Chile zinc/silver project acquisition ‘timely’, says Golden Rim

Australia’s Golden Rim has completed the $2.29-million acquisition of the Paguanta zinc/silver/lead project, in northern Chile, where the company will start work shortly. Golden Rim, which bought 70% of the project from Herencia Resources, believes the acquisition is timely, as fundamentals for zinc are strong, based on demand for the metal outstripping supply.