Val-d’Or, a sub-arctic town in North Quebec,is isolated from the global economic crisis: its economy is booming; fueled by rich gold deposits from the massive Canadian Malartic mine – and gold prices are surging, having reached over $1800, up from about $1300 last year.
Rising precious metal prices are changing the entire economics of mining because they reduce cut-off grades and make previously unviable orebodies economic, while drill results that may have been mediocre at US$1,400 gain attraction as prices rise, allowing junior exploration companies to tap new investment.
As multinationals look to diversify their supply chains and manufacturing facilities out of China, foreign investment in ASEAN is expected to accelerate. The industrial real estate sector should see strong growth across the region, particularly in Vietnam, where the supply of ready-built factories and warehouses is expected to increase by over 25 percent this year.
Access Asia Group is pleased to announce the launch of Access Mining – among the only corporate intelligence practices devoted to the mining sector.
SINGAPORE: Access Asia Group (“AAG”) is pleased to welcome George McLeod as a new Managing Partner. George will be based in between Thailand and Canada and will drive AAG’s continued expansion as a leading investigations provider. He brings over 20 years’ experience to AAG that includes serving as PwC’s regional head of Corporate Intelligence. He also served as a financial journalist and a United Nations spokesman. “We are thrilled to bring George on board. Access Asia Group is a fast-growing firm in the investigative due diligence sector; positioned in a region leading the world in growth, innovation and opportunity. George […]
Vietnam has managed to contain COVID-19, lifting social isolation measures and reopening the economy, allowing businesses to resume.
COVID-19 has slowed global trade and disrupted supply chains, starting in China – the “factory of the world” – and resulting in a ripple effect as businesses struggle to source raw inputs. This has had short-term impacts on Vietnam, like everywhere else, but the country is strongly positioned for a rebound as economies restart.
After years of strong growth, the renewable energy sector is set to take a breather – and likely into next year. Immediate demand for energy has collapsed, oil prices have fallen in tandem and capital markets are in turmoil and therefore unlikely to support capital intensive projects.
As world-wide business activity comes to a standstill and Covid-19 dominates global headlines, it is easy to overlook other developments and business deals that are still ongoing.
Indonesia confirmed its first Covid-19 case on March 2 and now has the highest fatality toll from the disease in Southeast Asia – and second only to China in Asia – meaning the country now faces its biggest political and economic challenge since the 1997 Asian Financial Crisis.