0258 GMT - RBC Capital Markets analysts say they are sanguine on the Australian mining sector. While commodities have been buffeted by tariff threats and soft economic data, fears of a major global slowdown are overdone, the analysts reckon. They revise their commodity forecasts, boosting their price estimates for gold but paring for metallurgical coal and lithium. "We forecast most commodity prices to be flattish/small declines in 2025," with the exception of precious metals, they say. RBC's key stock picks are Fortescue, Sandfire, Pilbara Minerals and IGO as well as Bellevue Gold, Westgold Resources, Regis Resources, South32, Mineral Resources and BHP. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
March 13, 2025 22:58 ET (02:58 GMT)
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