Equities off 10% as part of wider coronavirus sell-off
By: Robert Anders | March 16, 2020
The following analysis is an extract of S&P Global Market Intelligence monthly Industry Monitor, which reviews exploration activity and development in the mining industry. The full report and data files are made available to our Metals & Mining subscribers only. Here are the highlights from our latest issue:
After falling to two in January, the number of initial resource announcements rose to four in February. Three new resources were for gold projects and one was for base metals.
Metals prices were mixed in February, as S&P Global Market Intelligence's Exploration Price Index was unchanged at 131. The indexed price rose for three — gold, molybdenum and cobalt — of the eight constituents of the index and decreased for zinc, copper, nickel, silver and platinum.