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Covid-19 impact on iron ore market
The mining industry is deeply impacted by the covid-19 pandemic, and the situation continues to evolve as the virus spreads throughout the globe. Revised down most of its 2020 mining and metals production and consumption forecasts and warns it will keep...
Overview Market Close – May 18, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 24,597.37 +911.95 +3.85% S&P 500 INDEX 2,953.91 +90.21 +3.15% NASDAQ COMPOSITE INDEX 9,234.83 +220.27 +2.44% NYSE COMPOSITE INDEX 11,402.23 +454.91 +4.16% S&P/TSX COMPOSITE INDEX 14,638.90 +129.24...
Covid-19 – Updated to May 17,2020
ITALY - Net improvement for the "Total currently positive", which have been declining for 21 days now, falling below 70 thousand units (-2.62% compared to yesterday). The situation in Lombardy also improved, with the "Total currently positive" at 27,430 units, down by...
Mexican miner Peñoles to suspend zinc mine due to tough conditions, low prices
Mexican miner Industrias Peñoles said that it will suspend operations of a zinc mine in central Mexico indefinitely due to difficult mining conditions and low metal prices. Peñoles said in a statement that it has begun laying off unionized workers in the unit,...