Zinc futures traded below $3,400 a tonne, sitting more than 10% below their 14-year high of $3,795 reached in mid-October in line with other metals such as Aluminum as concerns over supply squeeze eased following a decline in Chinese coal prices. The zinc market saw a 26% rally to a 14-year high of $3,795 in the first half of October, following the announcement of production cuts by top ...
The study outlines a 2,700 t/d open-pit operation, producing zinc and lead concentrates over a 14-year mine life. The proposed operation would produce an average of 35 million lb. of zinc and 15 million lb. of lead over five years at all-in sustaining costs of US$0.6 per lb. of zinc with a pre-production capital outlay of $30.8 million.
Zinc Statistics and Information. Zinc is the 23 rd most abundant element in the earth's crust. Sphalerite, zinc sulfide, is and has been the principal ore mineral in the world. Zinc is necessary to modern living, and, in tonnage produced, stands fourth among all metals in world production - being exceeded only by iron, aluminum, and copper.
same time, unit production costs declined 17% from $77/t milled to $64/t milled. As a result, the G-9 mine is now one of the lowest cost zinc mines in the world on a total cash cost1 basis at $0.05/lb of paid zinc. Operationally, our focus is improving the mine output while, corporately, we continue to …
owned by Global Atomic. A large deposit with global resources in excess of 250 Mlbs U 3 O 8 opened up by the Phase 1 Mine. Open along strike, with significant exploration potential in the tenement area. Phase 1 Mine plan to produce 44 Mlbs U 3 O 8 at cash costs of US$16.72/lb and AISC of US$18.39/lb. Republic of Niger and MOU with Orano.
1 Life-of-mine ("LOM"). 2 Production refers to contained metal in concentrate. 3 G&A costs related to shared services incurred in Flin Flon and allocated between 777, Reed and Lalor mines are not included in unit costs. 4 Cash cost and sustaining cash cost are reported on per pound of zinc contained in concentrate and are net of by-product credits, which are calculated using the following ...
• 89% LOM zinc recovery producing 56% zinc concentrate • 88.5% LOM lead recovery producing 70% lead concentrate ... 1.10/lb for zinc; $0.95-1.00/lb for lead, • PEA study by international engineering specialists: ... milling and infrastructure costs incurred to produce concentrate. 2 Total Off-Site includes TC/RCs, transportation, ...
Equivalently, zinc smelting companies pay back to zinc mines the price of zinc settlement set in the LME after deducting treatment costs. The average international prices of copper Grade A in the LME were 6244 EUR/t in 2012 and 5520 EUR/t in 2013, while for zinc settlement were 1439 and 1528 EUR/t for 2012 and 2013 respectively ( Inees, 2015 ).
The PEA presents a low capex, low operating cost, high margin underground mining operation with attractive environmental attributes. PEA Highlights. Highlights of the PEA, assuming base case metal price of $1.22 per pound zinc, $2.82 per pound copper, $16.3 per ounce silver, $1296 per ounce gold and $220 per metric tonne barite, include:
The Kipushi Project's pre-feasibility study (PFS), announced by Ivanhoe Mines on December 13, 2017, anticipated annual production of an average of 381,000 tonnes of zinc concentrate over an 11-year, initial mine life at a total cash cost of …
Zinc Business. Stable Operating Costs at Red Dog • Low total cash costs, at US$0.45/lb in 2016 • C1 cash costs down US$0.09/lb in 2016 vs. 2015 ‒Operating cost reductions ‒Treatment charges lower ‒Higher lead price • Royalty costs are up as a function of higher zinc prices ‒NANA royalty to 35% in October 2017. $0.00. $0.20. $0.40 ...
estimated EBITDA, production and site cost guidance, capital expenditure guidance, Fort Hills capital costs, Teck's remaining obligations regarding Fort Hills, Fort ... Zinc 935 kt . US$0.01/lb : ... Zinc in concentrate production. 4 . 660 kt . 635-665 kt . Refined zinc production . 277 kt . 280–290 kt . 9 . 1. Including inventory ...
The Company reported quarterly production of 74.8 million pounds of zinc at an all-in sustaining cost 1 of $0.99 per pound. ... for zinc concentrate has ... 115 million pounds of payable zinc ...
In 2014, 25.0kt of cathode was also produced via the SX-EW process. The mine also produced 6125t of molybdenum in concentrate in 2014. C1 cash costs have been reduced to US$1.42/lb in 2014 from US$1.48/lb in 2013 and US$2.08/lb in 2012 returning costs to the second quartile in the industry.
52 pct zinc and 79.2 g/mt silver, and a copper concentrate containing 22 pct copper. Transportation of concentrates was assumed to be by truck and barge to smelters in British Columbia, Canada. Cut and Fill Mine Costs were developed for an underground cut and fill mine for each of the following mining rates: 1,000, 2,000, 4,000, 6,000, and ...
1 Metal reported in concentrate is prior to deductions associated with smelter contract terms. 2 Precious metals production includes gold and silver production on a gold-equivalent basis. For 2019, silver is converted to gold at a ratio of 70:1. For 2020, silver is converted to gold at a ratio of 89:1. 3 Includes refined zinc metal sold. 4 Cash cost, sustaining cash cost and all-in sustaining ...
Zinc concentrate production value FY 2012-2020 Volume of zinc waste and scrap imported by the UK 2011-2018 Export value of zinc and zinc alloy from China 2009-2016
In 2021, of zinc concentrate production is sold at the benchmark TC, with the 2021 TC reduction expected to contribute to a US$0.15/lb of payable zinc cost reduction. 1 This is expected to have a positive impact on operating costs as treatment charges in 2020 represented 33% of total operating costs (before by-product credits) and was the ...
The cut-off grade calculation was based on the following assumptions: zinc price of US$1.0/lb, mining cost of US$50/tonne, processing cost of US$10/tonne, G&A and holding cost of US$10/tonne, transport of 55% zinc concentrate at US$210/tonne, …
The plant will produce approximately 35,000t of zinc concentrate and 16,000t of lead concentrate annually, containing approximately 19,000t of zinc and 10,000t of lead respectively. The annual production of lead concentrate will contain approximately 145,000 ounces of silver.
Smelter officials said Chinese zinc miners had been reducing the sale of zinc concentrate in the domestic market in the past few weeks due to low refined zinc prices, increasing demand for imports. They said the cost of production stayed at 13,000-15,000 yuan per tonne of zinc metal to zinc miners in China, depending on ore grades, while spot ...
With a total initial capital cost of $555.7 million, the after-tax net present value estimate for the project, at an 8% discount rate, stands at $500 million with a 29.6% internal rate of return based on estimated life-of-mine zinc and lead prices of US$1.15 per lb. and US95¢ per lb., respectively. "On a zinc-only basis, Pine Point could ...
After-tax NPV 8% of $299 million using base case metal prices of $1.20 /lb zinc, ... by-product costs of $0.60 /lb Zn (C1 co-product costs of $0.73 /lb ZnEq i …
205 tonnes zinc concentrate & 85 tonnes lead concentrate available for sale. Realised zinc price of $1.35/lb for the quarter, $1.29/lb YTD. C1 cash cost of payable zinc sold $1.38/lb for quarter, $1.22/lb YTD. C1 cash cost for zinc produced $1.38/lb for the quarter, $1.25/lb YTD.
Cash costs to mine gate: US$0.54 per pound. Average annual LOM production rate of 234,000 dry tonnes of zinc concentrate and 55,800 dry tonnes of lead concentrate. This would rank Lik South as one of the largest producers of zinc concentrate globally. Initial capital expenditure of US$352mm. Average LOM sustaining capital of US$3mm per year
The study anticipates annual production of an average of 381,000 tonnes of zinc concentrate over an 11-year initial mine life at a total cash cost of approximately US$0.48 per pound of zinc. The PFS focuses on the initial mining of Kipushi's Big Zinc Zone, which has an estimated 10.2 million tonnes of Measured and Indicated Mineral Resources ...
The cut-off grade calculation was based on the following assumptions: zinc price of $1.02 /lb, mining cost of $50 /tonne, processing cost of $10 /tonne, G&A and holding cost of $10 /tonne, transport of 55% Zn concentrate at $375 /tonne, 90% zinc recovery and 85% payable zinc.
concentrate production targets of 8,000 tpa of copper and 28,000 tpa of zinc; The zinc C1 cost was US$0.24/lb (paid metal) against the average LME price during the quarter of US$0.67 ensuring Jaguar remained in the lowest quartile of the zinc cost ...
A Cyclical Recovery in Zinc & Nickel Is Underway. Base metals in July was led by zinc which rose to US$1.05 per pound today from US$0.96 per pound a …
The production rate and production cost indicates Lik South will be one of the largest and lowest cost producers of zinc concentrate globally. ...
