The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Most metals analysts predict more pain for the sector before base, precious metals prices tick upward during second half of 2016
The mining sector entered 2015 in the midst of a deep bear market, and conditions grew worse as the year wore on. Metals prices continued a multi-year downward trajectory, dragging the market value of miners and explorers along with them.
With continued slow growth in China and a strengthening U.S. dollar, most analysts don't see the plight of the mining sector improving much in 2016.
"Commodities...
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