Digging Deep

Defense Metals in the Media

February 16, 2024

Our 2024 Predictions, Part 2

January 11, 2024

Our 2024 Predictions, Part 1

January 02, 2023

Can Gold Hit $3,000 in 2024?

29 December, 2023

Will Bitcoin ETFs Kill Gold?

November 21, 2023

What's Next for Gold?

06 June, 2023

Platinum and Palladium

February 2022

Transition to Production

June 15, 2021

Silver Suppression?!

February 02, 2021

Gold: Year in Review 2020, and 2021 Outlook

January 04, 2021

Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

AbraPlata: CMR's full analysis of an Argentina focussed gold and silver junior

May 2020

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

A dramatic year for metallurgical coal

November 30, 2017 / www.metalbulletin.com

About a year ago, metallurgical coal embarked on a long journey of great volatility and disruption. It emerged as the best performing commodity in 2016 after several years of declining prices. Prices have dropped and spiked several times since then and the volatility continued in 2017 with a cyclone disrupting the market and eventually also affecting the way the commodity is priced. Although therm...Read More

GLOBAL MARKETS-Dollar pares back after Trump comments; world stocks dip

July 20, 2018 / in.investing.com

* Trump 'not thrilled' about U.S. interest rate hikes* Dollar retreats from year high vs major currencies* Copper hits one-year low as fund selling accelerates* Brent slips as focus returns to oversupply (Updates with close of U.S. trading)By Lewis KrauskopfNEW YORK, July 19 (Reuters) - The U.S. dollar pulled back from year-high levels on Thursday after U.S. President Donald Trump expressed concer...Read More

Responding to rising coking coal prices

November 30, 2017 / www.metalbulletin.com

The past year, soaring metallurgical coal prices have greatly affected the costs involved in producing pig iron, a form of crude iron which is the product of the blast furnace. Metal Bulletin Research's Global Steel Cost Service details how coking coal and coke costs usually averaged around 35% of total pig iron production expenditure in 2014 and 2015 while iron ore stood for the majority of costs...Read More

EU mergers and takeovers (July 19)

July 20, 2018 / in.investing.com

BRUSSELS, July 19 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:APPROVALS AND WITHDRAWALS-- Spanish fashion and cosmetics maker PUIG and German electrical appliances maker Bosch (NS:BOSH) Group's unit BSH to jointly acquire Spanish perfume maker Noustique (approved July 18)-- Metals and commodities company Liberty House G...Read More

GLOBAL MARKETS-Dollar pulls back after Trump comments, world stocks dip

July 20, 2018 / in.investing.com

* Trump 'not thrilled' about interest rate hikes* Dollar retreats from year high vs major currencies* China boosts liquidity, set for more policy easing* Copper hits one-year low as fund selling accelerates (Updates with afternoon trading)By Lewis KrauskopfNEW YORK, July 19 (Reuters) - The U.S. dollar pulled back from year-high levels on Thursday against a basket of major currencies, while U.S. Tr...Read More

US STOCKS-Weak earnings, strong dollar hit large-caps; small-caps gain

July 20, 2018 / in.investing.com

* Strong dollar hits metal prices, could hit results of MNCs* Weak results, flattening yield curve hurt financials* Comcast gains on dropping Fox bid; Fox down, Disney up* Dow, S&P, Nasdaq drop; Small-cap Russell 2000 moves higher* Trump says "not thrilled" about Fed decision to hike rates (Changes comment; adds details, prices)By Amy Caren DanielJuly 19 (Reuters) - U.S. stocks were...Read More

Miners wrote off almost one-third of investments over last decade

July 19, 2018 / www.mining.com

While global miners invested almost $1 trillion in major projects over the last decade, almost one-third of that - $273 billion to be precise - was written off, research from Morgan Stanley shows.In a study carried out in conjunction with PricewaterhouseCoopers (PwC), the American investment bank found that the extent of the write-downs was almost as high as the dividends paid by the world's top...Read More

GLOBAL MARKETS-Dollar hits year high; stocks, copper pull back

July 20, 2018 / in.investing.com

* China boosts liquidity, set for more policy easing* Dollar hits 1-year high against group of major currencies* Copper hits one-year low as fund selling accelerates* Wall Street hit by weak earnings, escalating trade tension (Updates with open of U.S. markets; changes dateline, previous LONDON)By Lewis KrauskopfNEW YORK, July 19 (Reuters) - The U.S. dollar hit a year high on Thursday against a ba...Read More

Gold Continues to Fall as Trade, Jobless Data Weighs

July 20, 2018 / in.investing.com

Investing.com - Metal prices continued to falter on Thursday amid trade concerns and a strengthening U.S. dollar.Comex gold futures for August delivery decreased 0.88% to a one-and-a-half-year low of $1,217.10 a troy ounce as of 10:58 AM ET (14:58 GMT).The precious metal was held back as trade tensions continued after China said the White House was wrong to blame Chinese President Xi Jinping for b...Read More

Wood Mackenzie looks at how the demand for metals will increase with electric vehicle uptake

November 01, 2017 / www.woodmac.com

As electric vehicles have grown in popularity, increasing attention has been placed on raw materials such as lithium, cobalt and nickel for batteries, but the story extends further.Fully electric vehicles will require four times as much copper as internal combustion engine vehicles, and the infrastructure for charging them will see an increased demand for copper or aluminium cables. Also, as...Read More

Needed - upstream strategies to win back investors. Building a case for long term sustainability

May 16, 2017 / www.woodmac.com

 Building a case for long-term sustainability'Underwhelmed' sums up investors' indifferent response to the Majors' Q1 results. The flicker of positive share price movement barely made an impression on the collective 16% underperformance against the stock market so far in 2017. This despite trouncing expectations as upstream 'delivered' for the first time in nine quarters.What do they have to...Read More

Battery Raw Materials Service

March 06, 2018 / www.woodmac.com

The growing interest and investment in electric vehicles (EVs) and energy storage requires you to better understand the lithium, cobalt, nickel and graphite markets.The Battery Raw Materials Service provides the industry's most comprehensive analysis of this booming market within the metals sector, integrating our leading coverage of the energy 'decarbonisation' story with world-class metals analy...Read More

Growth in electric vehicles to transform the lithium and cobalt industries

March 15, 2018 / www.woodmac.com

Electric vehicles (EVs) and energy storage have dominated the narrative in the metals and mining space.  As announcements on EV targets by automakers and governments grew ever more bullish, panic around the security of raw material supply started to build - reinforced by unsuccessful attempts by auto industry giants to lock in long-term supply deals.The supply scramble has continued into 2018...Read More

GLOBAL MARKETS-Dollar bulls charge as China grabs for stimulus levers

July 20, 2018 / in.investing.com

* Dollar hits 1-year high against group of major currencies* Pound falls below $1.30 as Brexit, data woes continue* European shares flat, Wall Street expected to dip* China yuan hits 1-year low on stimulus, tariff issues* Metals badly dented by China worries** Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Marc JonesLONDON, July 19 (Reuters) - The dollar climbed to a one-year high but...Read More

FOCUS: SHFE zinc stocks hit 10-year low on bargain hunting after prices fall

July 19, 2018 / www.metalbulletin.com

Zinc inventory in Shanghai Futures Exchange-approved warehouses plunged to a 10-year low after buyers took advantage of price declines and while supply remains restricted by local production cuts. SHFE zinc inventory stood at 58,016 tonnes on Friday July 13, the lowest since February 1, 2008. A net 38,941 tonnes of refined zinc has been withdrawn from SHFE-registered warehouses in just one month....Read More

Changing demand and North American refiners

March 16, 2017 / www.woodmac.com

Despite the prolonged low-price oil market over the past year, North American refiners have largely remained in good financial health - but changes in the supply and demand landscape are creating uncertainties. OPEC production cuts, the lifted ban for US exports, and decarbonisation legislation are triggering push-me-pull-you scenarios making it more difficult to see how refiners' bottom lines wil...Read More

OPEC opts for clever compromise - and a show of unity

June 22, 2018 / www.woodmac.com

LONDON/HOUSTON/SINGAPORE, June 22, 2018 - OPEC has delivered a compromise that shows the commitment to unity that Saudi Arabia - and Russia - hoped for.  Both countries worked hard to address the various issues facing the group and its non-OPEC partners. Ann-Louise Hittle, vice president, macro oils, said: "Faced with an uncertain supply outlook for two key OPEC members - Iran and Venezu...Read More

TURKEY LONG STEEL: Prices up amid stronger lira, weaker demand

July 19, 2018 / www.metalbulletin.com

Turkish domestic rebar and wire rod prices have increased on a US-dollar basis due to a strengthening of the lira, although demand was still weak, sources said on Thursday July 19....Read More

Rapaport Weekly Market Comment

July 19, 2018 / www.diamonds.net

Slow trading,with dealers in summer vacation mode. Bargain-hunters asking for higherdiscounts during quiet period, but suppliers holding prices firm. Difficult toreplace goods after recent price hikes and with fewer RapSpec A2+ goods on themarket. US retail seasonally slow, but e-commerce strong as record Prime Daysales exceed Amazon's Cyber Monday and Black Friday. Asia growth continues withChow...Read More

India: Few Overseas Buyers in Market

July 19, 2018 / www.diamonds.net

Sentiment down dueto sluggish summer demand, depreciating rupee and rumors of furtherbankruptcies. Dealers also frustrated by slower turnover, as authorities withholdshipments following $440 million fraud involving customs officials. Fewer overseasbuyers in the market. 1 ct. and dossiers moving well. Rough demand stable, butmanufacturers careful not to build up excess inventory. RoundRead More

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