Gold’s retreat, rising copper inventories and elevated oil prices are testing mining economics. Today’s Assay examines Newmont’s $4.8 billion Red Chris decision, the Highland Valley copper strike and the growing divide between uranium contract prices and mining equities.
Market Intelligence
The $3,600 Question: How Gold’s Pullback and Newmont’s Red Chris Evaluation Redefine Mining Capital Allocation
Gold's 26.8 percent retreat on the London Fixing is testing transaction assumptions, but Eldorado-Foran, Zijin-Allied, and Newmont's $4.2–$4.8 billion Red Chris block-cave evaluation show why cycle…
