Raymond James lowers metals forecasts for 2020
Raymond James has updated its metal price forecasts for the year due to the COVID-19 pandemic. Its new full-year forecast for gold in 2020 is US$1,594 per oz., down from…
Covid-19
PDAC tallies three confirmed COVID-19 cases
As the science continues to evolve around the transmission of the deadly coronavirus, the 23,000 people who attended the Prospectors & Developers’ Association of Canada (PDAC) convention in Toronto on…
Mine disruptions escalate as virus rips around globe
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…
Moody’s slashes growth forecasts
In November, Moody’s Investors Service forecast G-20 economies in 2020 would grow by 2.6%, but now estimates real GDP will contract by 0.5%, followed by a pick-up to 3.2% in…
Editorial: Disruption – The new normal
What was surprising about the Prospectors and Developers Association of Canada (PDAC) conference this year was how many people actually showed up, with Covid-19 ripping around the world. According to…
Copper Mountain cuts output targets amid market rout, coronavirus fears
Copper Mountain Mining (TSX: CMMC) became the latest company to adjust its plans due to collapsing equity markets and near-term copper price uncertainty as a result of the rapidly spreading…