What to expect for 2016: Top predictions for the mining industry

By Cecilia Jamasmie / December 22, 2015 / www.mining.com / Article Link

Undoubtedly, 2015 will go down in the history books as one of the worst years on record for mining companies, hit by record-low commodities prices that forced them to axe jobs, dividends, production and sell assets.

The main question for next year is whether miners will see the beginning of a recovery phase or they will have to get used to what some describe as the "new normal", characterized by oversupply and weak markets.

While the jury is still out on the issue, most analysts believe that commodities will continue to "bump along the bottom" until there is a pick-up in global economic growth.

Follow the slides to see what the consensus seems to be for some of the most watched commodities:

PreviousNextWhat to expect for 2016: GoldWhat to expect for 2016: GoldWhat to expect for 2016: CopperWhat to expect for 2016: CopperWhat to expect for 2016: Iron OreWhat to expect for 2016: Iron OreWhat to expect for 2016: CoalWhat to expect for 2016: CoalWhat to expect for 2016: DiamondWhat to expect for 2016: DiamondWhat to expect for 2016: CoalWhat to expect for 2016: CoalWhat to expect for 2016: Technology driven eraWhat to expect for 2016: Technology driven era

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