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To: Goose94 who wrote (9422)	10/28/2014 8:09:59 AM
From: Goose94	Respond to of 202371

MMG CEO Andrew Michelmore is very bullish on zinc, in part resulting from the impending closure of his company’s Century mine. At the tail end of a very interesting East meets West seminar put together by Bloomberg in London during LME Week, Andrew Michelmore, the CEO of MMG (the Australian-based subsidiary of China’s Minmetals), talked about his company and in particular about the massive Las Bambas copper property it is building in the Peruvian Andes. But perhaps his most interesting comments came in a Q&A session at the end with his remarks on the global zinc market. Michelmore is bullish on copper, but VERY bullish on zinc, and he is in a good position to understand the market as MMG is the operator of the massive Century zinc mine in Australia which is due to cease production next year. Century will produces some 400 000 tonnes of zinc this year, around 7% of global mined supply and is reckoned to be the world’s second largest zinc mine after Hindustan Zinc’s Rampura Agucha in Rajasthan, India. Century is due to run out of open pittable ore by the end of the current year, but can probably continue processing material until Q3 2015. Beyond that production will cease said Michelmore in an answer to a direct question on the Century closure schedule. And according to Michelmore – and virtually all the zinc analysts – there is no new mine coming on line that can replace this ore. There are some much smaller operations due to start-up, but the pipeline is being further slowed by the lack of availability of funding in the current financial markets. Meanwhile zinc demand is continuing to grow. Michelmore reckons that about 80% of the western world’s automobile sector uses zinc galvanising for rust protection and, although European car production is relatively flat, US motor output is rising again. And China presents a vast market as there only 20% of cars have zinc galvanisation, but resulting vehicle corrosion problems means that this proportion is rising fast through demand for cars that don’t fall apart after a few years. China is the world’s largest consumer of zinc, as it is for most metals minerals, and although its economy may have turned down it is still growing at 7%. While the government is no longer pushing growth at the rate it was, it is expected that the future growth rate (the new normal), unless government policy changes again, will likely be in the 5-7% range. Yes, it’s not the double digit growth rates seen in the past, but is still growth, and on a scale which is very large in relation to any other country given China’s massive industrial output levels. And Chinese mined zinc production has been falling, and imports rising to compensate for the production shortfall and the growth in demand. Indeed production in a number of countries has been declining including, in particular, Canada which has seen Xstrata close the big Perseverance and Brunswick mines, and now there is the forthcoming closure of Century in Australia, all very significant zinc producers. Zinc has had a reputation of being the ‘jam tomorrow’ metal in never quite reaching any bullish projections in price. Indeed many analysts have been sceptical about the bullish forecasts of some of their peers. Often quoted as being a dampener on price rises has been the high levels of zinc stocks, but it is notable that the stock position in LME warehouses, after peaking in late 2012 at an exceedingly high level of well over 1.2 million tonnes has been on the decline ever since and has now nearly halved having been run down to below 720,000 tonnes – and still falling. Michelmore’s enthusiasm for the metal may thus well be justified.

To: Goose94 who wrote (9422)	3/6/2015 7:33:37 PM
From: Goose94	Respond to of 202371

IZN-V look like JK add his thoughts to zinc supply deficit 2016

To: Goose94 who wrote (9422)

6/22/2016 9:06:46 AM

From: Goose94

Read Replies (2) | Respond to of 202371

InZinc Mining (IZN-V) June 22, '16 is pleased to announce the appointment of Mr. John Murphy to the Board of Directors of the Company effective June 21, 2016.

Mr. Murphy has over 25 years of investment banking experience in the mining sector. He recently retired as Managing Director of Investment Banking and Co-Head Mining and Metals at Raymond James Ltd. after 21 years with the firm. Prior to joining Raymond James, Mr. Murphy worked for more than six years at Swiss Bank Corporation (now UBS) in its corporate lending, restructuring and risk advisory activities. Mr. Murphy is currently a Director of Anfield Gold Corp and was a Director of Claude Resources prior to its recent acquisition by Silver Standard Resources. He has a degree in economics from the University of British Columbia and is a Chartered Financial Analyst.

“I am delighted to have Mr. Murphy join the Board of InZinc Mining,” stated Kerry Curtis, Chairman and Interim CEO of InZinc. “John brings a wealth of knowledge in corporate finance transactions and M&A activities. His reputation, broad skill set and extensive capital markets experience in the mining industry will serve the Company well as we focus on growth opportunities and building shareholder value.”

Issuance of Stock Options

InZinc announces the grant of stock options to purchase a total of 500,000 common shares of the Company for a period of five (5) years at an exercise price of $0.11 per share effective June 21, 2016. These stock options will vest as to 50% immediately and 50% on June 21, 2017.

About InZinc Mining Ltd.

InZinc owns a 100% interest in the West Desert zinc-copper-iron project located in western Utah. West Desert hosts a large and potentially expandable resource and benefits from all-weather road access, on-site grid power and proximity to natural gas transmission. It is located 90 kilometres (55 miles) from multiple transcontinental rail networks accessing all major North American markets and servicing a variety of western US ports. For more information please visit our website at www.inzincmining.com.

InZinc Mining Ltd.

"Kerry Curtis?
_____________________________
Kerry Curtis	For further information contact:
Chairman and	Joyce Musial, Corporate Communications
Interim Chief Executive Officer	Phone: (604) 317-2728
Phone: (604) 687-7211	Email: joyce@inzincmining.com
Website: www.inzincmining.com