礦業市場 - 馬來西亞
Malaysia Mining 2019
|出版商||Fitch Solutions, Inc.||商品編碼||241541|
|出版日期||內容資訊||英文 47 Pages
|礦業市場 - 馬來西亞 Malaysia Mining 2019|
|出版日期: 2019年07月23日||內容資訊: 英文 47 Pages||
Over a multi-quarter horizon, we expect that gold prices will grind higher very gradually and we forecast an average of USD1,300/oz in 2019 and USD1,350/oz in 2020. Prices will be underpinned by a topping out of US real interest rates, itself caused by a combination of slower economic growth, a stalling in the Fed's hiking cycle and an acceleration in the pace of inflation from currently weak levels.
We forecast Malaysia's overall gold production to average an annual growth of 5.2% during 2019-2028 to total 0.26 million ounces in 2028. This is still a significant slowdown from the growth of 6.2% during 2008-2017.
In February 2019, Monument Mining Ltd. announced the results of a positive feasibility study on its 100%-owned Selinsing Gold Mine in Pahang State, including the Selinsing deposit, and the adjacent Felda and Buffalo Reef deposits. The feasibility study establishes the economic viability of the project for a six year life of mine through the extension of the existing oxide plant to incorporate additional sulphide ore extraction.