Shine Minerals Blog
Zinc Prices on the Back Foot as Economic Headwinds Persist
The global base metals market is underperforming in the face uncertainty in the global economy. In particular, factory activity in China is weak and Germany factory orders just added to the growing fear of an impending recession. Zinc prices down A slowing...
Favorable Outlook for Global Zinc Market on the Back of an Imminent Truce in US-China Trade War
Zinc is a valuable base metal which is critical in infrastructure projects. Any disturbance in the global trade destabilizes the demand and supply of the metal. In the last three months, Zinc prices have been falling consistently, mainly due to the...
Shine Minerals Corp (CVE: SMR) Focused on Watts Lake Project As Global Zinc production Increases
Zinc production is showing signs of edging high after years of cuts around the world. Data by analytics firm GlobalData suggest that production could increase by as much as 3.8% between 2019 and 2022. Amidst the expected growth inventory, levels are still...