Kitco News speaks with Bear Creek Mining chairman Catherine McLeod-Seltzer to see how she sees the industry set up for 2015. "A lot of write-offs were taken in the industry," she says. "But I think people are ready for a fresh start. They see reasons why metals prices have bottomed and may start to move up," she adds. According to McLeod-Seltzer, the industry is just in a cycle and she thinks it has bottomed. "The price has been within a range quite stable, so I think that’s part of the bottoming process. And I do know that we consume 90 Moz/year of our reserves as an industry, and we're not replacing them," she says, adding that prices need to move higher in order to support the struggling mining companies. (2/27/15)
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