Issue link: http://resourceworld.uberflip.com/i/685011
J U N E / J U L Y 2 0 1 6 www.resourceworld.com 15 Teck Resources Ltd. [TCK.B-TSX; TCK- NYSE]. Although coal and copper account for a larger percent of its annual profit, Teck ranks as the third largest producer of mined zinc and the operator of one of the world's largest fully integrated zinc and lead smelting and refining facilities. It produces zinc concentrate from its Red Dog operation in Alaska and the Pend Oreille operation in Washington State. Those concentrates can be processed at the company's Trail smelting complex at Trail, British Columbia. The company said 31% of its gross profits (before depreciation and amortization) in 2015 were derived from zinc. Trevali Mining Corp. [TV-TSX, BVL; TREVF-OTCQX; 4TI-FSE]. With its fast developing operations in both Peru and Canada, Trevali has recently established itself as a go-to company for zinc-hun- gry investors. That's because Trevali is currently deriving roughly 65% of its revenue from zinc production. By com- parison, other Canadian zinc producers, such as Teck, Lundin Mining and HudBay Minerals are either more diversified or more focused on other base metals such as copper. However, being the only pure zinc pro- ducer on the TSX can be a "double edged sword,'' said Mark Cruise, President. He is referring to the fact that when zinc prices fall, Trevali's stock price usually follows. "But in a rising zinc market we still have a huge advantage,'' he said. In, 2016 Trevali expects to produce 52 to 55 million pounds of payable zinc as well as 20 to 23 million pounds of payable lead and close to 850,000 ounces to one million ounces of payable silver. That material will come from the Santander Mine in Peru, as well as the Caribou Mine in New Brunswick, where mine commissioning is expected to be completed this year. Trevali is an affiliate of Swiss metals giant Glencore Plc [GLEN- London], which owns 5% of Trevali and jointly operates the company's Santander Mine. Canada Zinc Metals Corp. [CZX-TSXV; AORAQJ-FSE] has a proven track record in successful mineral exploration, $7 mil- lion in the treasury, and four large mining companies as shareholders. It is also a dominant landholder in northeast British Columbia's Kechika metals district, which hosts several metal deposits and numerous exploration targets. The Akie property, which covers 116 km 2 , is the company's most advanced exploration project. It is located about 20 km southeast of the Teck-Korea Zinc Cirque Project. The road-