Trevali Mining Corp.(TREVF)- OTCQX
  • Nov. 24, 2014, 3:57 PM
    • Trevali Mining (OTCQX:TREVF +2.1%) CEO Mark Cruise predicts zinc will extend its bull run as the company reopens a mine in New Brunswick to more than double output.
    • Trevali, which gets ~60% of its revenue from zinc, is seeking to boost production to 5K metric tons/day of ore by 2016 from 2K/day now, Cruise says, while a decrease in output next year from China, the world’s largest producer, would cut world supplies 10% as demand increases 5%.
    • Trevali’s New Brunswick mine closed in 2008 due to depressed commodity prices amid the global financial crisis; commissioning of the mine, whose mill will be able to process 3K tons/day, will begin in Q2 2015.
    | Nov. 24, 2014, 3:57 PM
Company Description
Trevali is a zinc-focused, base metals mining company with one producing operation in Peru and another currently undergoing commissioning in Canada. In Peru, the Company is actively producing zinc and lead-silver concentrates from its 2,000-tonne-per-day Santander mine. In Canada, Trevali owns... More
Industry: Industrial Metals & Minerals
Country: Canada