Moody’s cuts metals price calls amid slowing global growth
Mining News Pro - Credit rating firm Moody’s Investors Service has pared down its 12-month price outlook for a basket of metals and mining commodities, citing a global economic slowdown and softening demand.
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Moody’s warns Chile constitution uncertainty could hit mining investment
Mining News Pro - Investment in Chile’s mining sector could face gridlock if political uncertainty over a new constitution is not resolved, ratings agency Moody’s said on Wednesday, a reflection of industry concerns in the world’s top copper producing nation.
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Moody’s flags significant ESG risks to mining with new ratings
Mining News Pro - Ratings agency Moody’s has released new environmental, social and governance (ESG) issuer profile and credit impact scores for the global metals and mining sector, which could negatively impact companies lagging behind.
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Moody’s says copper price will retreat from January highs
Mining News Pro - Copper prices turned higher again on Wednesday on hopes stimulus in the US will further boost demand for the bellwether metal, already in short supply amid an Asian factory and construction boom and disruptions in top producing countries.
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Moody’s slashes growth forecasts
Mining News Pro - In November, Moody’s Investors Service forecast G-20 economies in 2020 would grow by 2.6%, but now estimates real GDP will contract by 0.5%, followed by a pick-up to 3.2% in 2021.
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Base metals performance to slow in short term, Moody’s predicts
Mining News Pro - Moody’s forecast for the global base metals industry is stable, while it predicts performance to weaken over the next year and a half, Mining Weekly reported Monday.
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