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Overview Market Close – December 02, 2019
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 27,783.04 -268.37 -0.96% S&P 500 INDEX 3,113.87 -27.11 -0.86% NASDAQ COMPOSITE INDEX 8,567.99 -97.48 -1.12% NYSE COMPOSITE INDEX 13,448.26 -96.95 -0.72% S&P/TSX COMPOSITE INDEX 16,981.47 -58.73...
Great Panther revises fourth quarter guidance for Tucano mine
Great Panther Mining has revised its fourth quarter production guidance for the Tucano gold mine in Brazil to between 31,000 and 33,000 ounces of gold, a steep drop from 39,000 to 44,000 ounces. Annual consolidated guidance, which includes the company’s Mexican...
Codelco to cut spending by $8bn through 2028 as profit halves
Chile’s Codelco, the world’s largest copper producer, will scale back its ambitious $40 billion, 10-year plan aimed at upgrading aging mines after reporting on Friday a 57% drop in pre-tax earnings to September due to a combination of factors including heavy rains, a...
Peru ready to mine uranium, government says
A representative from the Peruvian Ministry of Energy and Mines said this weekend that the country is ready to start mining uranium in the southern Puno region. During a workshop on uranium mining targeted at public service personnel, Martha Vásquez, head of the...