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1,686 Posts.
2
09/03/12
00:51
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Legume,
Here are some simple numbers for you that even you cannot despute...
Both of these mines close in early 2013. Feel to check if you like.
Perseverance Operation -115,000t
Brunswick Mine -250,000t
Kagara less zinc production = -20,000t
That is -385,000t of supply that is disappearing in less than 12 months...
That alone would take off -45% of stockpiled metal in 2013.
The zinc price will spike soon. It's just a matter of months.
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