
Hindustan Zinc posts quarterly profit rise on strong metal prices
India’s Hindustan Zinc reported a nearly 14% rise in second-quarter profit on Friday, as silver prices hit record high levels and zinc prices climbed steadily, amid resilient demand.India’s top refined zinc producer said consolidated net profit rose to 26.49 billion rupees (about $301 million) in the quarter ended September 30 from 23.27 billion rupees a year ago.Hindustan Zinc is the world’s third-largest silver producer and the largest integrated silver player in India, which is the world’s biggest consumer of silver.

BHP’s China Jimblebar iron ore stocks rise as trade stalls amid contract talks
Stocks of a type of iron ore supplied by BHP are piling up at major Chinese ports to the highest levels in three months, with trade stalled as the miner remained in talks with China’s state-run buyer for a new term contract, said sources.China Mineral Resources Group (CMRG) told steel mills and traders last month not to buy BHP’s Jimblebar fines, the sources said.

Hindustan Zinc posts quarterly profit rise on strong metal prices
India’s Hindustan Zinc reported a nearly 14% rise in second-quarter profit on Friday, as silver prices hit record high levels and zinc prices climbed steadily, amid resilient demand.India’s top refined zinc producer said consolidated net profit rose to 26.49 billion rupees (about $301 million) in the quarter ended September 30 from 23.27 billion rupees a year ago.Hindustan Zinc is the world’s third-largest silver producer and the largest integrated silver player in India, which is the world’s biggest consumer of silver.