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Zinc News

Bluejay prepares for ‘highly active’ year in Greenland

By: Creamer Media Reporter      27th January 2020 Greenland-focused Bluejay Mining is preparing for a “highly active” year ahead, as it plans for a maiden drilling campaign at its newly enlarged Kangerluarsuk zinc/lead/silver project, while work continues at the advanced Dundas ilmenite project and the Disko-Nussauq project. Bluejay CEO... 

Orion Minerals lender extends loan due date to June

By: Marleny Arnoldi     24th January 2020 The due date of ASX- and JSE-listed Orion Minerals’ loan facility with Tembo Capital has been extended to June 25, from January 25. Orion secured the $3.6-million convertible loan facility with Tembo Capital last year.  

Transformation under way at Rosh Pinah and Perkoa

By: Tracy Hancock     24th January 2020 The African operations of global base-metals mining company Trevali Mining are big contributors to its overall portfolio and are important to the company’s future, says Trevali CEO and president Ricus Grimbeek, who will speak at this year’s Investing in African Mining Indaba, in Cape Town, from... 

Transformation under way at Rosh Pinah and Perkoa
ROSH PINAH The RP2.0 expansion at the Namibian mine is expected to increase production by 60% to 80%

Lundin Mining meets guidance at all operations

By: Creamer Media Reporter      23rd January 2020 Canada-headquartered Lundin Mining has achieved its production guidance for all the metals it produces, at all its operations, as the miner prepares for a big jump in production this year. The miner produced 67 131 t of copper in the fourth quarter, taking total production for the year to 235... 

Nigeria to resume mining in Zamfara state in first quarter – minister

By: Reuters     22nd January 2020 Nigeria will lift a ban on mining in Zamfara state by the end of March after the government deployed a surveillance team to stifle illegal activity in the northwestern region, the minister of mines and steel development said. The government suspended operations in April on concerns that illegal... 

World risks 'disaster' as reuse of natural resources declines

By: Reuters     21st January 2020 The proportion of raw materials the world is reusing has fallen, researchers said on Tuesday, warning of a "global disaster" as annual consumption of natural resources rose to 100-billion tonnes for the first time. Just 8.6% of the 100-billion tonnes of materials – including minerals, metals,... 

Strong quarter for NQ Minerals’ Australia project

By: Simone Liedtke     13th January 2020 LSE-listed NQ Minerals on Monday said that its flagship Hellyer gold mine, in Australia, had experienced improved operating conditions and metallurgical recoveries across its fourth quarter. During the quarter, unaudited gross revenues amounted to A$15.5-million, gross profits were A$7.4-million... 

Mining operator killed in fall of ground at Northern Cape mine

By: Tasneem Bulbulia     13th January 2020 Venessa Plagg, a mining operator at the Black Mountain Mine (BMM) Deeps Shaft, in the Northern Cape, has died after being injured in an isolated fall of ground that occurred at Level 49 at about 23:00 on Friday. All production at the Deeps operation has been suspended. 

‘Technical’ year ahead for Central Asia Metals as it moves to cut, fill mining

By: Marleny Arnoldi     9th January 2020 Aim-listed Central Asia Metals (CAML) managed to exceed its yearly guidance at the Kounrad copper recovery plant, in Kazakhstan, producing 13 771 t in 2019. This while production at the Sasa mine, in north Macedonia, reached the top end of the guidance range at 23 360 t zinc and 29 201 t lead.  

Baita Plai cold commissioning gets under way

By: Mariaan Webb     16th December 2019 Aim-listed mining company Vast Resources has started the cold commissioning of tis Baita Plai polymetallic mine, in Romania, with initial trail mining expected to be carried out shortly. The current cold commissioning capacity is up to 7 000 t/m and will be progressively ramped up 14 000 t/m in... 

Baita Plai cold commissioning gets under way

Anglesey continues to believe in Parys Mountain

By: Creamer Media Reporter      13th December 2019 Work on mine planning and project optimisation is continuing at the Parys Mountain zinc, copper, lead project, in Wales, and project owner Anglesey Mining continues to believe that the mine could be company changing. Irish mining contractor QME is carrying out an agreed programme of design,... 

Anglesey continues to believe in Parys Mountain

Michigan grants Aquila’s Back Forty permit amendments

By: Mariaan Webb     13th December 2019 The Michigan Department of Environment, Great Lakes, and Energy (EGLE) has approved amendments to TSX-listed Aquila Resources' nonferrous metallic mineral mining permit and its Michigan air use permit for its Back Forty project. The amendments update the permits to align with the project design... 

Adriatic returns to London roots as it continues exploration in Bosnia

By: Simone Liedtke     12th December 2019 Over 177-million ordinary shares of UK-based exploration and development company Adriatic Metals was admitted to trade on the LSE on Thursday. The company was initially listed on only the ASX to allow for early-stage exploration to be absorbed into the investor community that’s more familiar with... 

Adriatic returns to London roots as it continues exploration in Bosnia

Orion Minerals closes share purchase plan

By: Simone Liedtke     11th December 2019 Dual-listed Orion Minerals’ share purchase plan (SPP) closed last week. The SPP was announced in October and closed on December 6. 

Tribunal approves Exxaro's buyout of Cennergi

By: Creamer Media Reporter      5th December 2019 The Competition Tribunal has unconditionally approved diversified miner Exxaro Resources' proposed buyout of the remaining 50% interest in the Cennergi joint venture (JV). Exxaro in September announced the proposed R1.55-billion transaction to buy out Khopoli Investments' share in the JV, which... 

Minerals Council members largely compliant with 2010 Charter requirements 

By: Simone Liedtke     4th December 2019 The Minerals Council South Africa on Wednesday published a report on the South African mining industry’s progress in transforming the industry in terms of the Mining Charter. The report was based on a survey by advisory firm Moshe Capital into the council members' transformation and community... 

Minerals Council members largely compliant with 2010 Charter requirements
Photo by Creamer Media
Minerals Council CEO Roger Baxter and public affairs and transformation senior executive Tebello Chabana

Base metals fundamentally in good shape despite lower demand – Glencore

By: Martin Creamer     3rd December 2019 Despite weaker 2019 demand, base metals are fundamentally in good shape, Glencore CEO Ivan Glasenberg said on Tuesday. Presenting an investor update with Glencore CFO Steve Kalmin and Glencore industrial assets head Peter Freyberg, Glasenberg described copper, zinc and nickel markets as being... 

Base metals fundamentally in good shape despite lower demand – Glencore
Photo by Bloomberg
Glencore CEO Ivan Glasenberg

Consolidated Zinc to manage own mine in Mexico

By: Creamer Media Reporter      3rd December 2019 The Plomosas zinc/lead/silver mine, in Mexico, will move to an owner-operated mining operation, after ASX-listed Consolidated Zinc terminated the mining contractor, citing “significant deficiencies” in its performance. The company believes that bringing mining contracting services in-house will... 

Orion to publish optimised Prieska BFS early next year, continues financing talks

By: Marleny Arnoldi     3rd December 2019 ASX- and JSE-listed Orion Minerals has continued to incorporate positive results from optimisation studies into the Prieska copper project’s bankable feasibility study (BFS). The optimisation studies will culminate in an updated BFS in the first quarter next year and is expected to highlight... 

Group Eleven exploration VP Barry steps down

By: Creamer Media Reporter      29th November 2019 Canada’s Group Eleven announced on Thursday that John Barry, cofounder and VP for exploration and strategy, has stepped down from his position and resigned as director of various Irish subsidiaries with immediate effect. In an announcement, Barry said that after 32 years of exploring for metals... 

Aquila awaits amended Back Forty mining permit as panel upholds earlier ruling

By: Mariaan Webb     28th November 2019 Project developer Aquila Resources is awaiting issuance of the amended mining permit and air permit for its Back Forty zinc and gold project, in the US, after the state of Michigan environmental review panel upheld the mining permit. The decision by the panel marks the final step in the... 

Lundin Mining sees big jump in production next year

By: Mariaan Webb     27th November 2019 Canada-headquartered Lundin Mining is forecasting a big increase in production, with its copper output expected to rise by 20%, its zinc production by 15% and nickel production forecast to increase by more than 25%. The increased 2020 copper production guidance of 272 000 t to 296 000 t is based... 

Vedanta warns it may have to process ore outside South Africa 

By: Reuters     26th November 2019 Vedanta, one of South Africa's biggest international investors, will process its zinc ore elsewhere unless the country can fix its power problems, the CEO of Vedanta unit Vedanta Zinc International said. South Africa has suffered rolling blackouts and the debts of state power company Eskom have... 

Vedanta warns it may have to process ore outside South Africa
Photo by Creamer Media
Vedanta Zinc International CEO Deshnee Naidoo

NorZinc’s Prairie Creek has all major permits

By: Creamer Media Reporter      25th November 2019 Vancouver-headquartered NorZinc has all the major permits required for the construction and operation of the Prairie Creek mine and an all-season access road that will provide year-round access to the site in the Northwest Territories. Parks Canada issued the water licence and land use permit... 

Arkle reviews 'strategic options' relating to Ireland zinc interest

By: Mariaan Webb     25th November 2019 The share price of London-listed Arkle Resources spiked on Monday morning as the company announced a review of strategic options relating to its shareholding in the Stonepark zinc project, which it owns with Canada’s Group Eleven Resources. Arkle holds a 23.44% share in the project, located in... 

Arkle reviews 'strategic options' relating to Ireland zinc interest
Project location of Stonepark

Canadian railway strike disrupts steel, copper trade with US

By: , Bloomberg     22nd November 2019 Steel, copper, aluminum and zinc shipments between the US and Canada are at risk from a strike at Canadian National Railway Co. In the US, Union Pacific, the largest freight rail provider in the West region, said this week that it would stop accepting shipments into or from CN Railway’s Canada... 

Canadian railway strike disrupts steel, copper trade with US

Solar reducing electricity costs, lowering diesel use   

By: Martin Creamer     20th November 2019 Solar power is playing a major role in reducing daytime electricity bills and lowering diesel use in off-grid diesel consuming areas, says SunRanch.Solar, whose clients are benefiting from below grid power costs and major diesel savings. “We reduce people’s daytime power costs by 60% to 70%,”... 

Solar reducing electricity costs, lowering diesel use
SunRanch.Solar talks to Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd

Qld govt commits A$13.8m to unlock critical minerals

By: Esmarie Iannucci     19th November 2019 The Queensland government on Tuesday announced A$13.8-million in funding for critical minerals in an effort to open up the untapped ‘new economy’ minerals bounty in North Queensland and foster new discoveries, projects and jobs. “Global demand is set to soar for cobalt and rare earth minerals... 

Black Mountain launches enviro assessment exercise for proposed zinc smelter  

By: Marleny Arnoldi     18th November 2019 Environmental and advisory solutions firm SLR Consulting South Africa has invited public comment into the environmental-impact assessment (EIA) for the proposed construction of a new zinc smelter and associated infrastructure at the Gamsberg zinc mine’s Phase 1 concentrator plant. Black... 

Black Mountain launches enviro assessment exercise for proposed zinc smelter
Photo by Creamer Media
Gamsberg zinc mine, in the Northern Cape

Europa starts additional drilling at Toral

By: Mariaan Webb     15th November 2019 Lead, zinc and silver developer Europa Metals is starting a further diamond drilling campaign at its Toral zinc, lead, silver project, in Spain, focusing on a target area to the west of the current indicated resource within the existing inferred zone. The drilling programme, along with... 

Orion Minerals increases capital raising by $1.3m 

By: Marleny Arnoldi     14th November 2019 Dual-listed base metals developer Orion Minerals has increased its share placement to sophisticated and professional investors to $7.7-million, from the $6.4-million originally announced on October 25. The company has now placed about 308-million fully paid ordinary shares at $0.025 apiece.  

Ireland airborne survey yields ‘large surprises’, says Group Eleven

By: Mariaan Webb     13th November 2019 The Geological Survey of Ireland’s ‘Tellus’ airborne geophysical survey, covering TSX-V-listed explorer Group Eleven’s Stonepark, PG West and Silvermines zinc projects, have yielded some “large surprises”, including a number of previously unknown geological features. The Canadian company said on... 

Ireland airborne survey yields ‘large surprises’, says Group Eleven

Consolidated signs zinc offtake

By: Esmarie Iannucci     13th November 2019 ASX-listed Consolidated Zinc has struck an offtake agreement over all of the zinc concentrate produced at its Plomosas mine, in Mexico, until December 2020, with the option to extend for a further two years. Consolidated Zinc Wednesday reported that its subsidiary Minera Latin American Zinc had... 

Consolidated signs zinc offtake

ICBC Standard Bank plans to shut base metals, equities units

By: , Bloomberg     8th November 2019 ICBC Standard Bank, a venture between the biggest lenders in China and Africa, will close its base metals and equities businesses because of poor performance and difficult market conditions. The changes will affect 150 jobs and will take place in the first half of 2020, according to a statement... 

Nyrstar board grilled on Trafigura ties in 10-hour marathon meeting

By: , Bloomberg     6th November 2019 Trafigura Group and Nyrstar directors met the fury of a small group of shareholders at a marathon meeting on Tuesday, in which investors accused the commodities trader of unfair dealings that led to the downfall of Europe’s biggest zinc smelter. In a meeting that dragged on for 10 hours, the... 

Trevali eyes $80m Namibia expansion, moves operations down cost curve

By: Mariaan Webb     6th November 2019 Base metals miner Trevali, which owns operations in Peru, Canada, Namibia and Burkina Faso, has launched a “transformative improvement programme”, dubbed T90, which aims to move its operations down the cost curve. Trevali is targeting $50-million in pre-tax yearly sustainable efficiencies over... 

Europa Metals formalises stakeholder engagement

By: Creamer Media Reporter      1st November 2019 Europe-focused lead, zinc and silver developer Europa Metals has completed the first round of engagement meetings with representatives of local mayors in the region of Castilla y León, north-west Spain, where the Toral project is located. The stakeholder consultation initiative, stipulated by... 

Digital platform improves zinc miner’s operations

By: Darren Parker     1st November 2019 Global engineering group Sandvik Mining and Rock Technology is commissioning a comprehensive data analytics and information management system called OptiMine for base metals miner Vedanta Zinc International’s Black Mountain Mining (BMM) operation, in the Northern Cape. The OptiMine platform will... 

Digital platform improves zinc miner’s operations
MOUNTAINS OF DATA The Black Mountain Mining operation will now be able integrate relevant operational and maintenance data into one source
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