2015 Mining Review by ICMM

The International Council on Mining and Metals (ICMM) was established in 2001 to act as a catalyst for performance improvement in the mining and metals industry. ICMM is a membership organization, led by the CEOs of many of the world’s largest mining and metals companies and associations. ICMM is committed to enhancing environmental stewardship, human well-being and the role of mining and metals in society. – www.icmm.com.

They have just released their 2015 Annual Review: A global approach to collaboration, outlining industry leading work on water management, climate change, engagement with Indigenous Peoples and responsible sourcing.

The review examines the progress being made to improve performance in the mining and metals industry through closer global collaboration. ICMM chair Andrew Michelmore (CEO, MMG) notes that ‘[o]ver the last 15 years, ICMM has fostered significant progress in raising standards within the mining and metals industry: through leading practice guidance, policy engagement and collaborative partnerships. These are essential tasks and, throughout this report, we illustrate the positive steps the industry has taken.’

To obtain the report just click here or visit their website (above).

What to expect from gold in 2016

The World Gold Council just published their review of gold’s performance during 2015, examining the factors that may influence gold in 2016.

According to the World Gold Council’s report, the effect that US rates have had on the gold price is overdone and may take a back seat in 2016. Amid expensive stock valuations and high market risks, gold’s role as a portfolio diversifier and tail risk hedge is particularly relevant.

Their report is available here or at their website.