SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: elmatador4/15/2020 1:29:58 AM
   of 13823
 
Mining companies using Covidscare to draw down on stockpiled materials

Just don't tell TJ. He things the materials will vanish from the market and prices will skyrocket

Covid-19: Vale extends care and maintenance at Voisey’s Bay in Canada
mining-technology.com

of course the miners will dress up their actons as "precautions to reduce the spread of the virus while protecting the health and safety of employees."

Newmont... placing operations in care and maintenance to align with government efforts.”...Newmont added that it will closely monitor the progress and outcomes of the fund, so that it could fine-tune and improve results along the way...the company placed four of its operations on care and maintenance as part of its efforts to contain the spread of coronavirus.

Temporary Care & Maintenance Status In The Mining Industry – Loss Control Measures


...preservation of assets is a major concern for mining companies, financiers, shareholders and all other stakeholders involved.

Good, fundamental management programs should not be weakened when the facility is under temporary suspension. To avoid potential losses, it is critical that actions are taken to protect the sites in a thoughtful and deliberate way.”
modernghana.com

that means
Once Covidscare is gone, mines will open without a glitch


Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News