B of A models 2020 nickel demand
Bank of America forecasts global nickel demand could drop by 2.8% year-on-year in 2020, which could result in a nickel surplus of nearly 150,000 tonnes….
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Trevali suspends Caribou mine in New Brunswick
Trevali Mining (TSX: TV; US-OTC: TREVF) has temporarily suspended operations at its Caribou mine near Bathurst, New Brunswick. The company noted that the global zinc…
Steppe Gold fires up ATO mine in Mongolia
Steppe Gold (TSX: STGO) is on track to produce 60,000 oz. gold this year at cash costs of US$500 per oz. from its heap leach…
PDAC tallies three confirmed COVID-19 cases
As the science continues to evolve around the transmission of the deadly coronavirus, the 23,000 people who attended the Prospectors & Developers’ Association of Canada…
Barrick updates 10-year plan
Barrick Gold (TSE: ABX; NYSE: GOLD) has unveiled a 10-year gold production plan in which it aims to maintain production levels of approximately 5 million…
Mine disruptions escalate as virus rips around globe
On a global scale, work is grinding to a halt and operations at mines are being temporarily suspended as majors and minors move to enact…
Bank of America revises real GDP growth targets
The coronavirus pandemic “has morphed into a credit crisis and economic recession,” Bank of America (B of A) outlined in its World at a Glance…
DynaCERT says new technology can lower diesel emissions
DynaCERT (TSX: DYA), a Toronto-based company, has developed a technology called HydraGEN that could significantly reduce emissions by improving the performance and fuel efficiency of…
Facts ‘n’ figures: Gold prices swing as markets sell off
The following is an edited report from the World Gold Council, release on March 19, 2020. For the full report visit www.gold.org. Like most asset…
Coronavirus threatens Codelco’s status as top copper miner
Chile’s copper miner Codelco may not regain its position as the world’s top producer of the red metal this year, as delays in upgrades and…
Moody’s slashes growth forecasts
In November, Moody’s Investors Service forecast G-20 economies in 2020 would grow by 2.6%, but now estimates real GDP will contract by 0.5%, followed by…
Gold price rockets to seven-year high
The gold price rallied again in spectacular fashion on Tuesday, as panicked investors scrambled for hard assets on the back of COVID-19 closures of mines…