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KPI Mining Solutions
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Don't miss this chance to see the future of mine planning. Your resource model will thank you!
This Roundup is brought to you in collaboration with KPI Mining Solutions.
Tin Price On A Multi-year Bull Bun
- BMI, a unit of Fitch Solutions, raised its 2024 tin price forecast to $30,000 per tonne due to supply disruptions in Myanmar and Indonesia, with tin ending August at $32,500/t.
- Tin supply was significantly impacted by Myanmar's Man Maw mine failing to restart and Indonesian export delays, resulting in a 54% year-on-year decline in refined tin exports from Indonesia in H1 2024.
- BMI projects tin prices to continue rising, reaching $45,000 by 2033, driven by increasing demand in electronics and solar panels and a tightening supply due to a limited pipeline of new mining projects.
Editorial: Mining-powered Rockets vs Dockets
- The U.S. has seen only three new mines start production in the last 18 years, highlighting lengthy approval processes that average 29 years from discovery to production, second only to Zambia.
- Despite significant investment in domestic mining projects like Perpetua Resources' Stibnite mine and Lithium Americas' Thacker Pass, U.S. mines face high litigation risks and delays, particularly from conservationist and Indigenous group opposition.
- Canada, while also facing long approval times, offers a more favorable environment for mine development, with fewer legal challenges, making it more attractive to investors than the U.S.
Why Gold Stocks Could Be A Contrarian Investor’s Dream Right Now
- Gold prices have surged above $2,500 an ounce, but gold stocks are trading at historically low valuations, offering a unique opportunity for contrarian investors.
- Rising real yields and a significant selloff in gold ETFs have contributed to this disconnect, as yield-seeking investors moved away from non-interest-bearing gold.
- If the Federal Reserve cuts interest rates as expected, gold prices could soar to new highs, with major banks predicting $3,000 gold by mid-2025.
The latest season of On the Rocks will be starting soon! Want to be a guest, or have a topic you want to know more about?
How do you view the lengthy approval process for new mines in the U.S.?
How do you think the continued record-breaking gold prices will impact the mining industry?
