The Metals Report: What’s your forecast for the upper range of zinc prices in 2013 and the first half of 2014?
Matthew O’Keefe: I think we’re going to start to see a reversal in the fundamentals that should start to drive the price of zinc up. Some major mine closures are coming in North America, so the supply side is going to be a little tighter. Xstrata Plc’s (XTA:LSE) Brunswick #12 mine in New Brunswick, a fairly large operation producing around 275,000 tons per year, is closing this month and Perseverance, … [visit site to read more]
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