North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

Soaring zinc prices?

Shrinking supplies seems to overcome gravity of slowing base metals demand


Last updated 2/6/2018 at 7:27pm

Caught between an updraft caused by dwindling supply and the gravity of slowing growth in global demand, zinc prices seem to have reached a cruising altitude above US$1 per pound.

Recent closures of two large zinc mines - Century in Australia and Lisheen in Ireland - wiped out more than 600,000 metric tons of the world's annual supply of the galvanizing metal.

Analysts expected these looming su...

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