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2015 has been a disastrous year for the base metals mining sector largely due to the slowing in Chinese growth. Nickel is seen as being the likely best performer next year after a huge fall in 2014/2015. Prospects for copper are also positive in 2016 ... Read more...
Mu Li, a base metals analyst at commodity consultant CPM Group, is also sanguine. “I don't share the worries that Glencore is going to default,” she says. “It has made great strides in reducing its debt, shutting down mines and making consolidation ...and more » Read more...
Other industrial metals -- though most notably copper -- are also rising as the recent downturn in prices has forced many of the high-cost mines to shutter because their owners could not turn a profit. The news out of Glencore over zinc has also ... Read more...
The company is a precious and base metal exploration and development company with a focus on mineral deposits in north-central Mexico and the southern USA. Its main properties are the Cerro Las Minitas silver-lead-zinc project located in Durango, ... Read more...
Backing this up the GFMS Base Metals Review from Thomson Reuters issued some positive forecasts ahead of the big LME mining shindig in London next week. It expected nickel and copper prices by 9% and 4% in the year ahead, with the latter ...and more » Read more...