LONDON, 8 January 2024 - Data and analysis from BullionVault features today in a report on gold's prospects for the year ahead from Interactive Investor, the UK investment trading platform.Among private investors, "High interest rates and record-high gold prices [have been] deterring new buyers," the article quotes director of research Adrian Ash."In contrast, central banks led by China continue b...Read More
LONDON, 5 January 2024 - Analysis from BullionVault tonight leads the latest gold-price report from leading US financial news-site MarketWatch.Having slipped all week despite the Israel-Hamas conflict spreading, and then falling on today's strong US jobs data only to surge on weak ISM services-sector figures, "Friday's big swings in gold show how, for now at least, Fed policy trumps geopolitics in...Read More
Early 2022 has brought the most traumatic events in Kazakhstan’s 30 years of modern independence. Widespread protests and civil unrest led to unprecedented scenes of violence on the country’s streets. Especially in Almaty, the largest city. More than 225 lives have been lost.What began as peaceful demonstrations against a sharp increase in the price of LPG fuel in resource-ri...Read More
This webinar is open to Wood Mackenzie clients with the following subscription ONLY:Asia Pacific Power ServiceAsia Pacific Renewables ServicePlease register with your business email if your company has access the subscription above. Successful registration is based on email domain detection. Feel free to contact angel.hang@woodmac.com or luis.catalan@woodmac.com if you have any questions or e...Read More
This session will provide you with an understanding of the key deliverables of Wood Mackenzie's Copper Mine Cost Service, how to access and use them to:Analyse copper mines cost and look at the global cost curveBenchmark the mines using various production related metricsRegister nowPlease click on the relevant link below to register for the session of your interest.Tuesday, 5 December 2023 - 4pm L...Read More
Metals Market Service - CopperThis session will provide you with an understanding of the key deliverables of Wood Mackenzie's Metals Market Service - Copper, how to access and use them to get information and analysis of global copper market, looking at the supply, demand and price.Register nowPlease click on the relevant link below to register for the session of your interest.Monday, 4 December 20...Read More
Metals Market Service - CopperThis session will provide you with an understanding of the key deliverables of Wood Mackenzie's Metals Market Service - Copper, how to access and use them to get information and analysis of global copper market, looking at the supply, demand and price.Register nowPlease click on the relevant link below to register for the session of your interest.Thursday, 30 November...Read More
Both nickel and copper possess properties that give them a central role in the drive for a greener future. While demand from existing use cases will continue to grow steadily, electric vehicle (EV) and energy storage applications will underpin a huge increase in long-term demand.At the recent Future Facing Mined Commodities Forum, we looked at the importance of these two metals for the energy tran...Read More
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(IDEX Online) - Debswana has approved a $1bn investment to enable underground mining at Jwaneng, its biggest deposit.Work will start in May on a drilling platform for the comprehensive sampling of kimberlite pipes, it said today (10 January).Jwaneng opened in 1982 as an open pit operation run by Debswana, a 50:50 joint venture between De Beers and the Botswana government. Open pit operations...Read More
(IDEX Online) - Sarine and GCAL are opening a new grading lab in Surat, India, after the companies merged last year.Sarine, the Israel-based diamond tech business known for its Galaxy mapping systems, acquired a 70 per cent stake in US-based GCAL (Gem Certification & Assurance Lab).GCAL currently operates just one lab, at its New York base. Sarine said the merger would allow GCAL to expand its...Read More
(IDEX Online) - GIA says it aims to combat "cloned diamond" fraud by offering same-day verification of its inscriptions.The move comes as an increasing number of lab growns are being fraudulently submitted for re-grading. They are cut to match the specifications of natural diamonds that have already been graded and inscribed with either with a GIA number (genuine or fake).GIA says that from next w...Read More
(IDEX Online) - De Beers is resuming its rough diamond auctions next week for the first time since last September.The UK-based miner cancelled the online sales during its 9th and 10th sales cycles as demand slumped globally.Al Cook, CEO, said at the time that De Beers was suspending the auctions to help "re-establish equilibrium between wholesale supply and demand".The first rough auction of 2024...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EST.Lennar added $1.65 to $149.81 after the company raised its dividend by 33%. The company also increased its share buyback program to $5 billion.Juniper Networks another added $0.21 to $37.02 after the company confirmed receipt of a cash offer by Hewlett Packard Enterprises to purchase the company fo...Read More
What happened to Boeing, the former gold standard of American industry? Nothing good, as I'll show you today.Simply put, Boeing isn't the company it used to be.By now, I'm sure you've heard about the Jan. 6 near crash of a Boeing 737 Max 9 operated by Alaska Airlines, after the fuselage door blew off the plane. That caused decompression and the use of emergency oxygen.The door blew out because of...Read More
CHEYENNE, Wyo., Jan. 10, 2024 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the "Company," "we," "us" or "our"), a gold development and exploration company, today issued a CEO update outlining its recent and expected milestones, as it continues to advance its assets and projects (the "CEO Update") in 2024.Operational and strategic highlights follow:CK Gold ProjectAnticipated Permit Approval H1...Read More
Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) completed geotechnical fieldwork to support an upcoming preliminary feasibility study (PFS) on its Wicheeda rare earth element (REE) project, according to a December 28, 2023 report by Mark Reichman, Managing Director at Noble Capital Markets. The PFS remains on track for release in the second quarter of 2024.The Phase III results build on po...Read More
Global Analyst Adrian Day takes a look at what changes may lie ahead in the coming year, and how his "current positions" portfolio fits with this anticipated scenario.As the New Year gets underway, it seems appropriate to write about changes we see in the year ahead. It is important to make note that this is not so much a forecast as an assessment of probabilities. Also, of course, the turn of the...Read More
(IDEX Online) - The CEOs of De Beers and Signet Jewelers met this week in Botswana to discuss future collaboration opportunities.Al Cook and Gina Drosos met their teams at Jwaneng, the world's most valuable diamond mine, and at Signet's dedicated diamond polishing factory, which employs over 200 people.They are working together to identify opportunities to promote the positive economic i...Read More
(IDEX Online) - India's Titan Company saw revenue from its jewelry stores rise by 23 per cent during Q3, driven by increasing consumer confidence and moderate price rises. Earnings from CaratLane, the e-tailer now owned almost entirely by Titan, were up by 31 per cent year-on-year, according to a quarterly update which provided percentage increases but not actual revenues.Titan, which wa...Read More