Canadian miner Trevali (TSX:TV) reached a milestone Thursday, as it finished the acquisition of majority stakes in Glencore’s (LON:GLEN) Rosh Pinah mine in Namibia and the Perkoa mine in Burkina Faso.
Lead's rally from multi-year lows hit November 2015 were on the back of major zinc-lead mine shutdowns and strong demand from the automotive sector, responsible for the bulk of demand.
Miner and commodities trader Glencore (LON:GLEN) produced some stellar results on Thursday and the Switzerland-based company also provided a positive outlook for 2017, particularly for its base metals business.