We love zinc

According to the prospectus for its $10bn initial public offering in May 2011, Glencore supplied 60 per cent of the international third-party market in zinc metal and 50 per cent of the international third-party zinc concentrates market.  This was before Glencore’s takeover of Xstrata was completed in May 2013.  To meet antitrust approval for the … Read more

What has the gold price got to do with the zinc price?

Zinc now accounts for only 30 percent of revenue from “Zinc” mines, that is zinc mines in the broadest sense, as polymetallic deposits become proportionally a more important source of zinc and contributor to zinc production.  In some of many of these precious metal dominant polymetallic mines zinc is often not much more than a by-product and will be produced … Read more