Prospects for Zinc Look GoodInvestment firm Raymond James said it expects to see a substantial appreciation in the price of zinc over the next few years as approximately 10% of world mine supply ceases production due to ore reserve depletion.
A reduction in the supply of zinc will drive the spot price to US$1.30 per pound in 2016 from the current US95 cents per pound level, Raymond James said in a report.
The following is a report on three companies that delivered impressive intersections of zinc in drilling results this week.
Read more at https://www.stockhouse.com/news/newswire/2014/06/20/prospects-for-zinc-look-bright-as-c-pse-t-smt-t-tv-release-exploration-results#xiQQXzLf0gAtxAaD.99