Acadian Mining Corporation ADAIF

RE: Zinc articles

[retep6]

for example: Zinc Gains in London on Speculation Declines Were Exaggerated By Brett Foley Feb. 5 (Bloomberg) -- Zinc gained in London, rebounding from the largest weekly drop in at least 17 years, on speculation price declines were exaggerated and demand will keep matching production. The metal, used to galvanize steel, more than doubled to a record last year amid rising demand from China. Prices on the London Metal Exchange slumped 15 percent last week as analysts including those at Barclays Capital cut 2007 price forecasts. ``The zinc market will remain relatively tight in the first half and we expect a bounce in pricing, although not to levels we saw last year,'' said Adam Rowley, a London-based analyst with Macquarie Bank. Zinc for delivery in three months on the London Metal Exchange rose $70, or 2.3 percent, to $3,150 a metric ton as of 1:20 p.m. local time. It has fallen 25 percent this year. https://www.bloomberg.com/apps/news?pid=20601012&sid=ayoyOyYJWcyw&refer=commodities https://www.kitcometals.com/news/