Which commodities will do the best in 2017? The question is loaded, but mining industry experts at this year’s Vancouver Resource Investment Conference (VRIC) did their best to answer it. The majority said they are most optimistic about gold, but many also said they see silver, uranium, copper and zinc doing well this year. Economic and political unrest are expected to support the precious metal…

Zinc was the second-best performing commodity in 2016, with a staggering 65.7% return. The greyish metal primarily used in galvanizing steel is off to a hot start in 2017, up another 12.5% to $1.30/lb. “For us zinc is still the most exciting story out there “ Don Lindsay, President and CEO, Teck (January 26, 2017) The reason for the zinc price rise is one of the basic principles of econom…

Gold’s had a roller-coaster year, surging as much as 30 percent before giving up the bulk of those gains. But one trend has been consistent: mining companies are finding it harder to dig up more of the precious metal. Dwindling discoveries Even though producers’ exploration budgets surged more than 10-fold to $6 billion a year in the decade to 2012, new finds are in decline. The amount of go…

In more ways than one, 2016 was a roller coaster year. One need only look at gold’s performance to confirm this. After rallying more than 30 percent in the first half, the precious metal stalled in the days before the U.S. election, then retreated on a weekly basis, under pressure from a strengthening dollar and tightening monetary policy. Gold is now down more than two standard deviations from…

Participants from 76 countries recently attended the largest mining investment conference Mines and Money London held in the city. Present at the event was Director General of Avellana Gold Brian Savage. «This format helps us exchange experience with key players on the market, discuss and assess new investment prospects in mining», - Brian Savage said. During the event the main trends on r…