Nexa Jumps 5.5% as Buenaventura Gains 3.3% | Zinc, Oct 9
Nexa Resources, the Latin American zinc producer, jumped 5.52% to US$13.20 on 9 October and gained 7.8% on the week as base metals rallied. The post Nexa Jumps 5.5% as Buenaventura Gains 3.3% | Zinc, Oct 9 appeared first on The Rio Times .
Zinc producers experienced a surge on Friday, October 9, as base metals increased in value. Nexa Resources, a company mining zinc in Peru and Brazil, saw its stock price surge by 5.52% to US$13.20 in New York trading. Buenaventura, a Peruvian miner of silver, gold, and base metals, experienced a 3.28% increase in its share price, reaching US$32.46.
The company's earnings are influenced by various metals, leading to fluctuations in its stock price alongside several markets. Zinc is utilized in steel galvanization, and its price reflects construction and manufacturing demand. Peru ranks among the world's leading zinc producers, making it a significant revenue generator for the Andean economy.
Share prices outpaced the underlying metal prices. Nexa's weekly gain was notable, although the reasons remain unclear. Buenaventura's weekly gain was also 3.28%. The London zinc price fluctuated, leading to discrepancies among data providers, which is why neither a specific price nor percentage change is provided. Metals-linked shares showed strength, with the CPER copper fund increasing by 2.15%.
However, no specific company announcements were found to justify Nexa's significant price movement on this day. The information provided in this report is derived from RT close data as of October 9, 2026.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.