Zinc has continued its strong run, climbing for the third day this week, with LME stockpiles falling by 29% so far this year
Zinc has continued its strong run, climbing for the third day this week, with LME stockpiles falling by 29% so far this year. I've been waiting patiently for the zinc market to rebound, after a pretty tough time of it for the past four years. There's a looming challenge as far as zinc supply is concerned, with some of the world's largest operations coming to the end of their natural lives - and there aren't a lot of new mines on the horizon. The real market impact probably won't be felt until 2015/16.
Gavin has been a senior resources analyst following the mining and energy sectors for the past 25 years, working with Intersuisse and Fat Prophets. He is also the Executive Director, Mining & Metals with Independent Investment Research (IIR).