Spot treatment charges (TCs) for zinc and lead concentrate continued their downward trajectories in May even as some South American miners announced restart of operations after two months of Covid-19 related shutdowns.
Miners are in need of cash and keen to resume production but they face the challenge of a rising number of coronavirus cases in the continent, which the World Health Organization has dubbed as a "new epicenter" of the novel coronavirus.Meanwhile, tendered tonnages were awarded at even lower levels at the beginning of this month. Dugald River zinc for June-July shipment was reported to be awarded at around...