Cameco may cut uranium output further as demand stalls

Gold's nearly $100 jump early on and copper's 4.5% meltdown split mining investors' Brexit fortunes.

Beijing's already cut coal miners working hours by 16% and plans to eliminate 500 million tonnes of coal capacity within just 3–5 years.

Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.

With prices set to double by 2018, we've seen the bottom of the uranium market, and the negative sentiment that has followed this resource around despite strong fundamentals, is starting to change.

Gold is up more than 20% in 2016 but gold mining equities have doubled and the sector as a whole has returned 53%.

"The long-term market where normally about 150–160m pounds were traded each year – in the last three or four years it’s been about a one third of that."

Zhongjin Gold Corp., Shandong Gold Mining Co. and Zijin Mining Group Co. said to be among potential bidders.

Canada slipped in the Fraser Institute’s global ranking, while Chile remains the most attractive jurisdiction in Latin America.

For private capital mining and metals is the riskiest natural resources sector – but only energy beats the returns.