ILZSG: Global Refined Zinc Consumption Outstrips Output in July

Evergold reported results from the first six 2026 drill holes at the GL1 Zone of its Golden Lion project in British Columbia, Canada. GL26-031 intersected 4.9 metres grading 7.70 g/t gold and 186.0 g/t silver. The completed program comprised 16 holes totalling 3,988 metres, with results pending for the remaining ten. Copper, lead and zinc multi-element assays remain pending for all six reported holes.

Trilogy Metals reported cash of US$31.2 million and adjusted working capital of US$30.3 million at August 31, 2026. Its share of Ambler Metals’ fiscal 2026 budget was substantially funded. Trilogy owns 50% of Ambler Metals, which holds Alaska’s Upper Kobuk projects, including the copper-zinc-lead-gold-silver Arctic deposit. Arctic entered NEPA review and public scoping in September, with a Record of Decision targeted for September 2028.

Coherent launched PhotonLink, an integrated optics platform for AI infrastructure incorporating Indium Phosphide (InP) lasers, silicon photonics, detectors and optical modules. The company disclosed more than 10 CPO engagements, over 10 NPO engagements and more than five chip-to-chip connectivity projects, with anchor customers and long-term agreements secured for both CPO and NPO. Revenue is expected to begin ramping in Q4 2026. Coherent has shipped over 300 million InP lasers and is expanding its 6-inch InP manufacturing capacity to support the ramp. The customer pipeline provides a clearer commercial demand signal for InP devices and upstream materials, although additional capacity and indium consumption were not disclosed.