The recent Covid-19 pandemic has taken the whole world by surprise and the financial markets are beginning to feel the effects. After closing at a record high of $29,551.42 on February 12th, it opened March 30th at $21,678.22, dropping a staggering 26.6% in just over a little more than a month.
A phased restart of mining operations is set to begin on July 17th, according to the Ontario-based gold mining company, Harte Gold. After acquiring the funds they needed due to liquidity and Covid-19 related issues, they expect to recall their entire workforce and be fully operational by the end of the month.
Ever since 1995, Canada has officially recognized February as Black History Month; in honor and recognition of all people of African descent that have been an integral part of shaping Canada as we see it now.
The threat of a Corona virus epidemic impacts more than simply our health; the potential outbreak has led to global economic uncertainty and has put markets in disarray.
Recently the unemployment rate in Canada (13.0%) and the United States (14.7%) has hit an all-time high since 1984.
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