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Economic Calendar – Weekly 04 november 2019
Time Zone Event Forecast Previous Monday, November 4, 2019 04:45 EUR Italian Manufacturing PMI (Oct) 47.5 47.8 04:50 EUR French Manufacturing PMI (Oct) 50.5 50.1 04:55 EUR German Manufacturing PMI (Oct) 41.9 41.7 05:00 EUR Manufacturing PMI (Oct) 45.7 45.7...
China’s Zijin buys Freeport’s copper-gold assets in Serbia for up to $390 million
Zijin Mining, one of China’s biggest gold producers, said on Monday it would buy partner Freeport McMoran Inc’s copper-gold assets in Serbia for up to $390 million, substantially boosting its resources of both metals. The move continues a recent acquisition spree for...
Barrick announces new strategy for Hemlo
Barrick Gold of Toronto has announced plans to modernize and refocus its efforts at the Hemlo gold mine 350 km east of Thunder Bay. The goal is to upgrade the operation to a Barrick Tier 2 asset and extend its life. Barrick has introduced several programs to boost...
Antofagasta cuts expected copper output further due to Chile’s protests
Chilean copper miner Antofagasta Plc has cut its production forecast for 2019 as ongoing unrest and riots in the South American country have disrupted supplies to its flagship Los Pelambres mine and resulted in damage to equipment. The company, which has now resumed...