Geomechanics.io

  • Free Tools
Sign UpLog In

Geomechanics.io

Geomechanics, Streamlined.

© 2026 Geomechanics.io. All rights reserved.

Geomechanics.io

CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

Industries

MiningConstructionTunnelling

Company

Terms of UsePrivacy PolicyLinkedIn
    Projects

    UBS gold price downgrade: planning assumptions and risks for mine projects

    June 16, 2026|

    Reviewed by Joe Ashwell

    UBS gold price downgrade: planning assumptions and risks for mine projects

    First reported on MINING.com

    30 Second Briefing

    Gold prices are forecast by UBS to fall a further $300–$900/oz, with strategists Dominic Schnider, Giovanni Staunovo and Wayne Gordon seeing momentum driving the market towards $3,850–$4,000/oz in the near term after a muted reaction to the US–Iran conflict and stronger-than-expected US jobs data. The bank has already cut its year-end target from $5,900 to $5,500/oz after January’s record near $5,600/oz was largely unwound as higher real yields and a possible Fed rate hike weighed on bullion. UBS remains constructive over 12 months, assuming up to 50 bps of Fed cuts in 2027, continued central bank buying and pressure from US fiscal deficits.

    Technical Brief

    • Strategists attribute selling pressure to a “double whammy” of resilient US labour data and delayed easing.
    • Higher US real yields are identified as the primary macro driver displacing conflict-related safe-haven flows.
    • A possible Federal Reserve rate hike as early as December is now embedded in UBS’s scenario.
    • UBS links the “muted response” to US–Iran escalation directly to profit-taking by existing long positions.
    • Long-term constructive stance is explicitly tied to up to 50 bps of Fed cuts in 2027 and below-trend US growth.

    Our Take

    The same gold-price volatility that UBS highlights is underpinning interest in downside-protected exposure such as the US$440 million Ravenswood gold stream acquired by Triple Flag Precious Metals, signalling that royalty/streaming finance may remain attractive while spot pricing is uncertain.

    With only a handful of gold-price pieces in our recent coverage compared with project-level items, this UBS call is one of the clearer macro signals that mine planners and lenders are likely to plug into reserve-price and cut-off grade assumptions for upcoming feasibility updates.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Mining
    about 3 hours ago

    Aitik environmental permit renewal: tailings and water design notes for engineers

    Boliden’s Aitik open-pit copper mine has secured a renewed environmental permit from Sweden’s Land and Environment Court, authorising continued production of up to 45 Mt of ore per year. The decision also approves specified methods for staged tailings dam raising and revised water management practices, giving regulatory backing to Aitik’s long-term waste storage and process water handling strategy. For geotechnical and process engineers, the ruling provides clarity on allowable dam construction techniques and water balance controls for one of Europe’s largest copper operations.

    Ucore–Sumitomo rare earth deal: supply chain and offtake lens for project teams
    Mining
    about 3 hours ago

    Ucore–Sumitomo rare earth deal: supply chain and offtake lens for project teams

    Ucore Rare Metals has signed a framework agreement with Sumitomo Corp. to secure rare earth feedstock and offtake for Ucore’s Louisiana strategic metals complex (SMC) at England Airpark, Alexandria, which broke ground in May 2025 and will produce high-purity rare earth oxides from multiple global concentrate sources. The deal pairs Ucore’s RapidSX separation technology with Sumitomo’s sourcing, logistics and Japanese market access, with Sumitomo acting as distribution partner for selected middle and heavy rare earths for high-performance magnet and advanced materials users. Ucore also plans to integrate its 100%-controlled Bokan-Dotson Ridge heavy rare earth project in Alaska into this supply chain over the longer term.

    AbraSilver’s La Coipita copper-gold: drill results and JV lens for mine planners
    Mining
    about 3 hours ago

    AbraSilver’s La Coipita copper-gold: drill results and JV lens for mine planners

    AbraSilver Resource has reported its best intercept to date at the Teck-funded La Coipita copper-gold porphyry in San Juan, with hole DDH-LC26-010 cutting 747.5 m at 0.69% Cu, 0.06 g/t Au and 142 ppm Mo from 396 m, including 108 m at 1.06% Cu. A second mineralised centre at Yaretas Sur, 1.9 km south, returned 42 m at 1.03% Cu, 0.63 g/t Au and 41 g/t Ag from 264 m, supported by a new magnetotelluric survey suggesting southern extensions. Teck has now drilled 11,270 m in 19 holes and spent about US$23 million, exceeding the US$20 million earn-in threshold toward an 80–20 JV.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.

    AllGeotechnicalMiningInfrastructureMaterialsHazardsEnvironmentalSoftwarePolicy