Many governments around the world imposed restrictions and regulations on various industries including mining in order to prevent the increase in COVID-19 cases. Operations in the Americas and Asia were grossly affected and are among the areas that will record the huge decreases in mineral growth and output this year.
The data is in line with a report that was released by Fitch Solutions. The report shows that the production of ores in Peru, Indonesia and China has been affected hugely while Iran, Russia and Australia have only been affected marginally by the COVID-19 disruptions.
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