Centerra exceeds production guidance, expects up to 820,000 oz this year

Codelco chairman, Oscar Landerretche, wants the government to scrap the country’s Copper Law, which forces the firm to give 10% of its annual export revenue to the Armed Forces.

Platinum hits record discount against gold price and palladium already down 16% in 2016, despite record setting global auto sales.

New climate change regulations are believe to be the main challenge for Canadian businesses this year.

The miner has finally completed the sale of assets from its Tarmac joint venture to a subsidiary of French engineering and construction group Bouygues.

It mined 7.2 million ounces of silver last year, or about the same than in 2014, but gold output fell 4% to 60,000 ounces.

The decision comes after more than a year of confrontations with the Greek government that included permits being revoked and delayed several times.

Figures include 520,695 ounces of gold from the Kumtor mine, in the Kyrgyz Republic, and 16,226 ounces of gold from the Boroo mine, in Mongolia.

Gold has experienced five bear and bull cycles since the 1970s – if history is a guide the current down leg could be in its final months.

Gold is the big exception with managed money futures investors slashing bearish bets on the gold price by 44%.