration alliance with Puma

By: Henry Lazenby     5th March 2018 Zinc-focused explorer, project developer and miner Trevali Mining has signed a letter of intent (LOI) with junior Puma Exploration to acquire an interest in the Murray Brook deposit, located in New Brunswick's Bathurst Mining Camp (BMC). The Vancouver-based miner said on Friday that it will also... 

Nevsun narrows Q4 loss on impairment reversal

By: Henry Lazenby     4th March 2018 Base metals producer Nevsun Resources has reported a narrower fourth-quarter loss of $3.8-million, or $0.01 a share, as the bottom line benefitted from the partial reversal of an impairment charge previously booked on zinc ore stockpiles. The Vancouver-headquartered company advised that based on... 

Azure exploration returns strong zinc, lead anomolies

By: Megan van Wyngaardt     2nd March 2018 ASX-listed Azure Minerals' regional exploration programme over the western half of the Oposura project area, near Hermosillo, Mexico, has identified areas of strong zinc and lead anomalism and high-grade gold, silver and base metals mineralisation on the Mina Blanca Ranch prospect. The company is... 

Azure exploration returns strong zinc, lead anomolies

New Century Resources secures zinc offtake agreement

By: Nadine James     2nd March 2018 ASX-listed zinc miner New Century Resources has signed a new five-and-a-half-year zinc concentrate offtake agreement with Nyrstar Sales & Marketing. The offtake agreement includes a variable tonnage allocation to Nyrstar, representing approximately 15% of scheduled production from the Century... 

Nautilus PEA outlines the low-cost production potential of Solwara 1

By: Henry Lazenby     2nd March 2018 Toronto-based Nautilus Minerals has published a new preliminary economic assessment (PEA) for its Solwara 1 seafloor copper/gold project, located in the Bismarck Sea offshore Papua New Guinea (PNG). The Toronto-based prospective marine miner reported an undiscounted after-tax net cash flow of... 

Mineral flowsheet development completed at Prieska zinc-copper project

By: Simone Liedtke     1st March 2018 JSE- and ASX-listed minerals exploration company Orion Minerals has successfully completed the development of a mineral flowsheet for the treatment of sulphide zinc/copper mineralisation at the Prieska project, in the Northern Cape. The derived mineral processing flowsheet achieves high zinc and... 

Jubilee, BMR extend agreement deadline for Zambia project

By: Megan van Wyngaardt     1st March 2018 Dual-listed Jubilee Metals Group and Aim-listed BMR Group have agreed, under their joint venture (JV) agreement for the Kabwe lead/zinc/vanadium project, in Zambia, to extend the date for the fulfilment of all conditions precedent from February 28 to March 31. The extension will allow for the... 

Osisko outlines 50 000 m drill campaign for Pine Point

By: Henry Lazenby     27th February 2018 Base metals explorer Osisko Metals has revealed plans for a 50 000 m drilling programme for its Pine Point zinc/lead property, located in the Northwest Territories. The Montreal, Quebec-based company advised that, since the acquisition of the property closed early this month, it has mobilised... 

Resounding welcome for Gwede, who declines opportunity to comment

By: Martin Creamer     27th February 2018 New South African Mineral Resources Minister Gwede Mantashe has received a resounding welcome from the Chamber of Mines of South Africa, Business Leadership South Africa (BLSA) and mining luminaries. The Chamber of Mines of South Africa has welcomed the appointment of Mantashe, 62, describing him... 

Resounding welcome for Gwede, who declines opportunity to comment
Photo by Duane Daws
Incoming Mineral Resources Minister Gwede Mantashe

Connemara restructures board, raises £900 000

By: Mariaan Webb     26th February 2018 rish gold and zinc explorer Connemara Mining on Monday announced that it had raised £900 000 and that it had restructured its board as the company seeks to accelerate its operational growth. Forty-six-year old Patrick Cullen, who was appointed CEO last year, has been made an executive director... 

New Century and Nyrstar agree binding offtake term sheet

By: Mariaan Webb     26th February 2018 Belgium’s Nyrstar plans to suspend arbitration proceedings against Australia’s New Century Resources after the parties agreed to a binding term sheet for five-and-a-half years of zinc concentrate offtake. In a joint statement issued on Monday, New Century and Nyrstar said that the term sheet... 

BMR's acquisition of Zambian prospecting licence finalised

By: Simone Liedtke     23rd February 2018 Mineral processing company BMR Group has made the final payment due to Zambia-based Bushbuck Resources, in order to complete the acquisition of prospecting licence 19653, better known as the Star Zinc project.        As a result, Bushbuck no longer has any charge over either the removable assets... 

Finland takes top spot for mining-friendly investment 

By: Henry Lazenby     23rd February 2018 Finland has ousted Saskatchewan as the top international jurisdiction for mining investment, Canada's Fraser Institute announced on Thursday. Canada's leading independent think-tank, the Fraser Institute, administers its Annual Survey of Mining Companies and ranks jurisdictions around the world... 

Finland takes top spot for mining-friendly investment

Hudbay swings back into black as higher copper, zinc prices lift Q4 profit

By: Henry Lazenby     23rd February 2018 Canadian base metals producer Hudbay Minerals has reported higher fourth-quarter earnings and sales as higher copper and zinc prices pushed the miner back into the black, the company reported on Wednesday. The TSX- and NYSE-listed miner said a 32% year-on-year rise in copper prices and 29% higher... 

Preferred hydraulic mining contractors selected for Century tailings

By: Creamer Media Reporter      22nd February 2018 ASX-listed New Century Resources has selected Australia-based National Pump and Energy (NPE) and South Africa-based Paragon Tailings as the preferred contractors for hydraulic mining service works for the Century tailings deposit, in north-west Queensland. NPE and Paragon have proposed a... 

Alexander Mining forms partnership with Turkish firm

By: Creamer Media Reporter      21st February 2018 Aim-listed mining and mineral processing technology company Alexander Mining has executed a commercial and technical partnership agreement with Turkey’s Proses Mühendislik, Danışmanlık, İnşaat ve Tasarım (Proses), which may result in the use of the company’s proprietary processing technologies... 

Glencore shoots lights out, mulls divi top-up, reaffirms South Africa

By: Martin Creamer     21st February 2018 Diversified mining and marketing company Glencore shot the lights out with a superlative set of 2017 results that coincided with a leap in its share price in Johannesburg, the reaffirmation of South Africa as an even more positive investment destination, and the mulling of a dividend "top up"... 

Glencore shoots lights out, mulls divi top-up, reaffirms South Africa
Photo by Duane Daws
Flashback to Ivan Glasenberg opening Glencore-funded school in South Africa's coalfields.

Gold, silver miner Hochschild eyes move into copper and zinc

By: Reuters     21st February 2018 Gold and silver miner Hochschild Mining, which has been scouting for early-stage mining projects, is interested in moving into other metals including copper and zinc, the company's chief executive said on Wednesday. Miners around the world have been looking to take advantage of demand for... 

Global lead market surplus widens in December – ILZSG

By: Reuters     20th February 2018 The global lead market showed a surplus of 20 000 t in December, after a surplus of 9 900 t in November, data from the Lisbon-based International Lead and Zinc Study Group (ILZSG) showed on Tuesday. For January to December, the lead market had an output deficit of 165 000 t, compared with a... 

Orion reveals encouraging results from drilling at Prieska project

By: Simone Liedtke     19th February 2018 ASX- and JSE-listed Orion Minerals on Monday announced further encouraging results from drilling at the company's Prieska zinc/copper project, in the Northern Cape. Drill hole OCOD087_D2, drilled on the south-west margin of the NW Trough Target, intersected 14 m of mineralised massive sulphide... 

Leon expects mining industry to have a future under Ramaphosa’s Presidency

By: Nadine James     16th February 2018 Herbert Smith Freehills partner and Africa co-chairperson Peter Leon is cautiously optimistic that the changes signalled by newly elected President Cyril Ramaphosa will benefit South Africa’s economic recovery. In a speech to the British Chamber of Business in South Africa on Thursday evening, he... 

Leon expects mining industry to have a future under Ramaphosa’s Presidency
Photo by Duane Daws
Herbert Smith Freehills partner and Africa co-chairperson Peter Leon

Tahoe lifts global gold reserves by 400 000 oz

By: Henry Lazenby     16th February 2018 Canadian precious metals miner Tahoe Resources has increased its global gold reserve base by about 12% or 399 000 oz in 2017, to about 3.7-million ounces of yellow metal, the company announced on Thursday. Vancouver-based Tahoe advised that, in 2017, it added 888 000 oz of new gold mineral... 

PDAC honours industry leaders

By: Donald Makhafola     16th February 2018 The largest challenge facing the mining industry globally is the disconnect between investors' timeframes and the timeframe to discover and develop mining projects, says exploration and development company NexGen Energy, the winner of nonprofit organisation the Prospectors and Developers... 

PDAC honours industry leaders
Photo by Bloomberg
RECOGNISING INDUSTRY LEADERS The Prospectors & Developers Association of Canada will salute exceptional industry members at its annual convention

Sound policy, low risk key to attracting mining investment

By: Henry Lazenby     16th February 2018 The global equity markets have been extremely volatile in recent weeks, extending a frantic selloff in US stocks that culminated in the steepest plunge for the Dow Jones Industrial Average in six-and-a-half years. While commodities were not spared from the rout, American multinational investment... 

Sound policy, low risk key to attracting mining investment

New Century signs gas supply agreement with Santos

By: Anine Kilian     15th February 2018 ASX-listed zinc developer New Century Resources has entered into a four-year A$100-million gas supply agreement (GSA) with independent oil and gas producer Santos for its Mount Isa power generation facilities in the Lower Gulf of Carpentaria. While the full terms of the GSA remain confidential,... 

Despite reporting a Q4 earnings miss, Teck equity rises on record revenue, cash flow

By: Henry Lazenby     14th February 2018 Canadian diversified miner Teck Resources has reported fourth-quarter headline earnings slightly below analyst expectations, as lower metallurgical coal sales and prices offset metal price improvements in the three-month period to December 31. Adjusted profit attributable to shareholders in the... 

Despite reporting a Q4 earnings miss, Teck equity rises on record revenue, cash flow

Industry, environment lobby cautiously optimistic as Canada tables new enviro review rules

By: Henry Lazenby     9th February 2018 Ottawa on Thursday tabled new legislation to improve the federal environmental assessment process for mining projects. The legislation is aimed at strengthening and restoring the credibility of Canada's environmental laws. 

Industry, environment lobby cautiously optimistic as Canada tables new enviro review rules

Ivanhoe Mines appoints new executive vice chair

By: Henry Lazenby     8th February 2018 Africa-focused explorer and project developer Ivanhoe Mines has appointed veteran mining analyst Egizio Bianchini as its new vice chairperson, effective March 12. Bianchini was most recently employed as the vice chairperson and co-head of BMO Capital Markets' Global Metals & Mining Group for 29... 

Aquila lifts Back Forty zinc resource 12%

By: Henry Lazenby     8th February 2018 Michigan-focused project developer Aquila Resources has announced an updated resource estimate for its flagship Back Forty gold/zinc project, lifting the combined measured and indicated zinc resource by 12%, while the contained gold resource climbed 4%. Based on information gained from 22 further... 

Miranda Minerals gets prospecting right for base metals project in Northern Cape

By: Megan van Wyngaardt     8th February 2018 The Department of Mineral Resources has granted Miranda Minerals a prospecting right in respect of the remainder of Rozynenbosch farm No 104, measuring 6 483 ha, in the Northern Cape. The right is effective from February 5, this year, until February 4, 2021, and relates to the... 

Jubilee’s Zambia JV hit with mining right termination notice

By: Natasha Odendaal     8th February 2018 Dual-listed Jubilee Metals Group remains supportive of its joint venture (JV) partner BMR Group after a surprise mining right termination notice was issued for the Kabwe lead/zinc/vanadium project, in Zambia, from the Mining Cadastre Department of Zambia. BMR Group plans to appeal the notice,... 

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