Shares in CBH Resources, the zinc and lead producer, suspended trading on Friday amid speculation that the miner could soon announce a deal with rival Perilya Ltd.

CBH Resources informed the Australian stock exchange it had pursued confidential talks with several parties over the potential deal.

However, the group added, "All these discussions are incomplete and are insufficiently definite to warrant disclosure."

Reports also suggested that zinc producer Nyrstar NV may be set to try and acquire CBH resources.

Nyrstar CEO Roland Junck, who took reigns previous year, has been trying to make new acquisitions to expand the business further.

Before halt, CBH shares were trading at 14.5 cents.