Osisko has been operating in the Bathurst Mining Camp for less than a year, and so far it has assembled a large, potentially profitable land package. The Mount Fronsac deposit - optioned in July 2017 - has a historical, non-43-101-compliant resource of 1.26 million tonnes at 7.65% zinc, 2.18% lead,
"2017 marked a transformational year for Trevali with the acquisition of the Perkoa and Rosh Pinah zinc mines, elevating the company to a top ten zinc producer. These new assets have contributed significantly to Trevali's production profile, leading to record quarterly and annual production, and we
"2017 marked a transformational year for Trevali with the acquisition of the Perkoa and Rosh Pinah zinc mines, elevating the company to a top-10 zinc producer," president and CEO Dr Mark Cruise said. "These new assets have contributed significantly to Trevali's production profile, leading to record
Rumble Resources Technical Director, Mr Brett Keillor said "the discovery of significant high grade zinc mineralisation such as 4m @ 9.64% Zn, 0.41% Pb near surface from 32m within a 28 metre wide zone of mineralised alteration at the Devon Cut Prospect in the first ever reconnaissance RC drilling
The re-start of a mothballed zinc mine in Australia is turning out to have a strong upside for both the mining company and its investors. New Century Resources (ASX:NCZ) announced the completion of resource definition drilling at the South Block portion of the Century Zine Mine. The mine was the third
In 2019, Glencore sees its zinc output creeping back up to 1.16 million tonnes. Overall global zinc supply is to increase next year with the addition of capacity coming online in Australia (MMG's Dugald River project) and South Africa (Vedanta's Gamsberg mine). Today's price for zinc, used mainly to
LME inventories MZNSTX-TOTAL have tumbled 58 percent over the past 12 months to 180,150 tonnes after closures and suspensions of big mines in recent years. * COPPER - LME three-month copper dipped 0.4 percent to finish at $7,109 a tonne, pressured slightly by Chinese data. * CHINA TRADE
India's Vedanta Resources, which is bringing its Gamsberg zinc mine into steady state production, and newly formed Orion Minerals, which plans to restart mining at the mothballed Prieska copper and zinc mine, are tapping into untouched resources and using modern mass-mining methods. While SA is a
The company guides for 2018 output of between 93-million and 109-million pounds of zinc equivalent metal, comprising 65-million to 73-million pounds of zinc, 24-million to 28-million pounds of lead and 900 000 oz to 1.2-million ounces of silver. Buncic points out that the rest of the new mining equipment
Osisko Metals (TSXV: OM) is expanding its zinc footprint to northern Canada in a $35 million deal to acquire Pine Point Mining (TSXV: ZINC) and its Pine Point project near Hay River in the Northwest Territories. Pine Point - once Canada's most profitable zinc-lead mine - produced nearly 64 million tonnes
JOHANNESBURG (miningweekly.com) - While budget allocations for most commodities are expected to increase this year as the recovery in the mining industry continues, zinc will outperform owing to the strong prices seen in 2017, the latest report from S&P's Global Market Intelligence's Metals & Mining
The Mitchell Township or Fly-Moth claim group covers a 9 kilometre stretch of the Confederation Lake greenstone belt and extends to within 1.5 km of the former producing South Bay zinc-copper-silver mine. The property was explored by Selco Mining Corp., Placer Dome Inc., Kerr-Addison Mines,
Zinc One Resources Inc. (TSXV:Z, FSE:RH33, OTC:ZZOF) is a mineral exploration and development company focused on acquiring, exploring and developing zinc projects in strong mining jurisdictions. Zinc One's key assets are the past-producing Bongar?? Zinc Mine and the neighboring Charlotte
Zinc has continued to steal the show in the early stages of 2018, and reached another 10-year high on Monday.
VANCOUVER, British Columbia, Jan. 10, 2018 (GLOBE NEWSWIRE) -- Pistol Bay Mining Inc. (TSX-V:PST) (FRANKFURT:OQS2) ("Pistol Bay" or the "Company') is pleased to announce that it has entered into an option agreement with an arm's length vendor to acquire a 100% interest in the Mitchell, Gerry
Symbol Mining Ltd (ASX:SL1) has resumed drilling as it aims to upgrade zinc resources of the Macy deposit within its Imperial project in Nigeria. Macy hosts an inferred and indicated resource of 122,900 tonnes at 21.9% zinc and 4.4% lead. A 1,000 metre infill drilling program is underway within the 250
At the Pine Point zinc project near Hay River in the Northwest Territories, from left: Jamie Levy, Pine Point Mining (PPM) president and CEO; Jeff Hussey, Osisko Metals president and CEO; Kerry Knoll, PPM executive chairman; Killian Charles, Osisko vice-president of corporate development; Robin Adair,
According to S&P Global Market Intelligence, zinc exploration budgets jumped last year due to the rising price, with 199 companies budgeting US$489.4 million for zinc exploration in 2017, up by 17%. "In 2018, we expect exploration allocations for most commodities to increase as the mining industry
Osisko Metals Inc. announced a friendly takeover of the Pine Point zinc mine project near Hay River, N.W.T., on Dec. 16. The all-share transaction is worth approximately $34 million. It offers existing Pine Point Mining Ltd. shareholders a premium of up to 27 per cent on existing stock value, and gives Osisko
The mining company was forced to cut output of various minerals and sell off some assets. It has cut zinc ore production by around 500,000 tons, or one-third of annual output, since 2016. China's economic recovery started giving Glencore a tailwind. Zinc is mainly used for plating steel products for