Zinc Mining News

Boliden to acquire 64.7% stake in Nexa Resources from Votorantim

2026-08-27

Boliden, the Swedish mining and smelting giant, has entered into an agreement with Votorantim to acquire its 64.68% stake in Nexa Resources for an implied consideration of $1.31 billion. This strategic transaction, valuing Nexa shares at $15.29 each, aims to establish Boliden as a global leader in zinc production and significantly expand its operational footprint across Europe and Latin America. The deal, expected to close in the first quarter of 2027, will consolidate 12 mines and eight smelters under Boliden's expanded portfolio, while Nexa continues as a separately listed entity on the NYSE.

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Metalsource Mining starts new drilling phase at Silver Hill Project

2026-08-07

Metalsource Mining has initiated a crucial new drilling phase at its Silver Hill Project in North Carolina, focusing intently on expanding the high-grade polymetallic mineralization previously identified in Hole SH26-07. This targeted program aims to trace strike and down-plunge extensions as the company moves towards its maiden mineral resource estimate by early 2027, building on recent land acquisitions and enhanced geological understanding. The strategy underscores Metalsource's commitment to systematically defining the economic potential of this promising silver, gold, lead, and zinc discovery.

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