Mining Industry Hopes to Turn It Around in 2017

The video discusses the impact of global events like Brexit and the US election on gold prices, highlighting the uncertainty in the market. It covers the expectations of CEOs regarding gold and base metals, focusing on rebuilding efforts after the 2011 commodity supercycle collapse. The outlook for 2017 includes potential reinvestment and acquisitions, with a mixed forecast for base metals like copper, zinc, and nickel.

What is the general sentiment of gold CEOs regarding the short-term outlook for gold prices?

• Optimistic

• Bearish

• Uncertain

• Neutral

What was a common strategy among mining CEOs after the 2011 commodity supercycle collapse?

• Increasing debt

• Expanding operations

• Shoring up balance sheets

• Raising gold prices

Which company is likely to focus on boosting exploration in 2017?

• Tech Resources

• Barrick Gold

• Newmont

• Lundin Mining

What is the outlook for copper prices according to the CEO of Tech Resources?

• Decreasing rapidly

• Frothy and could slip

• Stable

• Increasing steadily

What challenge might miners face in 2017 due to high grading?

• Increased production costs

• Lower grades of deposits

• Higher demand for metals

• Excessive supply