CAPITAL MARKETS

Markets mixed as WHO considers health emergency

Key indices remain near record highs

Staff reporter
 The World Health Organisation is reconvening its emergency committee on the coronavirus

The World Health Organisation is reconvening its emergency committee on the coronavirus

The World Health Organisation will decide today whether to declare the outbreak a global health emergency, with the death toll at 17, Reuters reported.
 
The city of Wuhan, where the flu-like outbreak began, has closed its transport networks ahead of the Lunar New Year holiday period when millions have travel plans.
 
Key market futures were mixed.
 
The gold price is similar to this time yesterday, about US$1,558 an ounce on the spot market.
 
At the big end of town, gold major Newmont (NYSE: NEM) gained about 0.2% yesterday while copper miner Antofagasta (LSE: ANTO) fell 4.5% on disappointing guidance.
 
At the other end of the spectrum, tiddler Adamera Minerals (TSXV: ADZ) closed up 50% - or C1.5c - after reporting miner Hochschild Mining had entered an option/joint venture agreement over its Cooke Mountain gold project in Washington state, US.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.