Posts Tagged ‘zinc’

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Feb. 1, 2012) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO U.S. NEWSWIRE SERVICES Brixton Metals Corporation (TSX VENTURE:BBB) (the “ Company ” or “ Brixton “) is pleased to announce that it has entered into an agreement to complete a brokered private placement financing (the “ Private Placement “), on a “best efforts” agency basis, ... Full story

Tiny Oman, the Sultanate perched on the southeast tip of the Arabian peninsula, is setting up for a quantum leap in mining, the Oman Daily Observer reports in a lengthy article published Saturday. Excerpts from the article: Oman’s 700km long and nearly 150km wide mountains contain the best exposed ophiolite suite of rocks, which are favourable for copper, gold, silver, chromite, lead and zinc. ... Full story

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Silver Standard Resources (TSE:SSO) Thursday provided an update on operations at its Pirquitas mine in Jujuy, Argentina and announced guidance for 2012. Full story

The Washington Post reports more than a dozen major retailers including Target, Saks and Gap, are voluntarily halting sales of jewelry that contain more than trace levels of cadmium. The changes stem from a Center for Environmental Health lawsuit against retailers in California in 2010 and an investigation by The Associated Press of jewelry aimed at children and teenage girls at discount chain Wal-Mart. ... Full story

In the midst of mine ramp-up, Mark Cruise, Trevali Mining president, says cash should start flowing from commercial operations in the second quarter this year. Full story

Located at over 4,000 meters above sea level in the Altiplano of the Andes Mountains, the San Cristobal Mine is the largest mine in Bolivia. The open-pit silver, lead and zinc mine’s production process requires the transportation of 150,000 tons of rock, and the processing of 40,000 tons of mineral daily Full story

There has been another accident at Hecla Mining’s Lucky Friday Mine in northern Idaho. Media reports late Wednesday night said that six people have been hospitalized and an undetermined number of miners are trapped underground after a collapse at the silver-lead-zinc mine, one of the deepest underground mines in the United States Full story

A new zinc mine in Canada’s Northwest Territories has received environmental approval. Full story

Goldman Sachs Group forecast that commodities may rally 15% in the next 12 months, sticking with an “overweight” recommendation on raw materials and predicting Brent crude may surge to highest level since 2008. Full story