Aguia Resources Limited (ASX:AGR) is developing its Três Estradas Phosphate Project in the State of Rio Grande do Sul (RS), Brazil, where COVID-19 pandemic is well controlled as the State Government has total responsibility for managing the situation.
A risk matrix for each municipality based on several factors has been developed and the distribution of cases across the state has been mapped by RS State. The data shows no municipalities at high or extremely high risk. Aguia suspended all field activities and the employees have been working from home since the state has entered quarantine.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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