Hot Themes

Samstag, 29. Oktober 2016

Big Picture: Goldminen-ETF GDX vs. 200-Tageslinie

Nachdem sich die Goldminen (GDX) im Zuge der spektakulären Rally bis zu 60% von der 200-Tageslinie entfernt hatten, wurde diese außergewöhnliche Konstellation in der jüngsten Korrektur komplett abgebaut:

Quelle: iShares, SPDR, Vanguard, Van Eck, GDX

Profiteur der Yuan-Abwertung: Bitcoin-Preis zieht um 10% in einer Woche an

Der Bitcoin-Preis wird durch anhaltenden Kaufdruck aus China weiter befeuert und erreicht zuletzt ein 3-Monatshoch:

Quelle: zerohedge.com


Quelle: zerohedge.com


Quelle: zerohedge.com



Quote:

Bitcoin Is Soaring: Up Over 10% In One Week On Chinese Buying Spree

Earlier this week, we pointed out that after tracking the recent drop in the Yuan (alternatively, rise in the dollar), bitcoin unexpectedly spiked breaking out of its recent rangebound trade and rising to three month highs following news that China had begun a regulatory crackdown on wealth-management products, which indicated that some of the illicit money parked in these shadow bank conduits, which collectively house just shy of $2 trillion in assets, will slowly drift out of the mainland using such capital outflow "proxies" as bitcoin..

Kupfer: Beste Handelswoche in 8 Monaten

Mit Gewinnen von über 5% präsentierte sich Dr. Copper letzte Woche besonders stark:

Quelle: zerohedge.com



Quelle: zerohedge.com

Eisenerz: Chinesen kaufen größtes Minenprojekt der Welt

Rio Tinto (RIO) zieht sich vom gigantischen Simandou Eisenerz-Projekt in Guinea zurück. Damit ist der Weg für den chinesischen Branchenriesen Chinalco frei, das größte Minenprojekt der Welt zu übernehmen:

Chinese buy world's largest mining project

World number two miner Rio Tinto is exiting the world's largest mining project, by selling its stake in Guinea's Simandou iron ore to partner Chinalco, potentially opening up a new path to development for the $20 billion project.

According to a statement by Melbourne-based Rio the deal is worth between $1.1 billion and $1.3 billion payable when Simandou starts commercial production and based on output. Rio says a final agreement could be inked within six months. In February this year Rio wrote down the value of Simandou by $1.1 billion, before deciding to shelve the project.

Rio owns 46.6% of Simandou south; Chinalco's stake is 41.3% and the Guinea government holds 7.5%. Earlier this month the World Bank's financing arm – the International Finance Corporation – sold its its 4.6% interest.With complete control, Beijing-based Chinalco may revive the stalled project with the backing of the Chinese government..



Rohstoff- und Minenbranche: Der Wochenrückblick von Haywood

Der Link zum lesenswerten Wochen-Report von Haywood.

The Weekly Dig - October 28, 2016
Mick Carew, PhD
and The Haywood Mining Team

Gold Price Volatility Continues as Rate Decision Looms
Highlights:

As the U.S. elections draws nearer and prospects intensify, the price of gold has experienced significant volatility over the last few weeks. The first week of October saw the yellow metal push through the $1,300 per ounce level, briefly testing the $1,250 per ounce level (falling to $1,247 per ounce during intra-day trading on October 14). This last week has seen the gold price fluctuate between $1,260 and $1,275 per ounce, hitting the $1,284 per ounce level on Friday before settling at $1,276 per ounce at close. 

While the U.S. election campaign remains controversial, particularly in regards to Donald Trump’s candidacy, the email scandal continues to haunt Hillary Clinton; on Friday news broke that the FBI would investigate additional emails that had surfaced relating to Hillary Clinton's use of a private email system that allegedly contained classified information. In turn, any event that potentially swings the electorate in Trump’s favour continues to be positive for gold as the republican candidate’s controversial policies and personal life divides the nation.  

Meanwhile, the other precious metals varied in terms of performance for the week; platinum rose 4.5% to finish at $981 per ounce while palladium retreated 0.6%, while silver rose only slightly to finish at $620 and $17.77 per ounce respectively. Base metals prices jumped this week, with Copper and nickel prices finishing 4.5% and 4.6% higher to finish at $2.19 and $4.72 per pound respectively, while lead and zinc also gained ground. After rising above the $50 per barrel mark in recent weeks, WTI crude fell back to $49 per barrel this week, while the UxC weekly spot price for uranium remained below the $20 per pound level to finish at $19.59 per pound.



Freitag, 28. Oktober 2016

Big Picture: Goldpreis vs. kumulierte Bilanzsummen der wichtigsten Zentralbanken

Die aggregierte Bilanzsumme der FED, EZB, SNB, PBoC und BoJ markiert in 2016 ein neues Rekordhoch und steht jetzt bei über 17 Billionen USD:

Quelle: In Gold We Trust, incrementum.li

Mexiko: Edelmetalle bleiben die dominante Kraft in der Minenindustrie

In der mexikanischen Minenindustrie kommen Gold und Silber in 2016 auf einen Anteil (Metallwert) von rund 48%. Damit behalten die Edelmetalle ihre dominante Position:

Quelle: BMI



Ein informativer Überblick über die gegenwärtig wichtigsten Minenprojekte:

Quelle: BMI

Donnerstag, 27. Oktober 2016

Große Goldproduzenten legen solide Finanzergebnisse für das 3. Quartal 2016 vor

Die Zahlenflut ist da. Unter dem Strich ein ein ordentliches Quartal für die Gold Majors. Hierzu ein aktueller Bericht auf Mining Weekly:

Gold majors report upbeat Q3 earnings as costs continue to fall

27TH OCTOBER 2016

VANCOUVER (miningweekly.com) – The world's major gold producers on Wednesday reported mostly positive results for the three months ended September, saying profits increased while costs continued to fall in a higher gold price environment.


The world’s largest gold producer by output Barrick Gold reported adjusted earnings of $0.24 a share, compared with $0.11 a share in the comparable period last year. This beat analyst expectations of average earnings of $0.20 a share.

Revenue was down slightly at $2.3-billion from $2.32-billion a year earlier, while free cash flow fell to $674-million from $866-million.

Toronto-based Barrick increased its full-year 2016 production forecast to a range of 5.25-million to 5.55-million ounces of gold, from a previous target of 5-million to 5.5-million. Barrick has also lowered its estimate of all-in sustaining costs (AISC) to between $740/oz and $775/oz from a previous target of $750/oz to $790/oz.

The company added that capital expenditure for the current year was also lowered at between $1.2-billion and $1.3-billion, down from between $1.25-billion and $1.4-billion in the previous quarter.

Third-quarter gold output fell to 1.38-million ounces from 1.66-million ounces. AISC improved to $704/oz from $771/oz. Copper output fell to 100-million pounds from 140-million pounds.

Barrick reduced its debt load by $1.4-billion so far this year and the company said it was on track to meet its 2016 reduction target of $2-billion. In the medium term, it wants to reduce its $8.5-billion debt to below $5-billion.

NEWMONT DOUBLES DIVIDEND

Meanwhile, Greenwood Village, Colorado-based Newmont doubled its quarterly dividend to $0.05 from $0.025 previously. The company also refreshed its dividend policy, which is linked to the gold price. CEO Gary Goldberg stated that the revised policy had the potential to increase payout levels by more than 100%, starting in the first quarter of 2017..



Mittwoch, 26. Oktober 2016

Kobalt-Produktion: Große Dominanz der Demokratischen Republik Kongo bleibt erhalten

Mit einem gewaltigen Anteil von über 50% ist die DRC die entscheidende Nation unter den Kobalt-Produzenten. Der dominante Marktanteil kann nach einigen Analysen in Zukunft sogar noch weiter erheblich wachsen..

Quelle: BMI, USGS