Zinc - Copperbelt Katanga Mining

Galileo enters into agreement to sell Star Zinc to Zambia-focused company

March 3, 2021March 9, 2021 admin

Zinc, copper and rare earths explorer Galileo Resources has entered into a conditional agreement with Siege Mining regarding the ceding of ownership, operation and participation in the Star Zinc project. For its part, Galileo will cede its ownership of the project for a consideration of $750 000, while its participation will be ceded for $550 000, which includes the handing over of all exploration information which it has in relation to the project. Completion will occur once the Star Zinc project licence has been assigned to Siege. Further, Galileo will be paid… Read More Here

Cobalt Copper Mining in DRC Zinc

Glencore’s 2020 output hit by Congo mine closure, sticks to targets

February 3, 2021February 3, 2021 admin

Zinc output rose 9% to 1.17 million tonnes while ferrochrome production was 28% lower at 1 million tonnes. Glencore said on Wednesday its copper and cobalt production fell in 2020 after the Mutanda mine closure in Democratic Republic of Congo but said the ramp up of another mine in the African country was progressing well. The London-listed company, which also mines coal, nickel, silver, lead, gold and zinc, stuck to all of its production targets for 2021, after trimming coal guidance last year. The mining and trading firm said copper… Read More Here

Battery Metals Zinc

Scientists develop anode-less zinc battery to store renewable energy

January 27, 2021January 27, 2021 admin

Researchers at Stanford University and King Abdullah University of Science and Technology have developed a prototype anode-less zinc-based battery that uses naturally abundant materials at low cost. In a study published in the journal Nano Letters, scientists Yunpei Zhu, Yi Cui and Husam Alshareef say they took inspiration from previous explorations of “anode-less” lithium and sodium-metal batteries and decided to make a battery. in which a rich cathode is the only source of zinc plating on a copper current collector. Their main objective was to solve a big problem related… Read More Here

Zinc

Zinc price soars as Vedanta halts Gamsberg mine after accident

November 18, 2020November 18, 2020 admin

Zinc prices climbed on Wednesday to an 18-month high after Vedanta suspended mining at its Gamsberg zinc mine in South Africa following an accident that trapped ten workers. Vedanta Zinc International (VZI) noted the mine will stay closed until further notice while a search continues for two miners still missing after the incident. The news comes in a zinc market where mine supply is already tight due mainly to restrictions to help slow the spread of covid-19. Benchmark zinc on the London Metal Exchange (LME) was up 2% at $2,743.50 a tonne at 12:15 local… Read More Here