As mining heavyweights South Africa and Peru move to lift coronavirus lockdowns, workers in deep mines are resisting going back to work without adequate protective gear and information about cases at sites, with one major union filing legal action against restart plans. The workers fear being literal canaries in the coal mine in facilities where social distancing is nearly impossible and warn that companies are not divulging coronavirus cases, putting them at risk. Peru, which hopes to end its own lockdown on May 10, is the world's No. 2 copper producer and No. 6 gold producer.

Investors can retain BHP Group (BHP) stock in their portfolio, for the time being, on the company's solid prospects.

It hasn't been the best quarter for BHP Group (ASX:BHP) shareholders, since the share price has fallen 20% in that...

Norway's $1 trillion sovereign wealth fund said on Wednesday it was excluding Glencore , Anglo American, RWE, Sasol and AGL Energy for their use and production of coal under updated ethical guidelines. Another set of companies - BHP , Uniper , Enel and Vistra Energy - were put under observation for possible exclusion at a later stage if they do not address their use or production of coal.

The oil crisis will be solved only by a pick-up in global oil demand, once lockdowns are lifted, the economy is restarted, and, hopefully, a vaccine is developed.

Filed under: Ford,Auctions,Automotive History,Wagon,Classics Continue reading Buy this one-off 428 four-speed '67 Ford Country Squire Buy this one-off 428 four-speed '67 Ford Country Squire originally appeared on Autoblog on Tue, 19 May 2020 10:32:00 EDT. P…

Brendon McCullum called for the introduction of a team from his country in Australia's Big Bash League to boost audience interest in the T20 competition.

Former Australia cricketer Shane Watson feels that the IPL and PSL have maintained a good standard of the game as compared to the Big Bash League.

Rating Action: Moody's takes rating actions on 10 Thai banks. Global Credit Research- 22 Apr 2020. Singapore, April 22, 2020-- Moody's Investors Service has today revised the outlooks on 10 Thai banks ...

BHP-backed SolGold Plc, the copper-gold company focused on Ecuador, has agreed a financing package of up to $150 million with streaming company Franco-Nevada Corp to develop its Alpala project, sending its shares up by around 10%. Toronto-listed Franco-Nevada, which provides miners and oil and gas producers with upfront cash in exchange for future production, will receive a perpetual 1% net smelter return (NSR) interest from SolGold. An initial funding of $100 million could be increased to $150 million, which would also increase the NSR for Franco Nevada, the company said in a release.

BHP Group on Tuesday reported a 6.3% rise in third-quarter iron ore production that slightly missed analyst estimates, and maintained its iron ore forecast despite global economic disruption caused by the coronavirus outbreak. The world's largest listed miner warned, however, that global steel production excluding China could drop sharply this year in light of the pandemic, and that capital spending in 2021 would be lower than its current outlook of $8 billion. The company kept its annual outlook for iron ore production unchanged at 273-286 million tonnes but said petroleum output would likely hit the bottom end of previous guidance of 110-116 million barrels of oil equivalent.

“Do not take life too seriously. You will never get out of it alive.” – Elbert Hubbard “How many people here have telekenetic powers? Raise my hand.” – Emo Philips Have you ever noticed that anybody driving slower than you is an idiot, and anyone going faster…

I last wrote on the uranium market in February 2017, “Supernova Investing: Uranium”. Please start here for full background, before you go down the nuclear/uranium rabbit hole; https://ibankcoin.com/ The Unforgiving Impact Of Covid-19 Envelopment of the globe by COVID-19 has been swift, and unforgiving. Most markets, especially commodity markets (save gold), are beset by demand destruction […]

The Zacks Analyst Blog Highlights: Amgen, BHP, Altria, Apple and Target

Top-10 NBA draft prospect Killian Hayes won't play in a season-capping tournament the German league plans to hold in June, a source says.

Peru will gradually ease restrictions on key sectors including mining and construction in May, the government said in a decree on Sunday, after activity had been virtually paralyzed since mid-March by the coronavirus pandemic and a nationwide lockdown. In the decree published in the official newspaper El Peruano, the government said the exploitation, storage and transportation of large-scale mining could be restarted, as well as key construction projects, some related to hydrocarbons. Peru is the world's second largest producer of copper and is heavily dependent on the sector for economic growth.

This is debatable, but the 2020 NBA draft class arguably looks strongest in the backcourt. More specifically, it seems capable of filling several starting spots and key reserve roles at lead guard if enough of its prospects pan out...

BHP Group (NYSE: BHP) late Monday maintained its iron ore outlook.Production and OutlookBHP iron ore production for the third quarter increased 7% year-over-year to 60.03 kt with record production levels at Western Australian Iron Ore, the company said in a press release. BHP maintains the iron ore production guidance for 2020 financial year between 242 and 253 Mt.With petroleum production recording a 13% dip in the third quarter, 2020 guidance is expected to be at the bottom range of 110 to 116 MMboe.Energy coal production was down 18% and guidance for the same is currently under review as Cerrejon coal mine in Columbia is on brief care and maintenance to contain the COVID-19 epidemic.Steel production, excluding China, is seen to narrow by a double digit percentage in 2020 as steel makers from across Europe, the Americas, India and Japan are under shutdowns or curbed productions for the June quarter.CEO commentsBHP CEO Mike Henry said that while Chinese demand has built up in the recent weeks, the June quarter would experience narrowing demand from the U.S., Europe and India. Also, capital and exploration guidance for the 2021 financial year is expected to be lower than the current guidance of around $8 billion.BHP's stock closed Monday 3.2% lower at $38.77 per share and ticked lower another 2.2% in after-hours trading.See more from Benzinga * Wynn Resorts CEO Says Casino Prepared To Reopen In May With Thermal Cameras, Social Distancing * United Strikes Sale-Leaseback Deal On 22 Planes As Pandemic Shrinks Flights By 90% * Elliott Management's 'Gut Tells' Them Global Stocks Might Lose 50% In Value From February Levels(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

The historic US-China Phase One trade agreement signed in January will fall well short of its 2020 targets, with dramatic implications for bilateral relations and the global energy sector.

Oil prices have turned around dramatically in the past month. There are three primary reasons for this.

Mining minister Baldo Prokurica, in an interview with Emol TV, credited both public and private measures aimed at protecting workers with the industry´s resilience even as the virus has ravaged other parts of Chile´s economy. "One realizes that Chile has been one of the countries that will be least hit by this pandemic," Prokurica told the web news broadcast. Prokurica said official statistics from Chile state copper agency Cochilco estimate a total reduction in output of about 63,300 tonnes, or approximately 1% of the country´s annual production.

BHP Group (BHP) reports a 3% rise in iron ore production in the nine month period ended Mar 31, 2020 and also upholds its iron ore production guidance for the fiscal.

How much will US Lower 48 liquids supply fall in response to low prices? The question keeps coming to us from all around the world. Cutting the legs from under tight oil became a goal of the price war after the March OPEC+ meeting fell apart.

BCCI doesn't allow Indian cricketers to play in foreign T20 leagues like Big Bash League (BBL), Caribbean Premier League (CPL), T20 Blast (England), Super Smash (New Zealand), Bangladesh Premier League (BPL) and others.

Brent crude futures were up 5.5 per cent, or $1.49, at $28.69.

Peruvian copper mine Antamina, owned by global miners BHP and Glencore, on Monday reported 210 positive cases of coronavirus. The company said in a statement it discovered the cases while conducting 600 tests on its staff and contractors, 500 of which have been returned by the laboratory. It said that 87% of the positive cases were asymptomatic while those with signs of Covid-19 mostly had mild symptoms.

Top Research Reports for Amgen, BHP, Altria & Others

Winners will use the crisis to redefine their reasons for being and their basis for distinctiveness.

Collapsing demand for zinc caused by the novel coronavirus will swamp supply cuts from major producers Peru and India this year and leave the market with a massive surplus that will weigh on prices of the material used to galvanise steel. This has pushed benchmark zinc prices down about 18% this year to around $1,920 per tonne. "With zinc you have a big demand problem and unless you see far more cuts in supply we are still expecting a healthy surplus this year," said Colin Hamilton, analyst at BMO Capital Markets.

The copper market will see a supply glut of 200,000 tonnes this year as the economic impact of coronavirus hits global demand for the metal, a Chilean industry group told Reuters. Diego Hernandez, president of Sonami, an association of mining companies with operations in top producer Chile, said both supply and demand would drop as the global economy falters. The association anticipates supply to fall by 3%, which, combined with a decline in scrap metal recovery, would leave a balance of 200,000 tonnes, Hernandez said.

Sharp fall in oil prices is opportunity for Union government to increase stockpile, achieve a degree of energy security

South Korea's stock market has bounced back harder amid the coronavirus pandemic than any other major bourse in the world, and bond inflows lead Asia, as investors bet Seoul's handling of the crisis will see it through sooner and stronger than others. Asia's fourth-largest economy is among the first countries to bring a major outbreak of the virus under control, with a vigorous without mandatory lockdowns or a gigantic debt-funded rescue package. With one of the world's most vigorous testing regimes and social distancing campaign in place, South Korea's confirmed cases of the virus have been kept to less than 11,000 so far, with 240 deaths.

When deals dry up, there's bad times ahead.

KRP earnings call for the period ending March 31, 2020.

In this post, I construct an end-to-end Apache NiFi pipeline with my R package yorkr. This post is a mirror of my earlier post Big Data-5: kNiFing through cricket data with yorkpy based on my Python package yorkpy. The  Apache NiFi Data Pipeilne  flows all th…

Just like former NBA players have retired and come back to buy into an NBA team, Dennis Schroder has done the same with his hometown professional team in Germany. Löwen Braunschweig was the first professional team Schroder ever played for. Now, ten years late…

Cricket Australia has said it is planning for the tournament to start in October but Chief Executive Kevin Roberts conceded last week that the entire international schedule in 2020 is up in the air due to the virus.

Tallying some of the recent shale production cuts.

Gainers • Cleveland-Cliffs, Inc. (NYSE:CLF) shares moved upwards by 7.23% to $3.78 during Friday's pre-market session. According to the most recent rating by Credit Suisse, on Apr 15, the current rating is at Neutral.• ArcelorMittal, Inc. (NYSE:MT) stock rose 5.93% to $9.64. The most recent rating by KeyBanc, on Mar 24, is at Overweight, with a price target of $13.• Alcoa, Inc. (NYSE:AA) stock rose 5.89% to $7.37. The most recent rating by Citigroup, on Apr 7, is at Neutral, with a price target of $7.• Teck Resources, Inc. (NYSE:TECK) stock increased by 5.74% to $8.29. The most recent rating by B of A Securities, on Mar 31, is at Neutral, with a price target of $8.• Freeport-McMoRan, Inc. (NYSE:FCX) shares rose 5.28% to $7.98. According to the most recent rating by Barclays, on Apr 16, the current rating is at Overweight.• BHP Group, Inc. (NYSE:BHP) stock increased by 5.08% to $40.57. According to the most recent rating by Argus Research, on Mar 3, the current rating is at Hold.• United States Steel, Inc. (NYSE:X) stock moved upwards by 4.75% to $6.83. The most recent rating by GLJ Research, on Apr 15, is at Sell, with a price target of $3.• Rio Tinto, Inc. (NYSE:RIO) shares moved upwards by 4.67% to $48.66. According to the most recent rating by BMO Capital, on Apr 1, the current rating is at Outperform.• BHP Gr, Inc. (NYSE:BBL) stock moved upwards by 4.19% to $33.07.• Mosaic, Inc. (NYSE:MOS) stock rose 3.97% to $11.26. The most recent rating by Susquehanna, on Apr 9, is at Positive, with a price target of $15. Losers • Gulf Resources, Inc. (NASDAQ:GURE) stock fell 21.82% to $3.01 during Friday's pre-market session.• Yamana Gold, Inc. (NYSE:AUY) shares declined 6.29% to $4.10. According to the most recent rating by Stifel, on Feb 11, the current rating is at Buy.• Endeavour Silver, Inc. (NYSE:EXK) stock fell 5.66% to $1.50. The most recent rating by H.C. Wainwright, on Apr 13, is at Buy, with a price target of $3.• Gold Fields, Inc. (NYSE:GFI) stock decreased by 5.37% to $6.34.• Coeur Mining, Inc. (NYSE:CDE) stock decreased by 5.24% to $4.07. The most recent rating by B. Riley FBR, on Apr 14, is at Buy, with a price target of $13.• DRDGold, Inc. (NYSE:DRD) shares decreased by 4.70% to $8.32. The most recent rating by H.C. Wainwright, on Feb 14, is at Buy, with a price target of $9.• Barrick Gold, Inc. (NYSE:GOLD) shares fell 4.56% to $23.86. The most recent rating by Deutsche Bank, on Mar 26, is at Buy, with a price target of $25.• Anglogold Ashanti, Inc. (NYSE:AU) stock declined 4.46% to $21.87. According to the most recent rating by UBS, on Feb 6, the current rating is at Neutral.• Newmont, Inc. (NYSE:NEM) stock decreased by 4.40% to $57.30. The most recent rating by Barclays, on Apr 16, is at Equal-Weight, with a price target of $58.• Kinross Gold, Inc. (NYSE:KGC) shares fell 4.31% to $5.88. The most recent rating by Credit Suisse, on Jan 23, is at Neutral, with a price target of $5.See more from Benzinga * Stocks That Hit 52-Week Highs On Thursday * 7 Basic Materials Stocks Gaining In Thursday's Pre-Market Session * 10 Basic Materials Stocks Moving In Wednesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Moody's Investors Service ("Moody's") has today downgraded Petra Diamonds Limited's (Petra) corporate family rating (CFR) to Caa3 from Caa2 and its probability of default rating (PDR) to Ca-PD from Caa2-PD. Moody's has also downgraded to Ca from Caa3 the rating on the $650 million guaranteed senior secured second lien notes due in May 2022 issued by Petra Diamonds US$ Treasury Plc, a wholly owned subsidiary of Petra. Moody's has downgraded Petra's ratings following the company's decision to suspend the semi-annual coupon payment on the notes that was due on 1 May 2020.