To no one’s surprise, the U.S. Federal Reserve raised interest rates by a quarter point December 14th, the first increase this year. Gold prices have been drifting lower in anticipation of a hike, while the U.S. dollar remains strong. While the market had largely factored in a .25 point increase,
While attending IMARC (the International Mining and Resource Conference) earlier this month, two themes emerged as the future focus of the resource industry: innovation and consolidation. I think these two critical factors will lead the mining industry into the next decade and beyond.