1 REQUEST FOR THE DELIBERATION OF THE INVESTMENT AGREEMENT WITH “ORANO MINING SAS” SUBMITTED TO THE PARLIAMENT WWW.MONTSAME.MN PUBLISHED:2025/01/10      2 DRAFT RESOLUTION ON ADOPTING THE GENERAL DEVELOPMENT PLAN FOR ULAANBAATAR UNTIL 2040 SUBMITTED TO THE PARLIAMENT WWW.MONTSAME.MN PUBLISHED:2025/01/10      3 GOVT TO SIGN PACT WITH MONGOLIA SOON IN AREA OF GEOLOGY AND EXPLORATION WWW.BUSINESS-STANDARD.COM PUBLISHED:2025/01/10      4 INDIA TO SIGN MINING PACT WITH MONGOLIA SOON, GOVT SOURCE SAYS WWW.REUTERS.COM PUBLISHED:2025/01/10      5 CHINESE STATE-SPONSORED REDDELTA TARGETED TAIWAN, MONGOLIA, AND SOUTHEAST ASIA WITH ADAPTED PLUGX INFECTION CHAIN WWW.RECORDEDFUTURE.COM PUBLISHED:2025/01/10      6 MONGOLIA STEPS UP ITS TIR TRANSIT GAME WWW.IRU.ORG PUBLISHED:2025/01/10      7 UNITED STATES DONATES 2000 MEDICAL DEVICES TO MONGOLIA TO HELP COMBAT FLU-LIKE ILLNESS WWW.GOGO.MN PUBLISHED:2025/01/10      8 PERFORMANCE MONITORING UNIT UNDER THE PRIME MINISTER TO ACCELERATE EFFORTS IN REDUCING AIR POLLUTION AND TRAFFIC CONGESTION WWW.MONTSAME.MN PUBLISHED:2025/01/08      9 GOVERNANCE OF STATE-OWNED ENTERPRISES TO BE IMPROVED WWW.MONTSAME.MN PUBLISHED:2025/01/08      10 NUMBER OF MONGOLIAN LIVESTOCK REACHES 57.6 MILLION AT THE END OF 2024 WWW.AKIPRESS.COM PUBLISHED:2025/01/08      “XANADU MINES” КОМПАНИ A$0.055-ЫН ҮНЭТЭЙ, 26.5 САЯ ХУВЬЦААГАА “JINPING MINING”-Д ЗАРЛАА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/01/10     ЭКСПОРТЫН 90 ХУВИЙГ ЭЗЭЛДЭГ УУЛ УУРХАЙН САЛБАРЫГ ДОТООДЫН ҮЙЛДВЭРЛЭГЧИД ӨСӨЛТИЙН ХӨШҮҮРГЭЭ БОЛГОХ ПОТЕНЦИАЛ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/01/10     Н.УЧРАЛ: УРАНЫ ТӨСЛИЙН АЖИЛЧДЫН ДУНДАЖ ЦАЛИНГ ₮7-12 САЯ БАЙХААР ХЭЛЭЛЦСЭН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/01/10     ИМПОРТ ӨМНӨХ ОНЫ МӨН ҮЕЭС 25.5 ХУВИАР ӨСЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/01/10     “ОРАНО МАЙНИНГ САС” ХӨРӨНГӨ ОРУУЛАЛТЫН ГЭРЭЭГ ЗӨВШИЛЦӨХ САНАЛЫГ УИХ-Д ХҮРГҮҮЛЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/01/10     ЭНЭ ОНД 35 ХҮРТЭЛХ НАСНЫ ИРГЭДИЙГ ИПОТЕКИЙН ЗЭЭЛД ШУУРХАЙ ХАМРУУЛНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/01/10     УЛААНБААТАР 2040: 14 ХОТЫГ ТӨЛӨВЛӨН ХӨГЖҮҮЛЖ, ДЭД ТӨВ БАЙГУУЛНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/01/10     МХБ: 2024 ОНД 47 ХУВЬЦААТ КОМПАНИ НИЙТ ₮1 ИХ НАЯДЫН НОГДОЛ АШИГ ХУВААРИЛСАН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/01/08     НҮҮРСНИЙ ХЭРЭГТ УЛС ТӨРД НӨЛӨӨ БҮХИЙ 13 ХҮНИЙГ ЯЛЛАГДАГЧААР ТАТАН ШАЛГАЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/01/08     УУЛ УУРХАЙН ТӨК-УУДЫГ “ЭРДЭНЭС МОНГОЛ”-Д, УУЛ УУРХАЙН БУСУУДЫГ “ЭРЧЭС МОНГОЛ”-Д НЭГТГЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/01/08    

Trump's impact on metals and mining in one chart www.mining.com

 
Ahead of the US presidential election great hopes were pinned on the performance of the gold price should Donald Trump prevail. A few analysts saw a Trump victory sending gold to $1,500 or well beyond.
 
After a brief surge to $1338 an ounce on election night, gold's nearly $180 an ounce collapse has unnerved the entire sector – even those companies enjoying the bounce in base metals that started way before Trump even became the Republican candidate.
 
Gold's now barely hanging on to double digit gains for 2016 and the performance of the metal since Trump's victory has dragged down precious metals. The exception is palladium thanks to its status as an industrial metal mainly used in automobile manufacture. Silver's slide since the election has also been relatively contained – some 50% of silver finds application in industry.
 
While zinc – up 70% since the start of the year after adding another 12% in value since November 8 – would benefit from president elect Trump's $500 billion infrastructure and fiscal stimulus plans, the change in sentiment towards industrial metals is nowhere clearer than in the copper price.
 
The bellwether metal's 2016 performance had been lacklustre compared to zinc, tin (+46% year to date), nickel (+34%) and lead (+28%), but the metal started to move even before the vote and is now 25% to the better for the year.
 
The world's second most traded bulk commodity after oil, iron ore (+16% since the election and 83% year to date) has defied expectations and while the price of the steelmaking raw material is influenced more by stimulus in top consumer China, Trump's infrastructure push should provide some support.
 
US coal prices are off their lows reached in September and October, but despite avowed support from the Trump team the positive impact on the domestic industry from a new administration is seen as limited at best. Seaborne thermal coal prices have also come off the boil, down more than 22% since the election.
 
Oil's resurgence is more an Opec than a Trump phenomenon, but the 13% jump over the past month retaking the $50 a barrel level is helping to bring price inflation across the mining and metals sector.


Published Date:2016-12-07