Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scale, ConocoPhillips is adding enough Permian production to nip at the heels of ExxonMobil’s massive programme.“We like the distinctives each firm brings too...Read More
Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scale, ConocoPhillips is adding enough Permian production to nip at the heels of ExxonMobil’s massive programme.“We like the distinctives each firm brings too...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intellig...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intellig...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intellig...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scal...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scal...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 upstream, at Wood Mackenzie, said: “The combination is remarkable. Just in scal...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the Index slipped 10.78 points, or 1%, to 1096.90.MACD fell 7.59 points to 0.73 and remains on a buy signal. RSI dropped 5.71 points from 64.95 to 59.21.Support is now at 1080 (long-lived resistance has recently become support) and 1075. Resistance is at 1100 and 1107.As far as...Read More
Like a lot of other outdoor pursuits that allow practitioners to socially distance,prospecting has taken off during the pandemic.Read full newsRead More
Barrick Gold Corp on Thursday estimated a 10.8% drop in third-quarter gold production as the miner's Porgera project in Papua New Guinea remained shut during the period.Read full newsRead More
Tanzania's gold-mining industry is showing signs of a renaissance following a crackdown on smuggling and the settlement of a long-running dispute with Barrick Gold Corp.Read full newsRead More
Central banks and bankers continue robbing the poor, favoring the rich, nd destroying the economy & currency. Silver at $1000 is not unrealistic. In fact... by Egon von Greyerz of Gold SwitzerlandThe Founding Father and President Thomas Jefferson understood the extreme danger in handing over the issuance of the money to the bankers:"The central bank is an institution of the most deadly hostility...Read More
RAPAPORT... Retail sales at Chow Tai Fook grew 2.6% year on year in the second fiscal quarter as a strong recovery in China outweighed continued weakness in Hong Kong.Sales rose 21% on the mainland while slumping 52% in Hong Kong and Macau during the period ending September 30, the jewelry retailer reported Thursday. Same-store sales - at branches open for at least a year - increased 11%...Read More
RAPAPORT... Rio Tinto's diamond production dropped in the third quarter amid lower mining grades at its Argyle deposit, the company reported Friday.Output at the Australian mine fell 10% year on year to 3.2 million carats in the three-month period ending September 30. Production was hampered by lower grades, as the company prepares to complete operations before the end of the year and shut the min...Read More
RAPAPORT... US retail sales rose in September, marking the fourth straight month of year-on-year gains, and nearly doubling August's increase, government data showed.Overall retail sales grew 5.4% compared to the same period last year, and 1.9% from the previous month, as consumers began purchasing for the holiday season, according to figures the US Census Bureau released Friday. That followed a 0...Read More
RAPAPORT... The US jewelry industry continued to downsize in the third quarter, with 101 companies leaving the business, according to new data from the Jewelers Board of Trade (JBT).Nine firms went bankrupt, while 37 dropped out due to mergers or takeovers, the JBT reported Thursday. A further 55 closed for other reasons.The number of exits plunged 65% compared with the same period of 2019. H...Read More
RAPAPORT... Alrosa gave a positive assessment of the diamond market ahead of the holidays after rough and polished trading picked up in the third quarter.The Russian company's rough-diamond sales climbed to $552.9 million during the three months ending September 30, compared with $74.1 million in the second quarter, it reported Friday. Sales declined 8% year on year, a less severe s...Read More
RAPAPORT... LVMH's jewelry and watch sales declined in the third quarter, even as a recovery in China buoyed sales, the company said last week.Revenue for the category fell 14% to EUR 947 million ($1.11 billion) for the three months ending September 30."A rebound in China was observed in the third quarter, but did not prevent the overall activity from dropping...in the period," the luxury group no...Read More
(IDEX Online) - Alrosa has effectively canceled its rough trading session for October to avoid over-supplying the market.The Russian miner reported totals sales of $336m in September, up almost a quarter on the same month in 2019, as it maintained a policy of offering discounts and flexibility.But while uncertainty persists over coronavirus it says it is keen to service only genuine demand from bu...Read More