Selwyn shedding stake in zinc, lead project

Mar 05, 2013 | 02:44 PM | Suzy Waite

Tags  Selwyn Resources, Chihong Canada Mining, Yunnan Chihong Zinc & Germanium, zinc, lead, Harlan Meade, Suzy Waite

NEW YORK — Selwyn Resources Ltd. has agreed to sell the remaining 50-percent stake of its joint-venture zinc and lead project in Canada’s Yukon.

Selwyn will sell its stake to joint-venture partner Chihong Canada Mining Ltd., a subsidiary of Chinese zinc and lead producer Yunnan Chihong Zinc & Germanium Co. Ltd., for $50 million in cash.....





Latest Pricing Trends

Poll

What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


View previous results

AMM Events