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As demand implodes, zinc supply chain starts to adjust
The London Metal Exchange (LME) zinc price has bounced by 20% from its March low of $1,685 a tonne to $2,020. This is part of a broader mini-recovery across the base metals complex as the market focuses on the supply shock running alongside the demand shock caused by...Tempus Resources funds gold exploration in Canada and Ecuador with A$4M raise
Australia-based Tempus Resources has raised A$4 million (US$2.6 million) in a private placement to fund exploration work at its Blackdome-Elizabeth project in B.C., Canada and at its Zamora project in Ecuador. Sprott Asset Management and an Asia-based specialist...
SilverCrest to resume Las Chispas operations
SilverCrest Metals announced on Tuesday that it will resume exploration and development work at its Las Chispas gold-silver project in Sonora, Mexico, by mid-May following a temporary suspension due to national covid-19 containment protocols. The company has also...
Overview Market Close – May 12, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 23,764.78 -457.21 -1.89% S&P 500 INDEX 2,870.12 -60.20 -2.05% NASDAQ COMPOSITE INDEX 9,002.55 -189.79 -2.06% NYSE COMPOSITE INDEX 11,055.58 -225.79 -2.00% S&P/TSX COMPOSITE INDEX 14,881.16 -222.06...