The share of global mining projects that progressed to their next stage of development has decreased from 3.8% in the fourth quarter of 2019 to 2.8% in the first quarter of this year, and is expected to slow further in the second quarter as a result of the coronavirus outbreak, says data and analytics company GlobalData. “With several countries entering complete lockdown, mining companies have minimised their workforce to temporarily suspend operations and development activities. As of April 13, the progress of 35 mines currently under construction globally was disrupted due to such lockdowns.
