Navigating the Disruption Wave | Global Finance Magazine
Riding The Disruption Wave | Global Finance Magazine New technologies promise vast increases in growth and efficiency. For CFOs, they require balancing stability and transformation. Disruptive technologies are not only reshaping the business landscape, but forcing CFOs to rapidly evolve their strategies and embrace innovation. From the various flavors of artificial intelligence (AI) to digital […]
Gold’s Exceptional Year – MINING.COM
One year ago this week, gold was trading around a then-nominal-record $2,075. Some optimism was building, as in early December 2023 gold had just carved its first record close in fully 3.3 years. Yet at $2,071, that certainly wasn’t materially better than early August 2020’s $2,062. Incidentally gold’s run leading into that was its last […]
Turkey Sets Its Sights on Involvement in Syrian Oil and Gas Production
Turkey Eyes Role in Syrian Oil and Gas Production Turkey has signaled it wants to take part in the revival of oil and gas production in Syria, Bloomberg has reported, citing a statement by Turkey’s energy minister. Speaking to the media, Alparslan Bayraktar said that Turkey was working to help Syria with its electricity supply, […]
Charts: EV Battery Metals Bill Hits Record Low as Lithium, Nickel, and Cobalt Prices Decline
CHARTS: EV battery metals bill sets new low as lithium, nickel, cobalt price slump continues In the first eight months of 2024, the global electric vehicle (EV) industry has witnessed a remarkable surge in battery power, totaling 674.6 GWh. This surge arises amidst a notable shift towards hybrid vehicles, which typically incorporate smaller batteries, thereby […]
China Relies on Banks to Resuscitate Property Market
China Leans On Banks To Revive Property Market China’s banks are pumping fresh funds into stalled housing projects and cutting rates on existing mortgages. The goal is to spark a financial turnaround for the nation’s beleaguered real estate sector. Banks are paying a pretty price for their efforts. Policymakers are leaning on banks of all […]
Trade Disputes to Dampen Demand for Industrial Metals: BMO
“While final structures will not be known until next year, in our view metals and bulk commodity markets had generally factored bi-lateral United States-China tariffs into demand projections, but not a multi-lateral trade war which drags in Canada, Mexico, Europe and key Asian economies.” BMO forecasts 1.8% industrial production growth globally next year, but says […]
National Perspective: The U.S. Requires Metals; Reliance on Chinese Imports is Insufficient – Duluth News Tribune
National View: US needs metals; imports from China aren’t enough – Duluth News Tribune The recent restrictions imposed by China on graphite exports serve as a stark reminder of the vulnerabilities tied to heavy reliance on a single country for critical minerals. This situation has become especially pressing as global demand for battery materials continues […]
Gold (XAU/USD) Traders Brace for Fed Meeting: Will Prices Surge or Decline?
Gold (XAU/USD) Traders Await Fed Meeting: Will Prices Rally or Fall? Most Read: BoJ Rate Hike in Focus: USD/JPY, GBP/JPY Technical Analysis Gold has struggled this week continuing its selloff from the back end of last week. An increase in US Treasury yields coupled with profit taking and the potential for a less dovish Fed […]
Barrick Gold Initiates Arbitration in Mali Mines Dispute
The Canadian mining giant has been locked in a months-long dispute with the Malian government over dividing economic benefits from the Loulo-Gounkoto complex, which produced nearly 700,000 ounces of gold last year. In a statement on Wednesday, Barrick said the request for arbitration reflects its commitment to “adhering to established processes for resolving disputes in […]
Completion of Shenandoah S2-4H Horizontal Well Drilling
Shenandoah S2-4H Horizontal Well Drilling Complete Australia-focused exploration and development company Falcon Oil & Gas Ltd. said that drilling for the Shenandoah S2-4H (SS4H) horizontal well has been completed. The company said in a media release that the well was cased and cemented to a measured depth of 6,452 meters (21,169 feet). The SS4H well […]