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Week 38 (25/09/2020-01/10/2020)
Company news
Australasia
- OceanaGold announces C$150 million bought deal offering of common shares having been hit by COVID-19 issues at both its Haile operation in South Carolina and its Macraes operation in New Zealand.
- Solgold reports that restrictions on site access during the Covid19 pandemic have delayed the completion of aspects of the geotechnical work on its pre-feasibility study (PFS) for the Alpala project in Ecuador.
Industry bodies, government departments & regulators
- Some US$43.9 billion of mining projects in Chile have been delayed due to COVID-19, according to Cristian Cifuentes, strategies and policies coordinator at copper research agency Cochilco.
- Shares in some of the world's major mining companies have dipped in recent days, with US investment bank Jefferies pointing to the recent spate of COVID lockdowns as a sign prices could fall further in the near term.
