Shares in Canadian zinc producer Trevali Mining (TSX:TV) jumped more than 4% Monday after the company announced the discovery of a new high-grade zinc-lead-silver mineralization at its Santander mine, located in Peru.
China is the leader in extracting gold, zinc, lead, molybdenum, coal, tin, tungsten, rare earths, graphite, vanadium, antimony and phosphate, and holds second place in mine production of copper, silver, cobalt, bauxite and manganese.
Mining stocks rose the most in more than 10 weeks in London as aluminum and lead advanced after a report showed the U.S. economy expanded faster than estimated, boosting demand in the second-largest metals user.