Key Facts
—Nexa Resources fell 3.96% to US$13.35 as investors weighed Boliden’s agreement to buy Votorantim’s controlling stake in the zinc miner.
—Buenaventura dropped 3.25% to US$35.12, tracking the broader pullback in metals equities on Friday.
—Three-month zinc settled lower around US$3,856 per tonne on the London Metal Exchange, a modest 0.46% decline on the day.
—A sharp cash premium persists. London Metal Exchange cash zinc settled at US$4,107 per tonne on Thursday, US$217 above the three-month price, a signal of tight nearby supply for galvanisers.
