Callinex Mines Inc V.CNX

Alternate Symbol(s): CLLXF

Metals & Mining Industrial Metals & Minerals

Callinex Mines Inc. is a Canada-based company, which is advancing its portfolio of base and precious metals rich deposits located in established Canadian mining jurisdictions. The Company's projects include Flin Flon Area - Pine Bay, Flin Flon Area - Flin Flon, Nash Creek and Superjack, Point Leamington, and others. It owns a 100% interest in the approximately 6,795 hectares Pine Bay project. At Pine Bay project, the Company is focused on the advancement of the high-grade Rainbow Deposit and Descendent Deposit. Its Nash Creek project is located in the volcanogenic massive sulfide (VMS) rich Bathurst Mining District of New Brunswick. Its 100% owned Point Leamington Deposit in Newfoundland is located in one of the richest VMS and Gold Districts in Canada. Its Flin Flon project covers approximately 2,455 hectares. Its other properties include Gossan Gold, Sneath Lake property, Moak Lake property, Herblet Lake property, Headway property, Headway North claim, and the Island Lake properties.

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Post by Goodtoreadthis1on Mar 15, 2022 3:55pm

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Zinc report

Mining News

The world's largest zinc producing countries in 2021 - report

Vladimir Basov Tuesday March 15, 2022 15:20

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(Kitco News) - According to preliminary data by the U.S. Geological Survey (USGS), global mine zinc production in 2021 reached 13.0 million metric tonnes, an 8% increase compared to 2020 (12.0 million tonnes).

USGS said that estimated global zinc production in 2021 increased from that in 2020, when mine production was constrained in some countries because of Government-mandated lockdowns and a decrease in zinc prices following the onset of the global COVID-19 pandemic.

Global mine zinc production, thousand tonnes. 2021* preliminary estimates. Source: USGS.

The world’s largest mine zinc producer in 2021 was China (4.2 million tonnes), followed by Peru (1.6 million tonnes) and Australia (1.3 million tonnes).

Largest zinc producing countries, thousand tonnes. 2021* preliminary estimates. Source: USGS.

USGS added that - according to the International Lead and Zinc Study Group - estimated global refined zinc production in 2021 was forecast to increase slightly to 14.13 million tonnes and estimated metal consumption to increase by 6% to 14.09 million tonnes, resulting in a production-to-consumption surplus.

By Vladimir Basov

For Kitco News

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