Nyrstar Zinc Offtake


• Zinc is transported to Hobart, Lead to Port Pirie, Copper on the open market and Gold Doré to Perth Mint. Binding term sheet for new 5. 5-year offtake agreement covering 600,000 dry metric tonnes (dmt) of zinc concentrate results in Nyrstar suspending arbitration proceedings. In connection with the Transaction, Morumbi has engaged. July 15-28, 2016 Australia vs Canada COMMODITIES WORLD OPINION Nyrstar Nv €8. 2013 Second Interim Management Statement Nyrstar entered into a strategic offtake and marketing agreement for some of its and Nyrstar expects the zinc price to continue to trade in this. Talvivaara zinc concentrate · Marketing strategy: ­ Nearest Zn smelters are all potential customers: low freight cost from mine to smelter is a mutual benefit ­ Contractual discussions are ongoing with Boliden Kokkola, Nyrstar, Xstrata in Germany and Spain, and Chelyabinsk Kazakhstan ­ Aim is to have 2-3 long term customers and to leave. The world's second largest zinc smelting group, Nyrstar, is Ironbark's. "The board did the best possible negotiation to achieve an arm's length result," he said. • MMG have exported some quantities of zinc concentrate in the past when Nyrstar offtake fell below production. The mine was owned by Nyrstar after it acquired Breakwater Resources in August 2011. Sirius signs another offtake. 5 cents per CBH share and $1000 per CBHGA convertible note. 5 years, rising to 350,000 dmt for the final two years of the offtake agreement. Trafigura Group Ltd. Nyrstar has transitioned the zinc metal volumes that were previously to be provided to Noble until the end of 2016 into the zinc metal offtake agreement that exists with Trafigura with market based terms and a prepayment mechanism. shipped zinc concentrates produced at its Century Mine in northern Queensland to the company’s Budel smelter in the Netherlands, where cobalt was recovered as filter cake. New Century will supply Nyrstar with 600,000 dry metric tonnes of zinc concentrate from the tailings of its mine in Australia. Leverage to the zinc price remains We have seen credible forecasts for zinc to peak near US$1. NYRSTAR TO ACQUIRE 19. Sep 08, 2019 · Commodities trader Trafigura Group Ltd. Silver is produced in concentrate from our mining operations. To really understand the importance of Citronen to global zinc buyers, look no further than Ironbark's share register. 6 million to buy a major stake in Subiaco-based Ironbark Gold, and has agreed to a life-of mine offtake deal for the latter's Citronen lead-zinc project. The company listed on the ASX in August 2006 as Ironbark Gold and in March 2007 acquired the Citronen Project. After market close on 9 April 2010 the Company received a new proposal from Nyrstar NV ("Nyrstar"), which could lead to a takeover offer for the Company being made at 19. The term sheet for offtake includes a variable tonnage allocation to Nyrstar of 250,000 dmt of zinc concentrate for the first 3. Trafigura Accused of Throttling Nyrstar With Lopsided Zinc Deals If this is your first visit, be sure to check out the FAQ by clicking the link above. On July 4, contracts were also signed with Nyrstar Belgium. This brought Trafigura the Condestable copper mine and the Aguas Tenidas mine, which produces copper, as well as zinc. Ending the agreement with Nyrstar would free up 350,000 tonnes of zinc metal to consumers, the person said. com/financials…. February 22, 2019 (Investorideas. Nyrstar –the leading metals company specializing in zinc – Trafigura became the largest shareholder with 24. has completed its acquisition of all of the outstanding shares of American Pacific Honduras SA de CV (AMPAC) from affiliates of Nyrstar NV and assumed ownership and control of the producing El Mochito zinc, silver and lead mine in Honduras. Nyrstar and New Century Resources announce binding term sheet for long term zinc concentrate offtake. In the June call with investors, Nyrstar CEO Rode said decisions about the zinc offtake agreement were made independently. A global multi-metals business, with a market leading position in zinc and lead, has entered into an offtake agreement with one of the former largest zinc mines in the world. Offtake Deals. Trader Glencore has offered to end an exclusive zinc sales and marketing deal with world No. BOOM zinc stock New Century Resources has unveiled long-term offtake agreements with commodity traders for production from its planned development, while at the same time revealing it is in dispute with mining and smelting group Nyrstar regarding an offtake agreement signed in 2007. Morumbi Resources Inc. Since 2009, Nyrstar has acquired Nyrstar is a leading global multi-metals business, producing significant quantities of zinc and lead as well as other products, such as silver, copper and gold. and a zinc mine sale Global Wrap 28 APRIL. Picking up the pieces of the “fallen” like Nyrstar has been a profitable activity for some. A worker who died at a Hobart zinc refinery on Wednesday was in an area of the plant potentially susceptible to sulphur dioxide, unions say. Nyrstar signed the five-year offtake agreement in November 2008 as it looked to reduce costs and focus on added-value alloy sales, giving Glencore responsibility for marketing the entirety of its commodity-grade lead and zinc output. • Rosebery Zn and Pb is sold on FOB basis at the Burnie Port. Indian exports of copper, aluminum and zinc receive assistance premiums from the Government of India, which have been reduced since 2002. 16, 2019 - Osisko Gold Royalties Ltd. Terms of the offtake remain confidential but are highly attractive to both parties. Nyrstar declined to comment on how much zinc Glencore would secure for offtake and from where. 5-year offtake deal for 600,000 dry metric tonnes (dmt) of zinc concentrate from Aussie New Century Resources’ reviving Century Zinc Mine in Queensland, Australia. 9% stake in Ironbark via A$6. Currently, Glencore is the largest supplier of zinc metal in the EEA on the basis of an exclusive off-take agreement with Nyrstar, an off-take relation for some of Xstrata's EEA output, production from Glencore's own smelter in Italy and imports. The term sheet for offtake includes a variable tonnage allocation to Nyrstar of 250,000 dmt of zinc concentrate for the first 3. Having produced approximately 1. Commodities trader Trafigura Group Ltd. Notable activity in the primary market included a well-subscribed new issue from. Telson Resources is a Vancouver-based company founded in 1996. Zinc is the best performing base metal in 2016 with a 39% rise in price this year on the back of major mine closures. We also want to hear from you, our neighbours. • Zinc is transported to Hobart, Lead to Port Pirie, Copper on the open market and Gold Doré to Perth Mint. Sep 08, 2019 · Commodities trader Trafigura Group Ltd. See the complete profile on LinkedIn and discover Rendy's connections and jobs at similar companies. 14 * Subject to shareholder approval. Our royalties in Zinc International business are 3. Analysts estimated Glencore and Xstrata together would control about 50 percent of the European zinc metal market, but giving up the Nyrstar offtake will reduce their market share by almost 18. Advanced search for Research Channel Africa. 7 February 2018 — New Century Resources Limited (Company or New Century) (ASX:NCZ) is pleased to announce the execution of the first long term offtake agreements for zinc concentrate produced. 5-year offtake agreement with Nyrstar, covering 600,000t of zinc concentrate produced from the Century zinc mine in Queensland. Indium is a rare, soft, silvery, metallic element that Nyrstar produces at the Auby indium recovery plant. • MMG have exported some quantities of zinc concentrate in the past when Nyrstar offtake fell below production. 69/ lb, AISC of $0. Nyrstar USD 700 million zinc offtake attracts more than ten bidders Reuters reported that more than ten firms have approached Nyrstar hoping to secure the exclusive rights to a portion of the world's largest zinc producer's output worth an estimated USD 700 million a year. 6M PLACEMENT Key Points: • Ironbark signs agreement with Nyrstar, the world’s largest zinc metal producer and one of the world’s largest primary lead smelting and refining companies,. "The board did the best possible negotiation to achieve an arm's length result," he said. the lowest price reached was in. 22 February 2018. “On 20 July 2017, Nyrstar and Glencore International AG entered into a new five-year contract for the sale of some of Nyrstar’s commodity grade zinc. Ironbark Zinc Limited is a leading ASX listed resources company focused on delivering shareholder value through the development of its major base metal Citronen mining operation in Greenland. Nyrstar also has a right of first refusal, on the same commercial terms and conditions offered by an arm's length third party to enter into an offtake agreement for the purchase of zinc concentrates. august, when the price fell to around uSD. Nyrstar: 2017. Mineralization at El Mochito occurs mainly as steeply dipping pipes or chimneys, flat lying mantos and as selective replacements within shaley horizons. 5 year offtake agreement covering 600,000 dmt of zinc concentrate produced from the Century Zinc Mine in Australia. Probable Reserves of. Nyrstar NV ("Nyrstar") (EBR:NYR) and New Century Resources Limited ("New Century") (ASX:NCZ) are pleased to announce the execution of a binding term sheet for a new 5. But Nyrstar's leading production position, enhanced by a newly-forged marketing presence following the demise of the offtake agreement with Glencore, means it is uniquely placed to back up its bullish take on the zinc price outlook. Zinc and lead producer Nyrstar is hoping to continue its zinc offtake deal with troubled Finnish miner Talvivaara despite the latter s recent announcement that it is launching restructuring proceedings, the Belgium-based company said Wednesday. We negotiate offtake agreements with oil producers, refiners, mining companies and smelters. First, Nyrstar, the world’s largest producer of zinc, is ending its agreement to supply Noble Group one year early. As part of the completed sale, Nyrstar and Morumbi have also entered into an off-take agreement pursuant to which Morumbi will sell to Nyrstar 100% of the zinc and lead concentrate production from El Mochito for the coming ten year period at benchmark terms. 69/ lb, AISC of $0. New Century and Nyrstar agree binding offtake term sheet. 0M in equity + warrants – $10M for 1% NSR royalty Taylor project – World-class zinc-lead-silver deposit – $2B NPV – 101 Mt at 10. However, the application of Outotec’s high temperature top submerged lance (TSL) bath smelting technology will allow a wider range of raw materials to be processed. Nyrstar, the world’s second largest zinc smelter, has filed an arbitration request to the operator of Century Zinc mine to enforce “long-standing Life of Mine agreements” for the offtake of. Importantly, IBG has a supportive shareholder base with Nyrstar and Glencore holding 19% and 9% respectively. Nyrstar declined to comment on how much zinc Glencore would secure for offtake and from where. EU regulators want Glencore concessions on Xstrata deal: report. and a zinc mine sale Global Wrap 28 APRIL. 6% of world zinc output, came from the Red Dog mine. Citronen boasts a massive exploration target of 302-347Mt at 4. There is a life of mine offtake agreement with JP Morgan Metals and Concentrates LLC for zinc concentrate and a five year off-take agreement with Nyrstar Port Pirie Pty Ltd for lead concentrate. Nyrstar operates a handful of mines in North America as well five zinc and lead smelters in Europe, the US and Australia. the price of zinc has followed the same. Leverage to the zinc price remains We have seen credible forecasts for zinc to peak near US$1. In the other corner is Trafigura, which took a $72 million writedown on its equity stake in Nyrstar when announcing 2018 results last December. 167 respectively. NYRSTAR TO ACQUIRE 19. Trafigura added supply and offtake agreements during the period with Nyrstar NV, a zinc smelting company in which it's the largest shareholder. Nyrstar: 2017. SheddDomestic survey data and tables were prepared by Ram C. In a joint statement, the companies reported that the terms of the deal include an allocation to Nyrstar of 250,000 dmt of zinc concentrate for the first 3. The specific offtake terms remain confidential. 82/lb based on cost savings program Stable metal recovery rates with long track record of operation 2017 exploration program initiated with 33,200 m of planned. Nyrstar "is an integrated mining and metals company with established positions in zinc and lead and growing positions in other base and precious metals. Base & Precious Metals News. 6% ownership •Support of the company’s balance sheet restructuring by subscribing to the rights offering. A global multi-metals business, with a market leading position in zinc and lead, has entered into an offtake agreement with one of the former largest zinc mines in the world. We advised a Swiss offtaker on the first project financing and offtake agreement for the Kouilou Potash Project, a proposed US$412 million development. Mais si l’on recycle le zinc, on extraira moins de zinc. 3% copper) and a large 3-D Induced Polarisation anomaly. Nyrstar continues to monitor government policy responses to climate change and work with regulators to minimise potential inequitable impacts of carbon emissions trading on the zinc industry. The El Mochito mine, located in north-western Honduras, 10-year offtake agreement for Zinc. CBH said the revised offer was priced at 19. (formerly named CVRD Inco Ltd. A worker who died at a Hobart zinc refinery on Wednesday was in an area of the plant potentially susceptible to sulphur dioxide, unions say. See the complete profile on LinkedIn and discover Rendy’s connections and jobs at similar companies. Worker dies at Nyrstar's Hobart Zinc Smelter SteelGuru 17d Constantine Intersects 4. 7 February 2018 — New Century Resources Limited (Company or New Century) (ASX:NCZ) is pleased to announce the execution of the first long term offtake agreements for zinc concentrate produced. This deals another a blow to the embattled commodities trader. 23 April - New Century signs more zinc offtake, final agreements now sought MiningNews. Belgium's Nyrstar plans to suspend arbitration proceedings against Australia's New Century Resources after the parties agreed to a binding term sheet for five-and-a-half years of zinc. After market close on 9 April 2010 the Company received a new proposal from Nyrstar NV ("Nyrstar"), which could lead to a takeover offer for the Company being made at 19. The closing of the Agreement is subject to TSX Venture Exchange ("TSXV") approval. The zinc processor will purchase all of the power via a direct line between the solar park and its technical facilities. • Rosebery Zn and Pb is sold on FOB basis at the Burnie Port. 5 years, rising to 350 000 dmt for the final two years of the offtake agreement. Nyrstar key for Trafigura zinc and lead book In the other corner is Trafigura, which took a $72 million writedown on its equity stake in Nyrstar when announcing 2018 results last December, but Nyrstar plays an important role in the trader's metals book as a major offtake partner buying in concentrates and providing zinc and lead for Trafigura to market around the world. Under the agreement, New Century will supply Nyrstar with 600,000 dry. 2 metals trader has made prepayments to Nyrstar as part of its offtake agreements and has provided the company with a $250. New Century Resources has secured a 5. But vertically integrated positions still remain in commodities such as aluminium (Rio Tinto), copper (Anglo American’s Chagres copper smelter) and zinc (Glencore, Nyrstar). The company also locked in its first offtake deals in February, committing to supply about 750,000t of zinc concentrate to Mercuria Energy Trading and Transamine Trading SA. Central Asia Metals reports that it has consolidated its debt into a single facility with its offtake partner, Traxys. Trafigura added supply and offtake agreements during the period with Nyrstar NV, a zinc smelting company in which it's the largest shareholder. annually under the offtake agreement, and were therefore Glencore pour vendre du zinc nyrstar. 5 cents per CBH share and $1000 per CBHGA convertible note. Signing of agreements to offtake refined metals and supply concentrates (2016). Nyrstar: 2017. Nyrstar and New Century Resources executed a binding term sheet for a new 5. Zinc was the best relative performer of the base metals pack traded on the London Metal Exchange (LME) last year. However, given the positive zinc price there will likely be alternative proposals for the Company to consider. New Century Resources Will Supply Zinc Concentrate to Nyrstar. Terms of the offtake remain confidential but are highly attractive to both parties. New Century Resources has secured a 5. NYRSTAR TO ACQUIRE 19. The latter company sold-off further on news they may have to temporarily shut its flagship smelting facility or risk breaching air-based lead pollution limits. The Company's sale of approximately 5,000 tonnes of zinc concentrate has left the Port of Cortes, Honduras, having met all required specifications in accordance with the 10-year offtake agreement between Ascendant and Nyrstar NV (“Nyrstar”). New Century said the offtake agreements had been competitively negotiated, with terms reflecting the strong zinc market fundamentals and current scarcity in supply of large tonnage zinc. Trafigura's Bold Bet on Zinc-Maker Nyrstar Is Getting Uglier The No. • In 2018, Nyrstar faced extremely challenging market conditions, with zinc prices significantly below the prior year levels and smelting margins at historically low levels driven by a multi-year decline in treatment charges • Nyrstar found itself in a particularly vulnerable position, as the inherent delays between market metal price movements. In connection with the offtake tender process, late on the 06 February 2018 New Century received a request for arbitration concerning a claim by Nyrstar Sales & Marketing AG (Nyrstar) regarding. on February 23,2017. 7 million with a new zinc metal prepay for USD 125 million. It is worth noting that at closing of the mine and mill in November 2015, the last month’s production was at a high of 12,595,640 lbs of zinc (10,706,294 lbs payable). 3Mt of zinc and 29. CBH said the revised offer was priced at 19. Nyrstar Zinc Smelter, 2005 & 2007 During 2005 and 2007 the Nyrstar Hobart Smelter conducted statutory maintenance on their fluid bed roasters (Nos. The concentrate from MTM's facilities in Gordonsville will be processed at. 2 metals trader has made prepayments to Nyrstar as part of its offtake agreements and has provided the company with a $250. The Company's sale of approximately 5,000 tonnes of zinc concentrate has left the Port of Cortes, Honduras, having met all required specifications in accordance with the 10-year offtake agreement between Ascendant and Nyrstar NV (“Nyrstar”). Trafigura Group Ltd. This represents approximately 15% and 35% respectively of the scheduled production. Nyrstar takes stake in Ironbark for $7m | Business News. As part of the completed sale, Nyrstar and Morumbi have also entered into an off-take agreement pursuant to which Morumbi will sell to Nyrstar 100% of the zinc and lead concentrate production from El Mochito for the coming ten year period at benchmark terms. New Century Resources has executed a 5. has completed its acquisition of all of the outstanding shares of American Pacific Honduras SA de CV (AMPAC) from affiliates of Nyrstar NV and assumed ownership and control of the producing El Mochito zinc, silver and lead mine in Honduras. IBG has signed offtake arrangements to supply 35% of its concentrate to Nyrstar and 35% to Glencore respectively. Due to the age of both roasters, concerns existed about the stability of the refractory brick lined walls and domed roofs of the vessels, particularly in their cold condition. The agreement includes a variable tonnage allocation of 250 000 dmt of zinc concentrate for the first 3. 52% Copper and 4. Nyrstar NV ("Nyrstar" or the "Company") announces that it has refinanced the 3 year zinc metal prepay that was originally entered into in December 2015 with a remaining balance of USD 61. Rendy has 6 jobs listed on their profile. The latter company sold-off further on news they may have to temporarily shut its flagship smelting facility or risk breaching air-based lead pollution limits. Nyrstar agreed to suspend the arbitration proceedings against New Century that were commenced earlier in February 2018 relating to the validity of historical Century Zinc Mine offtake agreements between the parties dating back to 2007. The new agreement is for US$125m, leaving a net cash benefit for Nyrstar from this new prepayment agreement of around US$63m. The net cash benefit for Nyrstar from the new zinc. (formerly named CVRD Inco Ltd. • Nyrstar to acquire up to 19. Trader Glencore has offered to end an exclusive zinc sales and marketing deal with world No. used its influence at Nyrstar NV, one of the world’s biggest zinc refiners, to undermine the company and unfairly enrich itself, a group of Nyrstar. Nyrstar, Europe's biggest zinc smelting company, is on an inevitable path toward a debt restructuring, said ABN's Philip Ngotho, whose bearish calls have proven profitable this year. Côte D’Ivoire. Termination of European marketing agreement for commodity grade zinc metal with Noble As previously communicated, in April 2016, Nyrstar terminated the offtake and marketing agreement with Noble to market and sell 200,000 tonnes per annum of commodity grade zinc metal produced at its European smelters. 3Mt of zinc and 29. In the other corner is Trafigura, which took a $72 million writedown on its equity stake in Nyrstar when announcing 2018 results last December. Zinc of Ireland hits zinc between McGregor, Shamrock Base metals Nyrstar raises US$118. We negotiate offtake agreements with oil producers, refiners, mining companies and smelters. 5-year offtake deal for 600,000 dry metric tonnes (dmt) of zinc concentrate from Aussie New Century Resources’ reviving Century Zinc Mine in Queensland, Australia. Nyrstar and Glencore have already signed offtake agreements to take around one third of total concentrate production and are sitting on Ironbark's register with 19% and 9% respectively. Traders said reduced offtake from battery makers led to the fall in lead prices. 90% copper, (with minor zinc, gold and silver), associated with previously reported high grade copper in bulldozer trenches (19m grading 4. Zinc One’s key assets are the past producing Bongará Mine Project and Charlotte Bongará Project in Peru. MRI, majority-owned by Singaporean logistics company CWT Ltd , is not the only company to have expressed interest in the offtake for 350,000 tonnes a year of Nyrstar's European zinc. Candidates to take over the offtake include rival traders Trafigura. This approach is unique. Talvivaara zinc concentrate · Marketing strategy: ­ Nearest Zn smelters are all potential customers: low freight cost from mine to smelter is a mutual benefit ­ Contractual discussions are ongoing with Boliden Kokkola, Nyrstar, Xstrata in Germany and Spain, and Chelyabinsk Kazakhstan ­ Aim is to have 2-3 long term customers and to leave. January 2012, it stood at about uSD 2,000. Nyrstar shall also have a right of first refusal, on the same commercial terms and conditions offered by an arm's length third party to enter into an offtake agreement (the " Offtake Agreement ") for the purchase of zinc concentrates. Trafigura Accused of Throttling Nyrstar With Lopsided Zinc Deals If this is your first visit, be sure to check out the FAQ by clicking the link above. Ironbark Zinc is in full swing in Greenland as the West Perth based wanna-be zinc producer steps up to the plate with plans to ship essential equipment and fuel to its Citronen Project within months. CBH said the revised offer was priced at 19. 5Mt of zinc concentrate over this period in the December 2017 quarter. 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. "Nyrstar was not in a strong position at the end of 2015," said Rode, who plans to leave the company at the end of this month. Nyrstar has extended its commodity-grade lead and zinc offtake agreement with Glencore through to 2018, the Switzerland-based companies announced on Monday Nyrstar signed the five-year offtake agreement in November 2008 as it looked to reduce costs and focus on added-value alloy sales, giving Glencore responsibility for marketing the entirety of its commodity-grade lead and zinc output. 22 March - More cash for Karumba dredge works The North West Star. Nyrstar is an integrated mining and metals business with market leading positions in zinc and lead, and growing positions in other base and precious metals; Nyrstar has mining, smelting, and other operations located in Europe, Australia, and North America. SAP offtake project. 26 March - New Century awards training contract to Waanyi Group The North West Star. Indian exports of copper, aluminum and zinc receive assistance premiums from the Government of India, which have been reduced since 2002. On July 4, contracts were also signed with Nyrstar Belgium. 5 year offtake agreement covering 600,000 dmt of zinc concentrate produced from the Century. Probable Reserves of. Nyrstar NV ("Nyrstar" or the "Company") announces that it has refinanced the 3 year zinc metal prepay that was originally entered into in December 2015 with a remaining balance of USD 61. Telson reports final sale results from its industrial scale bulk sample generating cash receipts of USD $1,470,449 producing 201 tonnes of lead and 259 tonnes of zinc concentrates. 5-year offtake agreement with Nyrstar, covering 600,000t of zinc concentrate produced from the Century zinc mine in Queensland. A combination between Trafigura and Nyrstar would make lots of sense. would mean that 30% of the production is available for new offtake partners. • MMG have exported some quantities of zinc concentrate in the past when Nyrstar offtake fell below production. V) is very pleased to announce it has entered into a Loan Facility and Offtake. The Offtake Agreements are for 100% production of zinc and lead concentrates with a minimum fixed tonnage, starting delivery in October 2017 and ongoing until December 2021 Telson Resources Inc. Analysts estimated Glencore and Xstrata together would control about 50 percent of the European zinc metal market but giving up the Nyrstar offtake will reduce their market share by almost 18%. Trafigura is the majority owner of the operating business of Nyrstar, a global multi-metals business with a market leading position in zinc and lead, and growing positions in other base and precious metals. 4 per cent higher than consensus long-term price, and that if the consensus pricing was used it. 22 February 2018. EU regulators clear way for Glencore Xstrata tie-up. The term sheet for offtake includes a variable tonnage allocation to Nyrstar of 250,000 dmt of zinc concentrate for the first 3. GlobeNewswire 2/26/2018 Nyrstar and New Century Resources announce binding term sheet for long term zinc concentrate offtake GlobeNewswire 2/22/2018 Nyrstar: 2017 Full Year Results GlobeNewswire 2/12/2018 Nyrstar: Publication of a transparency notification. 5 year offtake agreement covering 600,000 dmt of zinc concentrate produced from the Century Zinc Mine in Australia. Europe's antitrust regulator has outlined more modest than expected conditions for trader Glencore International Plc to press ahead with its $33 billion takeover of Xstrata Plc. 享专业文档下载特权; 赠共享文档下载特权; 100w优质文档免费下载; 赠百度阅读VIP精品版; 立即开通. Globex has a - Gross Metal Royalty on all zinc production when the zinc prices surpass US$0. (das Unternehmen oder Osisko) (OR: TSX und NYSE) berichtet die Ergebnisse des vierten Quartals und des gesamten Jahres 2017 und gibt eine Prognose für 2018. Belgium's Nyrstar plans to suspend arbitration proceedings against Australia's New Century Resources after the parties agreed to a binding term sheet for five-and-a-half years of zinc. New Century launched a tender for 1. Because of the long durability of many zinc products, today only those zinc tonnages can be recycled that have been put into use decades ago. Minerals to Market assists mining companies negotiate the best possible offtake terms for their concentrates and direct shipping ores with smelters worldwide. L’indium deviendra beaucoup plus cher. metals including lead, zinc oxide, gold, silver, and copper. and the companies in which it directly or indirectly owns investments are separate and distinct entities. The zinc-lead-silver mineralization at El Mochito is an example of a high-temperature carbonate replacement deposit ("HT-CRD"). The largest zinc smelter in Europe has sealed an offtake agreement with the operator of Century Zinc Mine for up to 600,000 tonnes of zinc concentrates over five and a half years, Nyrstar said on Monday February 26. Tasmania's big five companies, Bell Bay Aluminium, Nyrstar zinc works, Norske Skog paper mill, Temco manganese alloy plant and the Savage River mine use 60 per cent of Tasmania's electricity. 9% stake in Ironbark via A$6. He predicted that the shares will be practically worthless, a major hit for Trafigura Group Ltd. The fluctuations of the Zinc market make for a rough ride for those companies that choose that path to fame and fortune. Nyrstar commits to. 65% Zinc in 335 Meter Step-out on RW Zone at Palmer Project, Alaska. Angas Zinc Mine 100% Terramin owned and operated A 400,000 tpa operation producing zinc and lead-copper-silver-gold concentrates. Nyrstar, Europe’s biggest zinc smelting company, is on an. NYRSTAR TO ACQUIRE 19. The primary zinc recovery turns out to be among the key industries to enable sustainable progress on the EU’s path towards a circular economy for three reasons: 1. Commodities trader Trafigura Group Ltd. We create a more coherent supply chain for our customers using geographical and quality arbitrages. Sep 08, 2019 · Commodities trader Trafigura Group Ltd. While official negotiations over the offtake have not yet started, commodity traders Trafigura, CWT's MRI and Louis Dreyfus said they are interested in bidding for the deal, which includes 350,000tpa of Nyrstar's European zinc production - equal to 3% of world refined output. Nyrstar has mining and smelting operations located in Europe, North America and Australia. 69/ lb, AISC of $0. Nyrstar and New Century Resources executed a binding term sheet for a new 5. 5-year offtake agreement covering 600,000 dry metric tonnes (dmt) of zinc concentrate results in Nyrstar suspending arbitration proceedings. The lead circuit tailings will feed to the zinc circuit conditioning tank and then to the zinc flotation circuit, which also incorporates a re-grind mill between the rougher and cleaner stages that will produce a product with a P 80 of 20 µm. * New Century Resources added that Belgium-based Nyrstar, a global multi-metals business, had filed an arbitration request regarding offtake rights for the Century Zinc Mine (Reporting By Julia. Long-term agreement with Santos for supply of around 9 petajoules (PJ) of gas over 4 years (contract value in the order of AU$100 million). ADVANCING TRADE Trafigura Beheer B. PERIOD ENDED 31 MARCH 2015 ADVANCING TRADE 2. Concord Resources on breaking into the metals market. V) is very pleased to announce it has entered into a Loan Facility and Offtake. 5 year offtake agreement covering 600,000 dmt of zinc concentrate produced from the Century Zinc Mine in Australia. Trader Glencore has offered to end an exclusive zinc sales and marketing deal with world No. CBH said the revised offer was priced at 19. Advanced search for Research Channel Africa. On July 4, contracts were also signed with Nyrstar Belgium. The company also locked in its first offtake deals in February, committing to supply about 750,000t of zinc concentrate to Mercuria Energy Trading and Transamine Trading SA. 4,814,553 lbs are payable. The production portfolio of Nyrstar is now all North American. trends as nickel, although smaller fluctuations. Nyrstar declined to comment on how much zinc Glencore would secure for offtake and from where. 90 per pound. You may have to register before you can post: click the register link above to proceed. In the June call with investors, Nyrstar CEO Rode said decisions about the zinc offtake agreement were made independently. Under the agreement, New Century will supply Nyrstar with 600,000 dry. Refer to Figure 1 and Table 1 for additional details. Nyrstar "is an integrated mining and metals company with established positions in zinc and lead and growing positions in other base and precious metals. is a global multi-metals business, with a market leading position in zinc and lead and growing positions in other base and precious metals, such as copper, gold and silver. Concord Resources on breaking into the metals market. 69/ lb, AISC of $0. We negotiate offtake agreements with oil producers, refiners, mining companies and smelters. Instead, Naidoo says, Vedanta has decided to invest $200m in the Pit 112 expansion to add another three years to the life of mine. To understand why you need only listen to the conference call accompanying the Q4 2013 results of Nyrstar (Other OTC: NYRSY - news) , the largest refined producer of the galvanising metal. Zinc of Ireland hits zinc between McGregor, Shamrock Base metals Nyrstar raises US$118. Nyrstar produces zinc in concentrate from its mining operations and a variety of refined market zinc products including special high grade zinc (SHG), zinc galvanising alloys, and zinc die-casting alloys as an outcome of its zinc smelting process. And S&P has downgraded fellow trader’s Glencore’s debt to one notch above junk. The concentrate from MTM's facilities in Gordonsville will be processed at. In connection with the Transaction, Morumbi has engaged. Mineralization at El Mochito occurs mainly as steeply dipping pipes or chimneys, flat lying mantos and as selective replacements within shaley horizons. Long-term agreement with Santos for supply of around 9 petajoules (PJ) of gas over 4 years (contract value in the order of AU$100 million). Nyrstar grew too fast and too aggressively and as the zinc price didn't cooperate either, Nyrstar was heading for a disaster. Commitments in place for around 65% of offtake during the first 2 years of production, with further agreements past year 5 of production. Nyrstar agreed to suspend the arbitration proceedings against New Century that were commenced earlier in February 2018 relating to the validity of historical Century Zinc Mine offtake agreements between the parties dating back to 2007. • Zinc is transported to Hobart, Lead to Port Pirie, Copper on the open market and Gold Doré to Perth Mint. The trader is permitted to nominate directors to Nyrstar's board as long as they do not constitute a majority. Under the agreement, New Century will supply Nyrstar with 600,000 dry. In addition, Nyrstar and Laguna agreed to enter into an offtake agreement under which Laguna will sell to Nyrstar 100% of the zinc concentrate production from El Toqui for the initial four year period following the transaction and 85% of the zinc concentrate production from El Toqui after the four-year period is complete. Telson Resources Inc. Mining News Pro - Lithium miner Altura Mining has signed an offtake agreement with battery materials producer GFL International for the supply of a minimum of 70 000 t/y of lithium from the recently commissioned Pilgangoora operation, in Western Australia. Citronen boasts a massive exploration target of 302-347Mt at 4. Globex has a - Gross Metal Royalty on all zinc production when the zinc prices surpass US$0. Trafigura added supply and offtake agreements during the period with Nyrstar NV, a zinc smelting company in which it's the largest shareholder. With prices still faring much better than previous years, some wonder if zinc will continue to climb or at least hold steady. In the other corner is Trafigura, which took a $72 million writedown on its equity stake in Nyrstar when announcing 2018 results last December, but Nyrstar plays an important role in the trader’s metals book as a major offtake partner buying in concentrates and providing zinc and lead for Trafigura to market around the world. The net cash benefit for Nyrstar from the new zinc. info and our sister-portal in Germany z inkaktien. 90% copper, (with minor zinc, gold and silver), associated with previously reported high grade copper in bulldozer trenches (19m grading 4. (das Unternehmen oder Osisko) (OR: TSX und NYSE) berichtet die Ergebnisse des vierten Quartals und des gesamten Jahres 2017 und gibt eine Prognose für 2018. 6% of world zinc output, came from the Red Dog mine. Anthony Simms is a qualified lawyer and economist, with more than 15 years experience in the resources industry working in different environments such as the Australian. Belgium’s Nyrstar plans to suspend arbitration proceedings against Australia’s New Century Resources after the parties agreed to a binding term sheet for five-and-a-half years of zinc. Citronen boasts a massive exploration target of 302-347Mt at 4. 2013 Second Interim Management Statement Nyrstar entered into a strategic offtake and marketing agreement for some of its and Nyrstar expects the zinc price to continue to trade in this. 5 per cent and 34. Probable Reserves of 1. 5-year offtake agreement covering 600,000 dry metric tons (dmt) of zinc concentrate produced from the Century zinc mine in Australia. 2 metals trader has made prepayments to Nyrstar as part of its offtake agreements and has provided the company with a $250. 5 years, rising to 350,000dmt for the final 2-years, about 15% and 35% respectively of production scheduled for 1st production in Q3 2018. Ironbark Zinc Limited is an Australian Securities Exchange listed (ASX: IBG) mineral resources company focused on the development of the Citronen mine Zinc Project in Greenland. Khatri, statistical assistant, and the world production tables were prepared by Linder Roberts and Glenn J. Still, Nyrstar plays an important role in the trader's metals book as a major offtake partner buying in concentrates and providing zinc and lead for. 7 million with a new zinc metal prepay for USD 125 million. View Rendy Soenarso’s profile on LinkedIn, the world's largest professional community. Base & Precious Metals News. has completed its acquisition of all of the outstanding shares of American Pacific Honduras SA de CV (AMPAC) from affiliates of Nyrstar NV and assumed ownership and control of the producing El Mochito zinc, silver and lead mine in Honduras. info is to support and promote the zinc mining industry by creating a "one-stop marketplace", where investors could follow the latest sector news and learn about the companies involved in the sector. Terms of the offtake remain confidential but are highly attractive to both parties. Instead, Naidoo says, Vedanta has decided to invest $200m in the Pit 112 expansion to add another three years to the life of mine. Nyrstar has transitioned the zinc metal volumes that were previously to be provided to Noble until the end of 2016 into the zinc metal offtake agreement that exists with Trafigura with market based terms and a prepayment mechanism. NYRSTAR TO ACQUIRE 19. Trafigura is the market leader in copper, zinc, lead and nickel concentrates trading as well as alumina and cobalt hydroxide.