Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

6 Pages (Click to Jump) V  < 1 2 3 4 5 > »    
 
  
Reply to this topic

Zinc, Discussion
blacksheep
post Posted: Jan 25 2018, 02:08 PM
  Quote Post


Posts: 6,104
Thanks: 2189


Zinc price will vault $4,000 within months – report
Frik Els | about 8 hours ago
http://www.mining.com/zinc-price-will-vaul...-months-report/



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jan 8 2018, 11:49 AM
  Quote Post


Posts: 6,104
Thanks: 2189


Zinc prices hit highest in over a decade on supply concerns
Reuters | 32 minutes ago
QUOTE
LONDON, Jan 5 (Reuters) – Zinc hit its highest in more than a decade on Friday as concerns over market tightness persisted, while copper hit a two-week low as Chinese investor interest was muted with the Lunar New Year holidays looming.

Zinc stocks held in London Metal Exchange warehouses MZN-STOCKS fell 250 tonnes to their lowest since late 2008, data showed on Friday, down about a third from their October peak.

The global zinc market deficit widened to 36,900 tonnes in October from a revised deficit of 35,900 tonnes in September, the latest industry data show.

“We’ve always seen Q1 2018 as the peak of the zinc rally and were looking previously for $3,400/t. Zinc has got very strong momentum, it’s entirely possible it could pierce that level on a three- to six-month basis,” said Macquarie analyst Vivienne Lloyd.

But she added: “Zinc supply is slowly coming back and the greater length of time zinc displays a large price disparity to aluminium the more likely we’ll see substitution.”

http://www.mining.com/web/zinc-prices-hit-...upply-concerns/?



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jan 4 2018, 10:44 AM
  Quote Post


Posts: 6,104
Thanks: 2189


extract - Goldman has more good news for copper, zinc price
Frik Els | 38 minutes ago

QUOTE
The rally for zinc has been even more spectacular with the metal, mainly used to galvanize steel, ending 2017 at a decade high of $3,330 a tonne. Zinc has more than doubled in value after a slump that ended around the same time copper hit bottom two years ago.

Reuters quotes investment bank Goldman Sachs as saying zinc demand looks rosy for the first half of the year while the New York-based firm prefers copper over aluminum over the longer term:

"Concern about a sharp slowdown in metals demand as the country adopts a new 'quality over quantity' growth model may be overblown," it said, adding that metal producers outside China are set to gain.

"Ongoing supply-side reforms and environmental cuts in China translate into higher commodity prices and less Chinese production, both of which benefit ex-China producers."

http://www.mining.com/goldman-good-news-copper-zinc-price/



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Dec 13 2017, 09:15 AM
  Quote Post


Posts: 6,104
Thanks: 2189


Zinc price dodges bullet
Frik Els | about an hour ago

QUOTE
After an initial dip zinc prices rose on Tuesday after top producer of the metal Glencore held its output forecast steady for next year.

On the LME, zinc was exchanging hands for $3,170 a tonne on Tuesday up more than 1% from the previous close, bringing gains for 2017 to 23%.

The metal has more than doubled since hitting multi-year lows in January 2016 which prompted Swiss-based Glencore to curtail production to shore up prices.

Glencore told investors Tuesday it would restart its Lady Loretta mine in the first half of 2018, but added that it expects zinc output to fall slightly to about 1.09 million tonnes from 1.1 million tonnes this year.

In 2019, Glencore sees its zinc output creeping up to 1.16 million tonnes.

"Based on their guidance numbers it does remain fairly constructive for zinc. The market was expecting more of an immediate supply increase," said ING commodities strategist Warren Patterson.

However, he added that ING expects overall global zinc supply 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).

http://www.mining.com/zinc-price-dodges-bullet/



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Nov 18 2017, 09:12 PM
  Quote Post


Posts: 6,104
Thanks: 2189


In Reply To: blacksheep's post @ Nov 10 2017, 02:01 PM

Zinc market focus turns to new supply, but don't forget Quebec: Andy Home
Reuters Staff
QUOTE
LONDON, Nov 15 (Reuters) - The Dugald River zinc mine in the Australian state of Queensland made its maiden shipment of concentrates earlier this month.

Once ramped up to full speed, the mine will produce around 170,000 tonnes per year of contained metal.

It is the most tangible sign yet of the coming wave of new zinc supply, timed to capitalise on decade-high prices and a structural shortfall of raw materials.

All over the world, it seems, geologists are revisiting old mine plans in a collective new zinc rush.

read more - https://www.reuters.com/article/zinc-tightn...e-idUSL8N1NL4Q7



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Nov 10 2017, 02:01 PM
  Quote Post


Posts: 6,104
Thanks: 2189


MMG’s Dugald River zinc mine is officially open near Cloncurry

QUOTE
The first ore heading to the port of Townsville may be a few weeks away yet but an official opening of MMG's Dugald River zinc mine on Wednesday was hailed as a significant event.

QUOTE
At full production Dugald River will be one of the top 10 zinc mines in the world.


QUOTE
Located 65km north-west of Cloncurry, Dugald River will process an average 1.7 million tonnes per annum of ore to initially produce 170,000 tonnes of zinc in concentrate, plus by-products
.
http://www.northqueenslandregister.com.au/...ncurry/?cs=4735

Note - MMG were the owners of the Century Zinc Mine which they closed to concentrate on Dugald - MMG has since sold Century to NCZ (New Century Zinc)



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 


blacksheep
post Posted: Oct 26 2017, 02:57 PM
  Quote Post


Posts: 6,104
Thanks: 2189


Zinc prices rise to 10-year high after more than 500 jobs cut in northern Australia
QUOTE
Mining company Glencore's bold strategy to take about a third of its zinc off the market in 2015 has largely been credited for the mineral hitting a 10-year high.


QUOTE
No plans for Glencore to increase production
Glencore's chief operating officer for Australian zinc assets Greg Ashe told the ABC in August that the market was still too volatile for the company to start increasing its production.

"As little as 18 months ago we saw zinc at a five-year low and today it's at a 10-year high," Mr Ashe said.

"We would like to see a little bit more certainty in where the price is going before we bring those metal units back into production."

Mr Ashe said with the company sitting on some high-grade zinc assets it did not want to risk another drop in price.

"The thing with Lady Loretta, the next 12 months of production that comes out of there will be the highest grade, highest margin material that happens, so we need to make sure we get it right," he said.

http://www.abc.net.au/news/rural/2017-10-2...obs-cut/9085990



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: early birds  
 
blacksheep
post Posted: Oct 20 2017, 10:11 AM
  Quote Post


Posts: 6,104
Thanks: 2189


In Reply To: early birds's post @ Oct 17 2017, 08:28 AM

Thanks EB smile.gif

extract from this article - Zinc's bull narrative blurred by fog of LME spreads war
Reuters | about 4 hours ago |

QUOTE
Blurring the picture
These big shifts of metal around the LME warehouse system have, however, blurred the previous bull market narrative.

Zinc's extraordinary price gains this year were accompanied by a reassuringly constant downtrend in LME stocks.

LME inventory is only one part of the global stocks puzzle, but it is one that resonates loudest with investors and even with automated trading systems.

There are good reasons for caution on zinc's prospects after its near 30 percent price surge this year.

Will such price volatility cause demand destruction, particularly in the zinc alloy diecasting sector?

Will miners over react in bringing on new supply to cash in on bonanza prices?

And when will Glencore bring back its mothballed production?

All good questions but none to which LME zinc stocks can provide the answer.

What they do signal, however, is that whoever was long on LME zinc is probably a lot longer now.

(Reporting by Andy Home; Editing by David Goodman).

http://www.mining.com/web/zincs-bull-narra...me-spreads-war/



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: early birds  
 
early birds
post Posted: Oct 17 2017, 08:28 AM
  Quote Post


Posts: 12,401
Thanks: 1352


In Reply To: blacksheep's post @ Oct 16 2017, 10:34 AM

always appreciate someone like you take your time to feed us with all the infos
i guess most of us here like your input to this board
you have plenty readers here!! tongue.gif




Said 'Thanks' for this post: blacksheep  
 
blacksheep
post Posted: Oct 16 2017, 10:34 AM
  Quote Post


Posts: 6,104
Thanks: 2189


In Reply To: jacsar's post @ Oct 16 2017, 01:35 AM

You're welcome, jacsar. Good to know someone finds it of benefit - sometimes it feels I'm talking to myself here smile.gif



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 


6 Pages (Click to Jump) V  < 1 2 3 4 5 > » 

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING