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Oil little changed after historic Opec+ deal to cut production
Oil surrendered gains after rising in early trading as investors weighed whether an unprecedented deal by the world’s biggest producers to cut output would would be enough to steady a market pummeled by the coronavirus.
Futures in London were down 0.4…
Oil little changed after historic Opec+ deal to cut production Read More »
Oil little changed after historic Opec+ deal to cut production
Oil surrendered gains after rising in early trading as investors weighed whether an unprecedented deal by the world’s biggest producers to cut output would would be enough to steady a market pummeled by the coronavirus.
Futures in London were down 0.4…
Oil little changed after historic Opec+ deal to cut production Read More »
Oil edges higher after historic Opec+ deal to cut production
Oil edged higher after swinging wildly in early trading as investors weighed whether an historic deal by the world’s biggest producers to cut output would be enough to steady a market pummeled by the coronavirus.
Futures in London rose around 2% to ab…
Oil edges higher after historic Opec+ deal to cut production Read More »
Armed group robs Mexican gold mine, flees in plane
An armed group stormed a gold mine in northern Mexico and stole bars of gold and silver alloy before fleeing in a light aircraft, mine operator Minas de Oro Nacional said.
Minas de Oro Nacional, a subsidiary of Canadian firm Alamos Gold, said in a sta…
Armed group robs Mexican gold mine, flees in plane Read More »
Canada passes historic wage bill to stem wave of job losses
Canadian lawmakers approved a bill to subsidize wages by 75% in a bid to stabilize the economy as Prime Minister Justin Trudeau called the coronavirus his generation’s greatest challenge yet.
The flagship C$73-billion programME — more than one-quarte…
Canada passes historic wage bill to stem wave of job losses Read More »
China’s ‘green zone’ coal price tested as virus fight continues
China’s coal prices have sunk to levels that threaten State intervention, but this time policy makers may refrain from doing so as they continue efforts to buttress the economy hurt by the coronavirus pandemic.
The government will try to keep power pr…
China’s ‘green zone’ coal price tested as virus fight continues Read More »
Alrosa ends some long-term deals as March diamond sales plunge
Alrosa, Russia’s largest diamond producer, ended some long-term deals with customers as sales in March collapsed to half the level of a year ago because of the coronavirus pandemic.
“We would like to thank those of our customers who stick to our long-…
Alrosa ends some long-term deals as March diamond sales plunge Read More »
Freeport-McMoRan closes New Mexico mine as coronavirus cases spread
Freeport-McMoRan, the world’s largest publicly traded copper producer, said on Sunday it has suspended operations at its Chino mine in New Mexico due to the spread of Covid-19, the respiratory disease caused by the new coronavirus.
The move comes afte…
Freeport-McMoRan closes New Mexico mine as coronavirus cases spread Read More »
Glencore copper mine in Congo sends 350 contractors home
Glencore’s Katanga Mining sent 350 workers to be repatriated this week after the copper and cobalt miner delayed the commissioning of an acid plant they were working on in Democratic Republic of Congo’s Lualaba province.
Katanga Mining’s 75%-owned su…
Glencore copper mine in Congo sends 350 contractors home Read More »