ESG issues limit US coal industry’s resistance to pandemic – report
The outlook for coal-fired power plants in the US has darkened over the past few months, Moody’s Investors Services said.
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Worldwide mining disruptions
On a global scale, work is grinding to a halt and mines are being placed on temporary care and maintenance.
South African gold shipments to London have been cut off
Rand Refinery, the continent’s only gold refiner, said it’s exploring back-up plans to meet its delivery commitments.
Northern Dynasty’s Pebble permit decision unaffected by covid-19 precautions
The company is still targeting a federal permit decision by mid-2020.
Fortuna resumes operations at San Jose mine
Blockade of the roads in the municipality which prevented access to the mine has been lifted.
Global official gold reserves represent 17% of world’s stock
Central banks and supranational organizations such as the IMF currently hold 34,000 tonnes of gold.
Sprott faces operations challenges at Chile mine
Shares of Sprott Resource Holdings plunged nearly 20% on the TSX at market open Thursday.
Trevali halts Canadian zinc mine amid covid-19 outbreak
The Caribou mine in New Brunswick has been in continuous production since 2015.
The gold market is being tested like never before
Worldwide panic over the coronavirus outbreak and a flood of stimulus by central banks has ignited demand for one of humanity’s oldest methods of storing wealth.