Gold supply to continue in surplus this year – GFMS

Gold supply to continue in surplus this year – GFMS

As always the latest GFMS update on its Gold 2014 report makes for interesting, if somewhat controversial, reading.
Commodity prices tumble as gold rallies - Scotiabank

Commodity prices tumble as gold rallies - Scotiabank

Scotiabank has revised the gold price forecast to an average US$1,250-1,275 for 2015-16.
U.S. 10 month gold mine output falls 7% y/y

U.S. 10 month gold mine output falls 7% y/y

And more gold ships direct U.S. to China, data shows, confirming Hong Kong is less key as trade route.
Freeport plans for anaemic commodity prices

Freeport plans for anaemic commodity prices

ANALYSIS: Freeport McMoRan's Richard Adkerson on the commodities rout.
Romarco gets it done
Romarco covers funding needs for the Haile gold project with $300m financing, $200m debt agreement.
Mining deals reach decade low - EY
As companies shied away from large deals and private-equity funds were slow in execution.
Buy Keaton - Intellidex
Eskom coal hunger presents growth opportunity for junior miner.
Anglo American may impair assets
The miner raised annual iron ore output to a four-year high even as it plans impairments.
Correction – Dutch central bank says it hasn’t increased gold holdings
The Dutch national bank has denied reports that it has increased its gold reserves in December as reported earlier.
Predict commodity prices ($) and win cash
$2,000 up for grabs for Mineweb and Moneyweb community members.
Experts debate benefits, drawbacks of post-mining pit lakes
While not always pretty, mining pit lakes may offer a bounty of benefits … at a hefty cost.
Cliffs' long-standing dividend bites the dust
Cliffs dividend had for decades been paid out, near without fail.
Gold turbulent on Greek aftermath
The Greek election result fallout will likely create significant waves in the gold market looking ahead – while there’s always the Ukraine to spice things up…
Barclays: Gold rally to burn out
Barclays sees headwinds overpowering gold's recent rally.
Potential rebound ahead for global copper – Credit Suisse
Analysts expect copper prices to recover this year.
Precious metals coveted once more as Draghi acts
Mario Draghi’s $1.3 trillion pledge drove gold to a 5-month high and silver to the brink of a bull market.
Despite higher gold price Chinese demand still surging
The latest SGE withdrawal figures show withdrawals of 70 tonnes for the week ending Jan 16th – the third highest weekly figure ever.
Iron ore - Goodnight price
The price of iron ore sinks to a new five-year low.
CME starts gold futures in Hong Kong
CME joins a slew of other exchanges vying to establish new price benchmarks in the region.
2015 Black Swans abounding – Safe Haven gold to benefit
Global economic uncertainty may prompt return to safe haven gold buying.
Russia continues to build its gold reserves
Russia’s Central Bank has reported it has further expanded its national gold holdings in December.
Riskier money flows
C$800m flows to junior gold companies in the past week or so. Significant, but not earth shattering.
Silver poised for bull market
Silver headed for a bull market in its best start to a year in more than 3 decades as the ECB expanded economic stimulus measures.
Amplats 2014 profit fell as much as 55%
The platinum miner says 2014 profit fell by as much as 55% because of South Africa’s longest mining strike.
Elliott Wave analyst sees much higher gold/silver prices ahead
Gold, silver and base metals too are set for major upturn this year, according to Elliott Wave analysts.
BHP Billiton pushing on in 2015
‘For a South African investor, BHP is an exciting prospect’ – analyst.
Gold hits huge new all-time high – in the Russian ruble!
In most other currencies, the gold price has done far better than it has in the U.S dollar and in the currently depressed Russian ruble.
How gold will react to the ECB today
A roundup of analyst comment on the expected reaction by the gold price to possible Eurozone money printing.
Gold fifth best performing commodity of 2014
Palladium performed best in dollar terms of all commodities in 2014, while gold’s overall performance was far better than most others.
Count Agnico Eagle out
Goldcorp to buy Agnico Eagle shares in Probe as takeover unfolds.
Gold’s key role in Turkey’s economy
Turkey is the world’s fourth largest gold consumer and its economy benefits from the role it plays in daily life, says a new WGC report.
BHP operational performance 'strong' - CEO
Is miner doing enough to combat the impact of lower commodity prices? Feroz Basa speaks to Moneyweb's Hanna Barry.
Gold breaches $1,300 – but beware potential headwinds
There could also be some adverse factors ahead which could bring it back down again sharply.
S&P warns of lower 2015/16 metals demand
Fundamentals for aluminum, nickel and zinc remain positive, say S&P analysts.
Cheap oil: Gold miners that profit most
Analysts with Cowen and Company rank which major gold miners will benefit most from lower oil costs.
JSE ALSI51,2670.00%2015-02-01 07:26 +0000
Hang Seng24,507-0.36%2015-02-01 07:25 +0000
Nikkei17,6740.39%2015-02-01 07:25 +0000
NASDAQ4,635-1.03%2015-02-01 07:25 +0000
Dow Jones close17,4172015-02-01 07:25 +0000
S&P 500 close2,0212015-02-01 07:25 +0000
Gold1,283.790.02%2015-02-01 07:24 +0000
Silver17.251.71%2015-02-01 07:25 +0000
Platinum1,241.56-0.02%2015-02-01 07:24 +0000
Palladium772.350.06%2015-02-01 07:24 +0000
Gold ZAR/oz14,924.03-0.01%2015-02-01 07:24 +0000
Brent Crude52.990.95%2015-02-01 07:25 +0000
USD / Euro0.886-0.05%2015-02-01 07:24 +0000
CAD / USD0.785-0.18%2015-02-01 07:26 +0000
ZAR / USD0.0860.01%2015-02-01 07:24 +0000
UAD / USD0.776-0.13%2015-02-01 07:26 +0000
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