Haywood Securities lowers base metal forecasts
Haywood Securities has cut its base metal price forecasts for 2020 due to the COVID-19 pandemic. The investment dealer expects copper will cost US$2.45 per lb. (from its previous estimate…
Haywood Securities has cut its base metal price forecasts for 2020 due to the COVID-19 pandemic. The investment dealer expects copper will cost US$2.45 per lb. (from its previous estimate…
South American countries have taken varying approaches to containing the spread of COVID-19, ranging from leaving it to states and cities to handle the virus to implementing aggressive lockdowns and…
The S&P/TSX Venture Composite Index rose 1.76% to finish the trading week at 444.87. Spot gold finished at US$1,686.50 per oz., a gain of 0.05%, and the S&P/TSX Global Gold…
For a junior exploration company with a market capitalization of $3 million, the prospect of acquiring a gold project with a past producing mine in the U.S., where Rio Tinto…
Bluejay Mining (LSE: JAY) has expanded its footprint in Greenland, after securing two new mineral exploration licences surrounding its existing Kangerluarsuk zinc-lead-silver project in the island territory’s central west. The…
S&P Global Ratings has cut its global GDP growth forecast for 2020 to 0.4%. Earlier this month, it lowered its GDP growth forecast for China to 2.9% from its previous…
The S&P/TSX Venture Composite Index lost 1.19% to finish the trading week at 383.94. Gold X Mining’s shares rose 20¢ to $1.53. The junior, which is advancing its Toroparu project…
On a global scale, work is grinding to a halt and operations at mines are being temporarily suspended as majors and minors move to enact measures to protect against the…
Given the market volatility from the spread of COVID-19, the outlook for precious metals remains uncertain. Nevertheless, gold exploration and mine development remain important drivers of mining activity. Here are…
The S&P/TSX Venture Composite Index rose 1.80% to 506.54 and gold finished the week at US$1,673.10 per oz., a rise of US$87.60 per oz. from the previous week. Shares of…
Nexa Resources (TSX: NEXA; NYSE: NEXA) has released a preliminary economic assessment (PEA) for a potential underground mine at its Hilarion project in Peru — one of the largest undeveloped…
The economics team at Bank of America has cut its 2020 global growth forecast to 2.8% “while also factoring in a mini recession.” “Logistics and supply chains remain an issue,…
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