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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: koan who wrote (23688)	10/27/2006 2:52:49 PM
From: John McCarthy	Read Replies (1) of 78416

Zinc touched a new record high of $4 170 in early trade and was indicated at $4 145/4 155 versus $4 100. The price of zinc has more than doubled since the start of 2006, while stocks have fallen by over 80 percent since their peak in mid-2005. Zinc inventories in LME warehouses were at their lowest in more than a decade at 110 800 tonnes, down by 3 100, against average daily world consumption of around 29 000 tonnes. "The other metals look strong and could move higher... but copper is a bit of a dragging anchor at the moment," analyst William Adams at BaseMetals.com said. miningweekly.co.za

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