-Zinc miners rise as metal prices hit two-month peak on shortage fears

Solitario Resources

16/08/2022 13:43

** Zinc miners leaped as prices of metal surged to their
strongest in two months after production was suspended at Dutch
smelter amid high power prices, stoking fears of shortages
 urn:newsml:reuters.com:*:nL1N2ZS0IG
    ** Benchmark zinc on London Metal Exchange  CMZN3  jumped
6.6% to $3,797.50 a tonne by 1030 GMT, the highest since June 9
    ** Miners Solitario Zinc Corp  XPL.A  were up ~7% while
U.S.-listed shares of Canada's Teck Resources  TECKb.TO 
 TECK.K  jumped 3.23%
    ** U.S.-listed shares of Silvercorp Metals  SVM.TO   SVM.N ,
Hudbay Minerals  HBM.TO   HBM.N  and Hecla Mining  HL.N  were up
0.6%-2.7%

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com; Twitter: https://twitter.com/rithika_krishna;))