Boliden plans to cut output and jobs at Tara zinc mine

Swedish miner Boliden’s plans to shrink operations and reduce targeted output at its Tara zinc mine in Ireland when it restarts this year, a source close to the matter told Reuters.

Nyrstar to suspend operations at two US zinc mines

Mining News Pro - Nyrstar said it plans to temporarily close two zinc mines in the US state of Tennessee at the end of November due to weak prices and the impact of inflation, a third shutdown of zinc operations by producers in recent months.

Glencore-backed zinc miner is getting crushed in the debt market

Mining News Pro - A Peruvian zinc miner has seen its bonds tumble to an all-time low as investors grow increasingly concerned about its ability to refinance maturing debt and Swiss commodities giant Glencore Plc looks to sell its controlling stake.

Receiver named for assets of Trevali’s Caribou zinc mine in New Brunswick

Mining News Pro - Last summer, Trevali Mining applied for relief under the Companies’ Creditors Arrangement Act (CCAA) and was granted the initial order in August. The next month it delisted its shares from the Toronto Stock Exchange. And this week, a receiver was appointed for the company’s assets at its Caribou lead-zinc-silver mine in New Brunswick.

Lundin weighs sale of $1 billion copper-zinc mine in Portugal

Mining News Pro - Lundin Mining Corp. is weighing the sale of a copper and zinc mine in Portugal that could be valued at about 1 billion euros ($1 billion), people familiar with the matter said.

Glencore’s zinc mine expansion met by Indigenous backlash

Mining News Pro - Glencore Plc’s plans to expand one of the world’s largest zinc and lead mines has been thrown into doubt after an Australian government judged it failed to adequately consult with Aboriginal custodians over the protection of a sacred site.

Ivanhoe Mines, Gecamines sign deal to develop Kipushi zinc mine

Mining News Pro - Ivanhoe Mines has signed an agreement with the Democratic Republic of Congo’s state mining company Gecamines to bring the Kipushi zinc mine back into commercial production, the Canada-listed miner said on Monday.

Europe’s top zinc mine halted due to water flows

Mining News Pro - Swedish miner Boliden (STO: BOL) said on Wednesday it had halted production at its Tara mine in Ireland, Europe’s largest zinc mine, due to increased water flows into the operation.

Copper boom has a top zinc miner scouring for red-metal assets

Mining News Pro - Brazilian conglomerate Votorantim is on the prowl for copper assets as demand for the metal used in wiring is set to take off in the clean energy transition.

Phoenix takes option on Newfoundland copper/zinc mine

Mining News Pro - Phoenix Gold has entered into an option agreement to acquire a past producing copper and zinc mine in Newfoundland.

Trevali to restart New Brunswick zinc mine

Mining News Pro - Having been on care and maintenance since March 2020, TSX-listed base metals miner Trevali Mining has announced the planned restart of operations at its Caribou mine near Bathurst, New Brunswick.

Vedanta reopens Gamsberg zinc mine in South Africa

Mining News Pro - Vedanta Zinc International said that mining has started again at its Gamsberg mine in South Africa following a closure in November when the pit wall collapsed, trapping miners underground.

Vedanta continues search for worker trapped underground at South Africa zinc mine

Mining News Pro - Vedanta`s zinc unit said on Thursday it was still searching for an employee who was trapped underground following a rockfall last week at its Gamsberg zinc mine in South Africa.

Mitsui Mining resumes operation of Peru`s zinc mines

Mining News Pro - Japan`s Mitsui Mining and Smelting said on Monday its two zinc mines in Peru resumed operations on July 2 after a closure of more than three months to limit the spread of the novel coronavirus.

Belgium expands probe into zinc miner Nyrstar

Mining News Pro - Belgium’s Financial Services and Markets Authority (FSMA) has broadened a probe kicked off in September into zinc firm Nyrstar NV that examines possible ties between the company and Trafigura, the world’s no.2 metals trader.

Mexican miner Peñoles to suspend zinc mine due to tough conditions

Mining News Pro - Mexican miner Industrias Peñoles said that it will suspend operations of a zinc mine in central Mexico indefinitely due to difficult mining conditions and low metal prices.

Zinc miners expected to restart operations on strong prices

Mining News Pro - Strong zinc prices are increasingly prompting miners to bring idled capacity back on line and invest in new projects.

Trevali halts Canadian zinc mine amid covid-19 outbreak

Mining News Pro - Trevali Mining (TSX:TV) has temporarily stopped production at its Caribou zinc-lead-silver mine in Canada’s New Brunswick province as challenges presented by the spread of covid-19 have added to woes posed by weak conditions in the zinc market.

New Century on track for zinc mine expansion

Mining News Pro - New Century Resources has achieved a mining rate of 8.9 million tonnes a year at the Century zinc operation in Queensland.

Pacific Energy to power up Jaguar copper-zinc mine

Mining News Pro - Pacific Energy’s wholly-owned KPS subsidiary has secured a new contract to supply electricity to Round Oak Minerals’ Jaguar copper-zinc mine, in Western Australia.

New Century continues ramp up at Century zinc mine

Mining News Pro - New Century Resources has reiterated the potential for an expansion project at the Century zinc mine in Queensland after achieving a strong March quarter.

Galileo hits high zinc mineralisation in Phase 2 drilling programme

Mining News Pro - Aim-listed Galileo Resources has completed its Phase 2 diamond drilling programme and reported positive assay results so far for the first eight holes analysed, at its 80.75%-owned Star Zinc project, in Zambia.

Sulphur Springs feasibility study confirms long-life, high-margin Australian copper-zinc mine with outstanding economics

Mining News Pro - Venturex Resources’ Board has endorsed the DFS for the base case, 1.25 Mt/y development of the 100%-owned Sulphur Springs copper-zinc project in the Pilbara region of Western Australia based on new Ore Reserves, with key life-of-mine outcomes including project revenue of A$2,625 million, free cashflow (pre-tax real) of A$818 million, pre-production processing plant and infrastructure capital of A$146 million, pre-tax NPV8% of A$472 million, IRR (pre-tax) 51% and average annual pre-tax cashflow of ~A$80 million.

Century zinc mine on track, secures $40m for expansion

Mining News Pro - New Century Resources has entered into a $40 million debt facility with NAB for expansion funding of its Century zinc mine, 250km northwest of Mt Isa, Queensland.

Restart of Century zinc mine ‘imminent’

Mining News Pro- New Century Resources is on the verge of restarting the Century zinc mine in Queensland after making strong progress in July.

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