Thursday 17 April 2014

Arabian American set for first zinc shipment

Arabian American Development Company, a specialist in manufacturing of petrochemical solvents, has announced its first sales of zinc and copper concentrate from the Al Masane Al Kobra (Amak) mine in Saudi Arabia. Amak, which i


Russia in zinc mining deal with Iran

Russia has agreed to develop an Iranian zinc deposit that is among the largest in the world in a deal involving an Iranian bank that faces international sanctions, the Russian business newspaper Kommersant reported on Tuesday. The agreemen


Northbridge unit wins key Yemen contract

RDS (Technical), a wholly-owned subsidiary of Northbridge Middle East, has won a rental contract from Jabal Salab Company (Yemen) for supply of generators and transformers to its Zinc project together with a maintenance agreement. Bas


Zinc prices set to tumble

Zinc prices are set to tumble  further once it becomes clear towards the end of the year that the metal is heading for years of excess supply, analysts said. Futures prices for the metal, used in cars and construction, peaked at $4,58

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