Vedanta's Skorpion zinc refinery back online

Namzinc's Skorpion zinc refinery in Namibia resumed production in February 2020, a spokesperson for parent company Vedanta Resources confirmed to Fastmarkets on Thursday March 12.

"Further to the maintenance shutdown in November 2019, Skorpion Zinc resumed production in February 2020," the spokesperson said.
The Namibian mine's refinery, part of Africa's largest integrated zinc operation, ceased production in November 2019 due to a local lack of zinc oxide ore, Skorpion's preferred concentrate feed.
The shortage effectively halted refining operations at the site and expedited scheduled maintenance planned for April 2020, which was expected to span fourth months, the company said.

The site's refinery ran a zinc production capacity of 90,000 tonnes per year in 2018 and was...

China's gold holdings to central bank reserves still low

China has broad effect on gold market

Gold stocks mixed after previous week's huge gains

Large TSXV gold multiple driven up by high Artemis weighting

Monetary-driven precious metals outperform major base metals