TZN 10.0% 11.0¢ terramin australia limited.

zinc and lead outlook for 2010

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    here is the recent statement from the ILZSG conference in lisbon


    http://www.ilzsg.org/generic/pages/list.aspx?table=document&ff_aa_document_type=R&from=5

    interesting to see although a 5.4% fall in zinc prooduction this year they predict 8.1% increase in zinc production next year.

    no sign of moriaty's zinc production gap appearing yet!


    "A forecast 5.4% fall in global zinc mine output to 11.08 million tonnes this year is
    due to a number of cutbacks and closures mostly implemented at the end of last
    year. Significant reductions are expected in Australia, China, Peru, Portugal and
    the United States.
    14. In 2010, mine output is forecast to increase by 8.1% to 11.97 million tonnes. An
    increase in Mexico will be mainly due to the opening of Goldcorp’s 190,000 tonne
    per year capacity Pensaquito mine. Production is also expected to be higher in a
    number of other countries including Australia, China, Finland, India, Iran and the
    Russian Federation.tonnes this year
 
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