During 2016, volatility of commodity prices has continued. Global economic uncertainty has led to various rises and falls during short periods of time. Brexit, the US election (pre and post) and interest rate expectations are but a few factors contributing to these changes. Price assumptions for mining financial models are critical, therefore finding the balance between optimism and pessimism for forecasting continues to be essential for companies.
Within this survey summary, we provide a quick and up to date reference of the industry pricing for gold and copper from the eyes of some of the leading companies in the industry.