Zinc price jumps to 4-year high
Zinc climbed to its highest level since June 2022 on the London Metal Exchange (LME) as warehouse stockpiles drained to multi-year lows and mine supply cuts tightened the physical market….
Nexa Resources
Boliden’s $1.3B Nexa buy adds S-American zinc, silver
Sweden’s Boliden (STO: BOL) has agreed to buy Brazilian conglomerate Votorantim’s controlling stake in Nexa Resources (NYSE: NEXA) for $1.3 billion (C$1.8 billion) in shares, giving the European miner a…
Nexa Resources in talks to sell Peru copper project
Latin America-focused Nexa Resources (NYSE: NEXA), which operates the largest underground zinc mine in Peru, Cerro Lindo, is in talks to sell its Pukaqaqa copper project in the Andean country. The miner said in a note to the…
NYSE gains July 24-28 as economic growth, declining inflation offset interest rate hike
U.S. markets rose moderately during the week after investors considered an interest rate increase by the Federal Reserve to be near its last in the cycle while inflation fell and…
Nexa Resources resumes operations at Cerro Lindo zinc mine in Peru
Nexa Resources (NYSE: NEXA) has resumed operations at its Cerro Lindo zinc-copper mine in Peru after being suspended for almost two weeks due to unusually heavy rains that flooded several lower…
Nexa Resources halts Peru zinc mine amid blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has suspended production at its Atacocha San Gerardo open pit zinc mine in Peru after a road blockade was erected on Dec. 27 by a local Machcan community….
U.S. markets continue to slide during Dec. 12 – 16 trading week
The Dow Jones Industrial Average fell 556 points, or 1.7%, to 32,920.46, and the S&P 500 lost 82 points or 2.1%, over the week to 3,852.4. The top value gainer…
Foran’s ambitious net zero plans for McIlvenna Bay attract investors
Vancouver-based Foran Mining’s (TSXV: FOM) executive chairman and CEO Dan Myerson doesn’t want to build just one mine. He has designs on creating Canada’s next copper mining camp in the…
US markets in the dumps during Sept. 19-23 trading week
The Dow Jones Industrial Average fell an astonishing 1,232.01 points or 4% to 29,590.41 during the Sept. 19-23 trading week, while the S&P 500 fell 180.1 points or 4.7% to…
Nexa Resources halts Peruvian zinc mine due to blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has halted its Atacocha San Gerardo open pit zinc mine in Peru due to a road blockade by a local community. The zinc producer, controlled by…
US markets rise over July 25-28 trading week
Over the July 25-28 trading period, the Dow Jones Industrial Average gained 855.09 points, or 2.7%, to 32,845.13, and the S&P 500 jumped 151.79 points or 3.8% to 4,118.63. Although…
US markets fall during Apr. 4-8 trading week
The Dow Jones Industrial Average fell 200.76 points or 0.57% to 34,721.12 and the S&P 500 fell 94.36 points or 2.1% over the week to 4,488.28. Shares of Gatos…