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INDUSTRY BULLETIN: Zinc Prices Move Higher On Supply Worries, Fire at Russian Mine

Posted by Aidi Munoz at 6:26 AM on Thursday, November 9th, 2023


The zinc market is enjoying an upswing, with prices soaring to their highest levels in over a month. The optimism around zinc is underpinned by supply concerns following a fire at a Russian mine project and recent mine suspensions. Currently, three-month zinc on the London Metal Exchange has surged by 1.7% to reach $2,612 per metric ton, marking the strongest performance since early October.

Ubique Minerals, with its dedicated focus on zinc exploration, is excellently poised to harness this market trend. Their strategic acquisition of Gold Mills claims, Ophir Gold claims, and the Daniel Harbor Zinc Project accentuates the company’s resolve to capitalize on this burgeoning market.

Voices of Authority:

Commenting on the situation, Dan Smith, Head of Research at Amalgamated Metal Trading, highlighted the potential bullish outlook for the zinc market. The delayed start-up of the Ozernoye project, a significant zinc-lead mine expected to produce 350,000 tons annually, is a clear indicator of the market’s vibrancy.

Ubique Minerals stands as a testament to the enduring nature of the zinc industry. The company’s strategic approach and commitment to advancing in the face of industry challenges signal its resolve to become a player in the zinc mining sector.

Ubique Minerals’ Highlights:

Ubique Minerals’ acquisition now takes them to the heart of a high-grade zinc mine. The Daniel Harbor Zinc Project was once a thriving source, having produced over 7 million tons of zinc with an average grade of 7.93%. To put it into perspective, this zinc was among the highest-grade and cleanest globally.

Ubique Minerals aims to establish a resource of at least a million tons through its drilling program. This step promises not only growth but a stronger hold on a market in need of reliable sources.

Real-world Relevance:

In simple terms, consider this as Ubique Minerals securing a treasure chest. Picture it as owning a beachside property where every grain of sand potentially holds a precious gem. The world’s desire for zinc shows no signs of waning, and Ubique Minerals is positioned to be a key supplier.

Looking Ahead with Ubique Minerals:

The future is bright for Ubique Minerals. The zinc market is robust, and Ubique Minerals has embarked on an exciting journey to become a substantial player.


Ubique Minerals is a name to remember in the context of zinc mining and the broader mining industry. As investors, you’re not merely observers; you’re invited to participate in the journey of a company that is not just following the market trends but steering them. This is your opportunity to explore Ubique Minerals and align your investments with the ever-rising zinc market, a market that promises to remain resilient and rewarding.



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VIDEO – Ubique Minerals Achieves Full Ownership of Daniel’s Harbour Zinc Project: CEO Shares Bold Vision

Posted by Aidi Munoz at 4:15 PM on Wednesday, September 6th, 2023

In a significant move that’s set to reshape the landscape of mineral mining in Daniel’s Harbour, Newfoundland, Ubique Minerals has just made a major acquisition. The company has entered into a Mineral Claim Purchase Agreement with Ophir Gold Corp., securing a 100% interest in certain mineral mining claims.

Join us for an exclusive interview with Ubique Minerals CEO, Vilhjalmur Thor Vilhjalmsson, as he sheds light on this strategic agreement and what it means for the future of the Daniel’s Harbour zinc project. Vilhjalmur Thor Vilhjalmsson expressed his excitement about this development, stating that the acquisition aligns perfectly with the company’s strategy and commitment to unlocking the full potential of the Daniel’s Harbour property.

The Daniel’s Harbour project is of particular interest, as it covers both the past-producing high-grade zinc mine and extensions of favorable areas for exploration. The project has already confirmed three zinc deposits, with indications of two more awaiting further definition. This exclusive interview will provide insight into how this acquisition enhances Ubique’s ability to manage the exploration project work program effectively.

This transaction marks a milestone for Ubique Minerals and reflects their ongoing commitment to advancing mineral exploration and development projects. Join us to hear directly from the CEO about the company’s vision, strategy, and how this acquisition will contribute to sustainable resource utilization.

Don’t miss this opportunity to gain exclusive insights into the future of mineral exploration in Daniel’s Harbour. Tune in for the interview with Ubique Minerals CEO Vilhjalmur Thor Vilhjalmsson, and stay informed about the exciting developments in the world of mineral mining.