PDAC told to expect metal shortages PDAC told to expect metal shortages

In the case of zinc, there won't be enough metal to meet demand by 2015, warned Andy Roebuck, a research manager with Vancouver-based Teck Resources. Consumers of key metals, including silver and zinc could soon face metal shortages as some of the world's largest mines run out of ore, senior mining officials told the Prospectors and Developers Association of Canada conference on Sunday. But finding major new mines to replace them is one of the key challenges facing the global mining sector, a challenge that promises to make mine development hurdles one of the key talking points among the roughly 30,000 attendees at about this year's PDAC convention in Toronto. In the case of zinc, there won't be enough metal to meet demand by 2015, warned Andy Roebuck, a research manager with Vancouver-Teck Resources Ltd., (TSX: T.TCK.B, Stock Forum)

Stock Forum). Phil Baker, the President and CEO of Hecla Mining Co.

Stock Forum) said he sees a similar scenario unfolding in the silver mining industry. “Our expectation is that by 2015, there will be a shortfall in the amount of supply that we have relative to demand,'' he said. Continue reading this article

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