Column: Zinc’s high premium to sister metal lead may not last
Lead and zinc may be geological sister metals but their market fortunes have been very different in recent months.
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Xstrata Zinc Canada has agreed to purchase the remaining 23.6% interest in the Pallas Green property in Ireland belonging to its current joint venture partner in the project, Minco, for $19.4 million. Under the agreement, which is subject to Minco shareholder approval, Xstrata Zinc will become the sole owner of the project at Cahernconlish, Limerick in the Republic of Ireland. (more…)
