Top forecaster lowers gold price predictions
Underlying trend is still in tact but there's little upside for gold from current levels.
Latest Stories
Gold price rally biggest since Brexit
Two sets of surprising US economic numbers spark biggest jump in gold price since June's shocking UK exit from Europe.
Zinc, it never rains but it pours
What will happen is that no major in the mining industry shall consider new investments until prices breach $1.20.
Enbridge to buy Spectra Energy for $37 billion
North America’s biggest energy infrastructure company.
Endeavour Mining to pour first gold out of new African mine next year
Once the open pit Houndé mine is operational, Endeavour will add 190,000 ounces to its gold output per year.
Suncor Energy and Fort McKay First Nation announce agreement for equity partnership in East Tank Farm Developments
Under the terms of the agreement, Fort McKay First Nation will pay 34.3% of the actual capital cost of the East Tank Farm Development once the assets become operational, which is currently anticipated to be in the second quarter of 2017.
Eldorado Gold exits China, sells Jinfeng mine for $300 million
The move marks the Vancouver-based miner exit from China.
Zinc price rally may have gone too far
Current price could bring idled production back and bulky new projects are coming online soon.
Codelco warns strike at Salvador mine risks division’s future
Salvador, Codelco’s smallest operation, has been battling to turn a profit after dwindling ore grades pushed up production costs.
