SAN FRANCISCO, Nov. 17, 2017 (GLOBE NEWSWIRE) -- With the price of zinc rising, investors are taking a second look at producers and explorers.
Company included in article: Trevali Mining Corp. (TSX:TV), Blue Moon Zinc Corp. (TSX.V:MOON)
Trevali Mining Corp. (TSX:TV) has catapulted itself to top-10 zinc producer status by acquiring two mines from Glencore: an 80% interest in the Rosh Pinah mine in Namibia, and a 90% interest in the Perkoa mine in Burkina Faso. The acquisition closed on August 31.
Trevali's CEO, Dr. Mark Cruise, at the time of the closing, said, "These assets complement our successful Santander and Caribou mines and provide significant upside to shareholders in this strengthening macro-zinc environment through scale of production as well as an attractive package of exploration ground. All of the deposits remain open for expansion and active resource expansion programs are in progress."
Blue Moon Zinc Corp. (TSX.V:MOON) also is looking to fill the zinc supply gap with the exploration of the Blue Moon zinc mine in California. The mine saw production during World War II, and in the 1980s and 1990s had advanced stage exploration conducted. A Sept. 14 article in Streetwise Reports focused on the historical data for the project.
Continue reading this article: Zinc's Rise Shines a Light on Pure-Play Producers and Explorers
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DISCLOSURE:
The following companies mentioned in this article are sponsors of Streetwise Reports: Trevali Mining Corp. and MAG Silver does not accept stock in exchange for its services.
The full disclosure is provided at the end of the published article: Zinc's Rise Shines a Light on Pure-Play Producers and Explorers