{
  "id": 14338532,
  "title": "Nexa Gains 1.79% to US$13.11 as Buenaventura Falls 2.48% | Zinc, Oct 13",
  "url": "https://urgent.news/2026/10/14/nexa-gains-1-79-to-us-13-11-as-buenaventura-falls-2-48-zinc-oct-13",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T00:53:12.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/zinc-markets-latam-tuesday-october-13-2026/"
  },
  "original_language": "en",
  "account": "On Tuesday, 13 October, Nexa Resources, a Brazilian and Peruvian zinc producer, experienced a 1.79% increase in its share price to US$13.11. Meanwhile, Buenaventura, a significant Peruvian miner involved in gold, silver, and base metals, witnessed a decline of 2.48% to US$31.50. The fluctuations in both stocks can be attributed to company-specific factors and sector trading, rather than a clear indication of zinc demand trends.\n\nNexa Resources, considered the cleanest US-listed zinc bellwether in Latin America, rebounded from Monday's 2.42% drop, effectively recovering most of the loss. This move suggests that the stock's gain is not a definitive trend, but rather a short-term bounce after Monday's decline. Buenaventura, on the other hand, fell by 2.48% due to the negative performance of other gold and silver miners, which also contributed to the decline of Buenaventura.\n\nGiven the absence of any news or data confirming a specific driver for the price movements, the bounce in Nexa Resources' stock appears to be driven by positioning adjustments after Monday's events rather than a verdict on zinc demand. The US dollar index also experienced a slight decline of 0.36%, reaching 102.2, which typically supports commodity shares. However, without concrete information on the zinc price for the day, the wrap-up relies primarily on the share prices of the companies involved.\n\nPeru ranks among the world's largest zinc producers, alongside Mexico, and zinc is primarily used for galvanizing steel to prevent rust. This connection ties zinc to construction and infrastructure spending across the hemisphere. Should the demand for construction slow down, it could negatively impact zinc demand. Nexa Resources, being sensitive to zinc fluctuations, and Buenaventura, offering diversified exposure to the Andean region, serve as key indicators for investors tracking Andean base metals.\n\nIn the coming sessions, investors will closely monitor whether Nexa's bounce sustains and keep an eye on the US$13 level, as well as any updates concerning Peruvian supply. Without confirmed zinc price data, this news wrap primarily focuses on the company shares.",
  "summary": "Nexa Resources rose 1.79% to US$13.11 on Tuesday 13 October while Peru’s Buenaventura fell 2.48%, a split among Latin America’s listed zinc names. The post Nexa Gains 1.79% to US$13.11 as Buenaventura Falls 2.48% | Zinc, Oct 13 appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}