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Mining Outlook 2017: Riding Out the Bottom

Mining Outlook 2017: Riding Out the Bottom

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While 2017 is set to open with metal prices at significantly higher levels than a year earlier, persistent uncertainty around global economic growth is keeping many mining companies and investors in wait-and-see mode. Prices are not expected to rise much in 2017, but there is a hope that they will consolidate, forming a basis for the beginning of the end of the mining industry's spending freeze. Meantime, miners will continue to optimize operations and projects to increase productivity and improve economics. In Latin America, some countries are in a better position to improve their mining investment attractiveness than others.

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