Force majeure at Peñasquito mine in Mexico has little impact on subdued zinc market

The zinc market’s response was muted to the news that force majeure was declared at American mining company Newmont’s Peñasquito zinc, lead and gold mine in Mexico on Friday June 23.

“Due to interruptions in production caused by the union strike at Newmont’s Peñasquito mine in Mexico, force majeure has been declared,” a spokesperson at the company said.

“On May...


Josh Fulton

June 26, 2023

16:37 GMT