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

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center