The top 10 trends mining companies will face in the coming year – Deloitte

MINEX FORUM | February 8, 2017
img0 As a result of different dynamics in global supply and demand, mining has evolved from a single industry to a collection of industries. Major producers are planning for a different future than the one that appears on the horizon for most junior explorers, Deloitte notes in its last analysis of the mining sector. These divergent views ...

Gold investments drove price and demand growth – WGC

MINEX FORUM | February 3, 2017
img0 Image: inzoloto.ru World Gold Council published its report “Gold Demand Trends”. A four-year high in investment drove price gains and demand growth. 2016 full-year gold demand gained 2% to reach a 3-year high of 4,308.7t. Annual inflows into ETFs reached 531.9t, the second highest on record. Declines in jewellery and central bank purchases offset this growth. ...

2016 Commodity Waves

MINEX FORUM | January 9, 2017
img0 It was an up and down year for commodities, but things ultimately finished in the black. The S&P Goldman Sachs Commodity Index (GSCI) climbed 10.1% on the year – it was just enough to edge out the S&P 500, which ended 2016 with a 9.5% return. Visualcapitalist.com presented some charts showing changes in mining sector. Winners in ...

“The economic gods are starting to smile for Mongolia”

MINEX FORUM | December 23, 2016
img0 Image: mad.intelligence.com Despite debt downgrade, IMF-led bailout looks realistic as commodities bottom out, said asia.nikkei.com. The international financial community’s confidence in the Mongolian government’s ability to deliver reforms and service its debt may be improving after a long slump. That was the impression left by an investment conference in Tokyo on Dec. 7, attended by foreign ...

Russia to keep the third place in the world gold-production ranking

MINEX FORUM | December 15, 2016
img0 Russia will maintain third place in the list of global gold producers after China and Australia in 2016, the chairman of the Union of Gold Producers of Russia (UGPR) said sputniknews.com We will surely maintain the third position in production of gold from mineral raw materials… we predict that Russia will preserve its third place after China and Australia. At the same time we are very ...

Landslide killed miners in Turkish copper mine

MINEX FORUM | November 21, 2016
img0 Image: mining.com At least five miners are dead and 11 are trapped after a landslide swept through a copper mine in southeastern Turkey. The natural disaster happened late last Thursday at the Madenköy copper mine, located in the Şirvan district of Siirt province, mining.com reported. In a statement, private company Park Elektrik A.Ş. blamed heavy rains for the landslide, and ...