Canadian Mining Journal

Zinc and Lead

  • News

    Ascendant reduces operating costs at El Mochito in new PEA

    October 29, 2018 by Canadian Mining Journal

    Ascendant Resources (TSX: ASND; US-OTC: ASDRF) has tabled a new preliminary economic assessment (PEA) for its El Mochito zinc-lead mine in Honduras that increases production while reducing operating and all-in sustaining costs. The expansion PEA increases the processing rate 27% to

  • News

    COAL-BASE METALS: Teck 3Q results up despite commodity price declines

    October 25, 2018 by Canadian Mining Journal

    VANCOUVER – The third quarter financial performance of  Teck Resources included a $1.3-billion profit attributable to shareholders. Compare that to the same profit during Q3 2017 of $548 million. However, adjusted profit attributable to shareholders declined to $466 million or

  • ZINC-LEAD: Bunker Hill defaults on payments and terminates lease at flagship project

    October 23, 2018 by Canadian Mining Journal

    Bunker Hill Mining (CSE: BNKR; US-OTC: BHLL) terminated its lease and option agreement to acquire the Bunker Hill zinc-lead-silver mine in Idaho after missing US$400,000 in property payments that were due at the end of September and on Oct. 1, 2018.

  • News

    ZINC-LEAD: Osisko drills 6.4% and 12.5% Zn+Pb at Pine Point

    October 22, 2018 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Montreal-based Osisko Metals has even more high grade assay results from the Pint Point zinc-lead mining camp. Drilling took place at the historic M-40 deposit at the west end of the East Mill  zone. Hole M40-17-PP-021 returned

  • News

    COPPER-ZINC: Kutcho drills 42.2 metres of 3.3% CuEq at project of same name

    October 18, 2018 by Canadian Mining Journal

    BRITISH COLUMBIA – Kutcho Copper Corp. of Vancouver has additional drill results from the Main deposit at the Kutcho high grade copper-zinc project. The project, located 100 km east of Dease Lake, was purchased from Capstone Mining in December 2017

  • Raymond James adjusts forecasts as uranium outperforms zinc, copper in Q3

    October 11, 2018 by Canadian Mining Journal

    Analysts at Raymond James are lowering their forecasts for zinc and copper prices. For the fourth quarter, the analysts have changed their zinc price forecast to US$1.20 per lb. from US$1.40 per lb., and for 2019 they have trimmed their

  • News

    ZINC-LEAD: NorZinc gets good news for all-season road to Prairie Creek

    October 10, 2018 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Vancouver-based NorZinc has received a positive recommendation for its proposed all-season road to the Prairie Creek zinc-lead mine 200 km west of Fort Simpson. The project has the backing of the Mackenzie Valley Review Board, subject to

  • News

    COPPER-ZINC: Noront updates McFaulds No.8 VMS find

    October 3, 2018 by Canadian Mining Journal

    ONTARIO – Noront Resources of Toronto has updated the summer exploration program at its 85%-owned McFaulds Lake volcanogenic massive sulphide property in the Ring of Fire. (KWG Resources owns 15%.) The six-hole, 3,033-metre drilling program focused on copper-zinc targets. Drilling

  • News

    NAME: Canadian Zinc reborn as NorZinc

    September 11, 2018 by Canadian Mining Journal

    VANCOUVER – NorZinc Ltd. has changed its name from Canadian Zinc Corp. and will trade on the TSX under the new symbol NZC. The new name is part of a rebranding initiative that will draw attention to the company’s core

  • MERGER: Nevsun agrees to $1.8B takeover by Zijin Mining

    September 5, 2018 by Canadian Mining Journal

    VANCOUVER – Vancouver-based Nevsun Resources has agreed to a friendly takeover by Zijin Mining Group of Fujian, China. Zijin is offering an all-cash deal of C$6.00 per share for all the issued and outstanding shares of Nevsun, making the deal

  • News

    ZINC: Osisko raises $10M for flow-through spending

    August 21, 2018 by Canadian Mining Journal

    QUEBEC – Osisko Metals of Montreal has arranged a $10-million private placement with a syndicate of underwriters led by Canaccord Genuity. Osisko will issue 10.9 million flow-through shares at a price of $0.92 per share. The corporation has agreed to

  • News

    SILVER: Alexco drills 12 metres at 1,019 g/t true width

    August 9, 2018 by Canadian Mining Journal

    YUKON – The initial results from the 2018 drilling program at the Bermingham silver deposit in the Keno Hill silver district are in. Owner Alexco Resource Corp. of Vancouver said results from 14 of the 26 surface and underground holes