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Macedonian lead-zinc assets to Trafalgar

US COMPANY Trafalgar Resources could soon be reaping the benefits of a high lead price after acquiring two insolvent lead and zinc mines in Macedonia for a combined consideration of euro 1.09 million and a pledge to invest US$9 million in the first two years.

Rebecca Keenan
Macedonian lead-zinc assets to Trafalgar

The Macedonian Economy Ministry said Trafalgar was the sole bidder for the Zletovo and Toranica mines, according to South East Europe Newswire. The board of creditors has accepted the bids of EUR850,000...

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