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Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn
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To: Andrew who wrote (506)9/12/2003 2:46:41 PM
From: Stephen O  Read Replies (2) of 3270
 
Andrew re BWR There has been dilution both by an equity issue and a rights issue since 1997. The 1997 peak at $9.50 came from price of zinc hitting $1700 a tonne, it's currently about$820. Low metal prices have severly impacted BWR but an outcome of that is that they have got their operating costs very low, so when the turnaround comes they will be very profitable.
Teck B on TSX largest zinc miner in world, forget Noranda,
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