Multi-metals producer Nexa Resources has suspended mining and limited smelting operations in Peru after the local government declared a state of emergency and closed its borders due to the coronavirus (2019-nCoV) pandemic, the company said on Thursday March 19.

While risk-off dominates and even though governments are prepared to throw money at the financial system and into economies and households, the likelihood is that more factories will close, household spending will fall, as will demand for raw materials, but there may be some dead cat bounces along the way.

A round-up of the London Metal Exchange three-month base metals price movements following the outbreak and subsequent spread of the novel coronavirus (2019-nCoV).

Chilean copper miner Codelco will reduce its operations to comply with a state of emergency announced by the government in an attempt to curb the spread of the novel coronavirus (2019-nCoV), the state-owned company said on Wednesday March 18.

Base metals prices on the Shanghai Futures Exchange were down across the board at the close of morning trading on Wednesday March 18, with the complex still under the influence of heightened risk aversion stemming from the spread of the novel coronavirus (2019-nCoV) and its impact on the global economy.

Newmont will "ramp down" mining at its Yanacocha asset in Peru after the country moved to restrict travel amid global contagion over the Covid-19 coronavirus (2019-nCoV) spread, it said.

Here are five Fastmarkets stories you might have missed on Monday March 16 that are worth another look.

The Dow Jones Industrial Average Index (DJIA) closed down by 5.9% on Wednesday, and in the pre-market this morning, Thursday March 12, the DJIA futures are down by around 4.4% - such is the continued fear in the market.

Here are five Fastmarkets stories you might have missed on Tuesday March 10 that are worth another look.

Here are five Fastmarkets stories you might have missed on Friday March 6 that are worth another look.