[may 7 SMM zinc industry core data] spot zinc quotation, import profit and loss, inventory, processing fee

[Ningbo Zinc: Traders Continue to Raise Offers, Spot Trades Weaken] Mainstream brand 0# zinc traded at around 26,190-26,280 yuan/mt in the Ningbo market. Conventional brands in Ningbo were quoted at a premium of 20 yuan/mt against the 2611 contract and a premium of 30 yuan/mt against Shanghai spot cargo. Mainstream quotes in Ningbo were primarily against the 2611 contract.

DPM Metals Inc. released preliminary third-quarter 2026 production results. Its Vareš polymetallic mine in Bosnia and Herzegovina processed approximately 143,000 tonnes of ore, producing concentrates containing approximately 28 million pounds of zinc and 17 million pounds of lead. Payable metal in concentrate sold during the quarter amounted to approximately 16 million pounds of zinc and 12 million pounds of lead. For the first nine months of 2026, Vareš produced concentrates containing approximately 52 million pounds of zinc and 35 million pounds of lead. DPM declared commercial production at Vareš, while the operation continues to ramp up toward an annualized production run-rate of 850,000 tonnes per year by the end of 2026. Construction of the second tailings filter and paste backfill plant is nearing completion, with commissioning expected to begin in November and December, respectively.

GoldHaven Resources Corp. announced the completion of its 2026 drilling program at the Kuhn tungsten-skarn target within the Magno Project in British Columbia, Canada. The program comprised eight drill holes totaling 1,729 metres. Drill hole GOH26-08 intersected skarn mineralisation at depth approximately 80 metres along strike from the lower skarn zone previously encountered in GOH26-04. The company noted that further drilling and laboratory assays are required to establish mineralisation continuity and grades. Following completion of the Kuhn program, GoldHaven has mobilised its drill rig to the D Zone silver-lead-zinc target, where drilling is now underway. The D Zone lies within the broader Magno Project and hosts polymetallic mineralisation in Lower Cambrian Atan Group carbonate rocks, including galena, sphalerite and locally massive sulphides. The current program is designed to test the geometry and potential extensions of historically identified silver-lead-zinc mineralisation.