Daily FNArena News

Northern Star Resources has suspended guidance as its mines down-shift operations. Longer-term, brokers assess the performance will depend on progress at Pogo and expansion of the Kalgoorlie Super Pit.

Gold equities have suffered from the liquidity-driven global sell-off over recent weeks but several brokers suggest the outlook is much brighter, as flight-to-safety concerns take over.

Gold explorer MinRex Resources which holds ground just a few kilometres to the north-east of the $1.2bn capped Silver Lake Resources’ gold and copper Deflector Mine, is set to release new exploration results at its Deflector Extended Gold Project at Gullewa in Western Australia.

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

A glance through the latest expert views and predictions about commodities. Iron ore; manganese; and oil & gas.

A glance through the latest expert views and predictions about commodities. Base metals; cost curves; lithium; and mine closures.

Cochlear is raising equity to preserve liquidity, placing the business on the front foot for a recovery once the deferral of non-essential surgery has passed.

Analysts argue Australia’s banks are in a much better position to weather this storm than they were in 2008, and have been oversold on that basis.

South Africa has become the latest jurisdiction to impose a wide-ranging lock-down, affecting the outlook for the South32 manganese operations.

Ahead of the Herd’s Rick Mills discusses what the virus and the US response imply for the price of gold, as well as silver and copper.