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Overview Market Close – July 16, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 26,734.71 -135.39 -0.50% S&P 500 INDEX 3,215.57 -10.99 -0.34% NASDAQ COMPOSITE INDEX 10,473.83 -76.66 -0.73% NYSE COMPOSITE INDEX 12,350.11 -41.21 -0.33% S&P/TSX COMPOSITE INDEX 16,024.50 -38.83...
Workers at Antofagasta’s Zaldivar mine enter mediation to stave off strike
Chile’s Antofagasta and unionized workers at its Zaldívar mine entered into mediation with the government on Wednesday in a last-ditch effort to stave off a strike amid a coronavirus outbreak in the South American nation. Workers at the mine voted in favor of a...
Covid-19 disrupts $8.8 billion of global mining output
Covid-19 has impacted the mining industry across the globe as lockdowns and travel restrictions forced companies to halt or scale down operations, suspend work on projects, and re-opening plans are scuppered by fresh outbreaks. S&P Global Market Intelligence in a...
China raises annual rare earth mining quota to record high in 2020
China hiked its mining quota for rare earth minerals by 6.1% in 2020 to a record annual high, the natural resources ministry said, as the country seeks to ramp up production of the prized minerals. China is the world’s dominant producer of rare earths, a group of 17...