Wheaton Precious Metals: Interview mit CEO Randy Smallwood über den Deal mit Sibanye-Stillwater

Informatives Video, das Sie hier aufrufen können: https://www.bnnbloomberg.ca/commodities/video/wheaton-precious-metals-ceo-on-their-acquisition-of-gold-and-palladium-streams~1440483

Präsentation: https://www.wheatonpm.com/Investors/presentations/default.aspx

Quote:

WHEATON PRECIOUS METALS ACQUIRES GOLD AND PALLADIUM STREAM ON STILLWATER

VANCOUVER, July 16, 2018 /CNW/ - Wheaton Precious Metals™ Corp. ("Wheaton" or the "Company") is pleased to announce that its wholly-owned subsidiary, Wheaton Precious Metals International Ltd ("Wheaton International") has agreed to acquire from Sibanye Gold Limited ("Sibanye-Stillwater") (JSE: SGL; NYSE:SBGL) an amount of gold and palladium equal to a fixed percentage of production from the Stillwater and East Boulder mines, collectively "Stillwater" (the "Precious Metals Stream"). Wheaton International will pay Sibanye-Stillwater upfront cash consideration of US$500 million upon closing of the Precious Metals Stream. In addition, Wheaton will make ongoing payments equal to 18% of the spot gold price and spot palladium price until the reduction of the advanced payment to nil, and 22% of the spot gold price and spot palladium price thereafter. The Precious Metals Stream is effective July 1, 2018..

Link: https://www.wheatonpm.com/news/pressreleases/News-Releases-Details/2018/Wheaton-Precious-Metals-Acquires-Gold-and-Palladium-Stream-on-Stillwater/default.aspx

Quelle: stockcharts.com

Chart Of The Day: Palladium/Platin Spread

Eindrucksvoller Chart:

Quelle: Personal Twitter Feed

Hausse setzt sich fort: Palladium-Preis explodiert auf 16-Jahreshoch

Seit Jahresanfang belaufen sich die Gewinne bei Palladium bereits auf mehr als 30%. Kein Wunder, dass das begehrte Edelmetall nun auch den Spitzenplatz im Rohstoff-Ranking in 2017 einnimmt:

Quelle: bloomberg.com

Turnaround läuft: Entwicklung der Rohstoffpreise im Vorjahresvergleich

Nach dem aktuellen Status Quo haben bis auf Uran und Pottasche alle relevanten Rohstoffe in 2016 einen Boden gefunden..

Quelle: mining.com

Rohstoff- und Minenbranche: Der Wochenrückblick von Haywood

Werfen Sie einen Blick in den informativen Wochen-Report von Haywood:

The Weekly Dig - September 30, 2016  

Mick Carew, PhD and The Haywood Mining Team

Gold Volatility Continues as Investors Eye End of Year Fed Meeting

Highlights:

• Gold and gold equities continued their volatile run this week as investors adjusted to last week’s decision by the Federal Reserve to not raise interest rates, but keeping the door open for a rate hike before the end of the year. Since mid-August, the price of gold has fluctuated, rising as high as $1,351 per ounce on September 6 to as low as $1,305 per ounce on August 31st. Gold equities have followed suit, with the S&P/TSX Global Gold Index rising and falling twice between 230 and 250 in September. Gold ETF’s, including SPDR Gold Shares (GLD-NYSEARCA), also fell this week. It appears likely that this volatility will persist at least until the end of the year given the impending U.S. election in November and the possibility of a rate rise in November or December, and the question remains will gold remain above the $1,300 per ounce level. Gold (↓1.5%), along with silver (↓2.6%)  and platinum (↓2.6%), were down this week, finishing at $1,317, $19.19 and $1,028 per ounce respectively.  Palladium bucked the trend, finishing higher (↑2.6) at $721 per ounce. Base metals were mixed this week; copper continued to defy sceptical investors and was up slightly to finish at $2.21 per pound, nickel fell 1% to finish at $4.78 per pound, while both lead (↑10%) and zinc (↑5%) finished strongly this week, closing at $0.96 and $1.08 per pound respectively. The price of WTI crude rallied this week after news that OPEC agreed to limit supply to support low prices. This comes as Iraq boosted exports and Libya reopened some of its main terminals. WTI crude finished at $48 per barrel on Friday. Finally, the UxC Weekly Spot Price of uranium fell further (↓7.2%), finishing at $22.38 per pound on Friday.

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Quelle: stockcharts.com

Quelle: stockcharts.com

Quelle: stockcharts.com

Macquarie Bank: Edelmetalle, Nickel und Zink mit hohen Chance auf Outperformance

Hierzu ein aktueller Bericht auf Mining.com:

Precious metals, nickel, zinc likely to outperform over next 2 years — analysts

Despite some ups and down, 2016 has been a good year for commodities. By June, prices of most metals and minerals were very close to enter into bull market territory (defined by a 20% increase from previous lows), rebounding from their lowest in at least 25 years.

And while some raw materials have lost some of those gains since the Brexit vote, analysts such as those at Macquarie Bank believe the upward trend is here to stay. What’s more, they expect most commodities to either stabilize or increase over the next 12-24 months.

“We have seen a shift to the right for many, with inventories now starting to draw,” Macquarie Bank’s commodity research team writes.

Commodities to lead the pack in the short term, the note adds, are alumina, nickel and cobalt. But when talking about a longer-term outlook, the analysts place their bet on gold, silver, zinc, nickel, chrome and US natural gas..

Link: http://www.mining.com/precious-metals-nickel-zinc-likely-to-outperform-over-next-2-years-analysts/

Quelle: Macquarie Research

Edelmetalle: 1-Jahresperformance vs. Entwicklung der ETF-Holdings

Die ETF-Holdings bei Gold und Silber sind im Zuge der starken Rally seit Jahresanfang signifikant angestiegen. Währenddessen sind die ETF-Bestände bei Platin und Palladium weiter zurückgefallen.

Hierzu eine informative Übersicht - credit to Haywood:

Quelle: haywood.com

Neues Interview mit Branchenguru und Sprott-Chef Rick Rule

Lesenswerter Bericht - credit to CEO.CA:

What Rick Rule learned after making 'egregious' early investing mistakes

Rick Rule says investors should be buying gold, silver, platinum and palladium.

"Many of our clients are still underweight physical precious metals," said Rule, President and CEO Sprott U.S. Holdings, in an interview with Andrew Nelson.

"We are urging those clients to position themselves either in the physical precious metals themselves or preferably in the 3 Sprott Physical Precious Metal Trusts, the gold, silver, and platinum & palladium trusts."

Interview edited for clarity.

Andrew Nelson: Being a legend amongst resource financiers what have you done throughout your career to create phenomenal returns for yourself and people who have invested with you?

Rick Rule: The first thing I’ll say was that I made an egregious mistake in my youth. In the bull market of the 1970s I did not know that natural resources were cyclical. I forgot that a bull market is the author of a bear market. What happened after I made that initial mistake was that the pain of that mistake was so fresh for me for the next 4 years that I understood I had to be a contrarian or that I would become a victim. Understanding the capital intensive cyclical nature of natural resources is essential in achieving success in this sector..

Link: https://ceo.ca/@AndrewNelson/what-rick-rule-learned-after-making-egregious-early-investing-mistakes

Quelle: blog.ceo.ca

Reuters/Jefferies CRB Rohstoff-Index: Langfristige Bodenbildung nimmt Form an

Nach einer jahrelangen Talfahrt und drastischen Verlustserien, mehren sich weiter die Anzeichen für eine langfristige Bodenbildung bei den Rohstoffen. Hierzu der Blick auf den spektakulären 10-Jahreschart des renommierten CRB-Index:

Quelle: stockcharts.com

Rohstoff- und Minenbranche: Der Wochenrückblick von Haywood

Werfen Sie einen Blick in den informativen Wochen-Rückblick:

The Weekly Dig

Mick Carew, PhD, mcarew@haywood.com

Haywood Mining Team

Gold Price Falls as both the Banks of England and Canada Held Rates Steady

§  Equity markets in the U.S. and Canada rose further this week, despite continued sluggish economic growth. Both the Dow Jones Industrial Average and S&P 500 Index extended all-time highs on Thursday, prompting several money managers in the U.S. to issue caution that the rally could be short-lived, with suggestions that the global economy would continue to remain sluggish while concerns over the ramifications of the Brexit vote continued. While equity markets rallied, the price of gold fell during the week, falling as low as $1,320 on Thursday during intra-day trading. On Friday, a truck filled with weapons ploughed into a large crowd of spectators celebrating Bastille Day in Nice, France, only eight months after the Paris attacks in November. The latest death toll at the time of publication was 84; however, despite the tragedy, markets remained relatively steady, with the S&P/TSX Composite index finishing 3.8% higher for the week. Following the attack, gold fell further before finishing at $1,329 per ounce on Friday. The lower gold price coincided with the Bank of England’s surprising decision to keep its key interest rate at 0.5%, while the Bank of Canada also kept its interest rate on hold. Meanwhile, silver (↓0.9%) and platinum (↓0.8%) were also down, finishing at $20.10 and $1,089 per ounce respectively. Base metals rallied during the week, with copper leading the way, gaining 4.1% to finish at $2.22 per pound, while nickel (↑3.9%), lead (↑3.04%) and zinc (↑2.82%) each finished at $4.64, $0.85 and $1.00 per pound respectively. WTI prices rose after last week’s heavy losses, up 1.2% for the week. Finally, the UxC Weekly Spot Price of uranium fell 5% during the week, as the Broker average price closed at $25.13 per pound on Friday.

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This report may be distributed in the following states: nil. Otherwise, this report may only be distributed into those states with an institutional buyer state securities registration exemption.  

Rohstoff- und Minenbranche: Der Wochenrückblick von Haywood

Der Link zum informativen Wochenreport von Haywood.

The Weekly Dig

Mick Carew, PhD, mcarew@haywood.com

Haywood Mining Team

Markets Down/Gold Higher as Britain Vote to Leave the European Union

§  The full ramifications of the surprise outcome of the British referendum on Thursday are unclear. The final result, which saw a 52-48 percent victory to Brexit advocates sent markets lower, albeit arguably not by as much as some predicted. Following the result, the British Pound fell almost 10% against the dollar to levels last seen in 1985, on fears the decision could hit investment in the world's fifth-largest economy, threaten London's role as a global financial capital and cause many months of political uncertainty. Closer to home, the Dow Jones Industrial Average and S&P 500 Index both fell 3.4% and 3.3%, while in Canada the S&P/TSX Composite Index fell 1.7%. As investors focussed on the short-term effects of the decision, the future of the European Union, and even the United Kingdom, have been brought into question. Already, a number of separatist parties in countries including France, Greece, Italy and the Netherlands have been bolstered by the result, and called for similar referendums that could see the European Union dissolve further. Meanwhile, citing the majority “remain” vote cast by Scotland and Northern Ireland voters, there is growing speculation that Scotland could hold another referendum to decide whether to remain with the U.K. The price of gold responded in kind, hitting almost $1,360 per ounce during Friday trading before settling at $1,320 per ounce (↑1.5%). Silver (↑1.5%), platinum (↑1.6%) and palladium (↑2%) were also up for the week. Base metals, with the exception of nickel, also rose, with copper (↑3%), lead (↑1%) and zinc (↑2%) finishing at $2.13, $0.77 and $0.91 per pound. WTI crude was down 1.4% this week while the UxC Weekly Spot Price of uranium finished higher, closing at $26.88 per pound.

Click here for the full report

This report may be distributed in the following states: nil. Otherwise, this report may only be distributed into those states with an institutional buyer state securities registration exemption.  

Rohstoff- und Minenbranche: Der Wochenrückblick von Haywood

Werfen Sie hier einen Blick auf den informativen Wochenbericht von Haywood:

The Weekly Dig

Mick Carew, mcarew@haywood.com; The Mining Team

Gold Approaches $1,200 on the Back of Yellen Comments

Highlights:

§  This week, the price of gold fell further, breaking through the $1,210 mark briefly before stabilizing at $1,217 per ounce at close. While not specifically mentioning a June rise, she did say it would probably be appropriate for the Federal Reserve to gradually raise rates in the coming months. But she urged caution and warned of hiking rates too steeply. As a consequence the dollar moved higher coinciding with the drop in the price of gold. According to Yellen, Yellen: “The economy is continuing to improve, we saw weak growth in first quarter of year. It looks to be picking up from data we monitor... We will monitor incoming data and risks. It’s appropriate for the Fed to gradually and cautiously increase our overnight interest rate over time. In coming months such a move would be appropriate.” The other precious metals, silver (↓2%), platinum (↓5%) and palladium (↓4%) were also down, finishing at $16.25, $976 and $538 respectively. In contrast, base metals had a positive week for the most part; copper (↑3%) rose to finish at $2.11 per pound, while lead (↑1.6%) and zinc (↑2%) also gained ground, finishing at $0.77 and $0.86 per pound respectively. Nickel was the laggard, finishing slightly lower (↓1%) and finishing at $3.80 per pound. It was a good week for oil, which broke through the $50 per barrel level this week before finishing at $49.33 per barrel. Finally, the UxC Weekly Spot Price of uranium fell during the week, down 4% to finish at $27.25 per pound.

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This report may be distributed in the following states: nil. Otherwise, this report may only be distributed into those states with an institutional buyer state securities registration exemption.

Quelle: stockcharts.com

Rohstoff- und Minenbranche: Der Wochenrückblick von Haywood

Hier finden Sie den informativen Wochenrückblick von Haywood vor.

The Weekly Dig

Mick Carew, PhD, mcarew@haywood.com

Haywood Mining Team

Metal Prices Fall as Talk of June Rate Hike Intensifies

§  A statement from the Federal Reserve this week raised the prospect of an interest rate rise in the United States, with policymakers suggesting it could occur as early as next month if economic data supported the move. Since the Federal Reserve raised its key interest rate in December last year, the prospect of an additional rate hike has varied amid bullish employment data conflicting with concerns over the state of the U.S. economy, and its manufacturing sector in particular. According to the Fed’s notes, signs that the economy, employment and inflation are firming would be watched closely, while it remained wary of external factors, including a possible UK vote to leave the European Union. According to some Federal Reserve officials, an interest-rate increase could occur as early as June. In response, metal prices and mining equities were down on the news on Wednesday, with gold in particular falling as low as $1,244 per ounce on Thursday as the United States dollar rose against a basket of other currencies. The yellow metal rose to $1,260 per ounce later in the day but settled at the end of the week at $1,253 per ounce. Silver (↓4%), platinum (↓3%) and palladium (↓6%) were also down for the week, finishing at $16.51, $1,023 and $560 per ounce respectively. Base metal prices continued to slide following last week’s losses, headed by copper which fell as low as $2.03 per pound and approaching the $2.00 level, before consolidating at $2.05 per pound on Friday; Meanwhile, nickel, lead and zinc each finished at $3.84, $0.76 and $0.84 per pound respectively.  WTI crude continued to push towards $50 per barrel, finishing at $47.75, while the UxC Weekly Spot Price of uranium rose 1% to finish at $28.56 per pound.

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This report may be distributed in the following states: nil. Otherwise, this report may only be distributed into those states with an institutional buyer state securities registration exemption.  

Rohstoff- und Minenbranche: Der Wochenrückblick von Haywood

Hier finden Sie den Wochenrückblick von Haywood vor.

The Weekly Dig

Mick Carew, PhD, mcarew@haywood.com

Haywood Mining Team

Gold Tests $1,300 Level as Timing of Fed Rate Hike Grows More Uncertain

§  As expected, the Federal Reserve held its key interest rate steady as data continued to point to slowing economic activity and reduced levels of consumer spending. Central to the Fed’s decision were the many conflicting signs in the U.S. economy – consistent job growth and an improving housing market against slowdowns in business investment and exports. The statement from the Fed that accompanied the decision was interpreted by many as considerably “dovish”, with low inflation still a concern, leading to many observers expressing doubts that the Federal Reserve would raise interest rates in June, or later in 2016 for that matter. In response to the decision, the US equities and the dollar fell, with the Dow Jones Industrial Average dropping over 300 points late during the week. The Fed’s decision was positive for gold, with both the yellow metal, and gold equities continuing to rally; gold has risen almost 18% YTD, while the S&P/TSX Global Gold Index is up a whopping 43%; both rose over 4% and 12% this week alone to finish at $1296 per ounce and 60.76 respectively. Despite concerns that gold and gold equities may be overbought, the Federal Reserve’s continued dovish outlook on the U.S. economy could see this upward trajectory continue, albeit amid some shorter-term volatility. The rise in silver prices is even more impressive, up 16% in April alone, and finishing at 17.84 per ounce on Friday. Base metals prices continue to defy calls for a correction, with copper (↑0.4%), nickel (↑4%), lead (↑1%) and zinc (↑1.6%) all up, finishing at $2.30, $4.27, $0.82 and $0.88 per pound. WTI crude finished higher, closing at $46 per barrel. Finally, the UxC Weekly Spot Price of uranium finished at $27.63per pound.

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This report may be distributed in the following states: nil. Otherwise, this report may only be distributed into those states with an institutional buyer state securities registration exemption.  

Rohstoff- und Minenbranche: Der Wochenrückblick von Haywood

Hier der Link zum informativen Wochenrückblick von Haywood:

Industry Report

April 15, 2016

The Weekly Dig

Mick Carew, PhD, mcarew@haywood.com

Haywood Mining Team

Uranium Price Slide Accelerates into Weekend, now Testing 10-Year Lows

§  The uranium spot price has fallen 25.3% in the first 3 ½ months of 2016, posting a worse performance in this short time, than any full-year loss experienced since the Fukushima disaster in March 2011 that led to Japan taking 50 reactors off-line, with only two now operating. Uranium saw three years of back-to-back double-digit percentage losses from 2011-13, but none worse than what we’ve seen thus far in 2016, and at no point since Fukushima, did the spot price dip below $28.00/lb U3O8.  In fact, the last time the UxC Weekly Spot Price of uranium was below $28/lb was May 2, 2005; more than 10-years ago.  Over the past week, uranium prices have rapidly declined, with the UxC Broker Average Price of uranium closing at $25.69/lb U3O8, Friday night. The prospect of a UxC spot uranium price below $28/lb Monday night now seems highly likely, as are the potential headlines picking up the “10-year low” price point.  Uranium continues to be burdened by oversupply as producers fail to curtail production despite very low non-discretionary utility demand currently, exacerbating the global inventory bulge, and placing increasing pressure on uranium price benchmarks.  In precious metals, the gold:silver ratio decline the has emerged since the beginning of March, accelerated this week as gold traded down 0.5%, to close at $1,235 per ounce, while silver was up 5.4%, to close at $16.26 per ounce.  Platinum (↑1.6%) and Palladium (↑4.6%) were both up for the week, closing at $984 and $569 per ounce, respectively. In the base metals, copper (↑3.2%), nickel (↑4.2%), lead (↑0.8%) and zinc (↑6.2%) prices all rose this week. WTI crude was up this week, closing at $40.36 per barrel Friday, off its intra-week high ahead of the Doha OPEC meeting this weekend.

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This report may be distributed in the following states: nil. Otherwise, this report may only be distributed into those states with an institutional buyer state securities registration exemption.  

Big Picture, Performance: Rohstoffe unter ihren Allzeithochständen

Spannende Performance-Übersicht:

Quelle: Pension Partners

Rohstoff- und Minenbranche: The Dig - Wochen-Rückblick vom Haywood Mining Team

Der Link zum informativen Wochen-Report von Haywood.

February 12, 2016

The Weekly Dig

Haywood Mining Team

Gold Price/Equities Run Continues as Investors Seek Safe-Haven Assets

§  Following last week’s rise in the price of gold, the yellow metal surged again this week, breaking through the $1,200 per ounce level as global markets capitulated further and investors moved towards traditional safe-haven assets including gold, the yen and government bonds. Despite easing slightly on Friday, gold hovered around the $1,240 mark for most of the day, after reaching a peak of $1,263 per ounce yesterday, before settling at $1,239 per ounce (↑5.2%). Gold equities followed suit, with the S&P/TSX Global Gold Index rising a further 10% this week, while long-suffering junior gold explorers also benefited. Whilst gold miners reaped the rewards of a rising gold price, the sustainability of the rally is still being brought into question, with a number of observers pointing to similar new-year rallies that have occurred since late 2011. Certainly, growth figures from the Eurozone and retail sales figures in the U.S. appeared to ease concerns over the economy (at least temporarily), with the Dow Jones Industrial Average recovering by 2% after falling 4% between Monday and Thursday.  Silver (↑4.7%), platinum (↑4.6%) and palladium (↑4.2%) also surged on the back of the price of gold, with each finishing at $15.79, $955 and $524 per ounce respectively. By comparison, base metals had a mixed week; both copper (↓2.81%), and nickel (↓4.26%) fell to $2.03 and $3.53 per pound respectively, while lead (↑4.6%) and zinc (↑2%) continued to rise as supply concerns following a number of imminent mine closures begin to take hold; both metals finished at $0.84 and $0.78 per pound on Friday. WTI crude prices followed the rout in global markets, falling 12% to Thursday before recovering on Friday to finish at $29.02 per barrel. Finally, the UxC Broker Average Price (BAP) of uranium continued its gradual decline of recent weeks, falling 1% and finishing at $46.00 per pound on Friday.

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This report may be distributed in the following states: nil. Otherwise, this report may only be distributed into those states with an institutional buyer state securities registration exemption.

The Dig - Wochen-Rückblick vom Haywood Mining Team

Der lesenswerte Wochenrückblick von Haywood:

The Weekly Dig

Haywood Mining Team

Interest Rates Held Steady as Markets Undergo Late-Week Rally

§  Key interest rate decisions from both the Bank of Canada and European Central Bank this week perhaps reflected the ongoing turmoil in global markets, despite expectations from some quarters that the BOC would lower rates further below its current rate of 0.5%. The decision in Canada came on the back of further weakening of the Canadian dollar, which ironically rallied 3.8% on Wednesday’s low against the U.S. dollar, and expectations of a stimulus-heavy federal budget later in the year. A similar tone was set in Europe this week, with the ECB leaving rates on hold as its president hinted that fresh stimulus into the Eurozone may be implemented in March. Draghi acknowledged growing uncertainty about the economy as he said the central bank would review its policy in March – sooner than many investors were expecting. The week saw oil hit fresh new lows, with WTI crude falling as low as $27.98 per barrel during intra-day trading on Wednesday before rebounding sharply later in the week as a severe snow storm approached the east coast and comments made by Saudi Arabia that prices lower than $30 per barrel for oil were “irrational”. WTI rose 5.5% for the week to finish at $32.20 per barrel. Metals were up overall for the week; gold pierced the $1,100 per ounce mark before settling at $1,099 per ounce on Friday, while silver (↑0.75%), platinum (↑0.3%) and palladium (↑5%) were also up, finishing at $14.04, $832 and $497 per ounce respectively. Base metals experienced a reprieve this week, with copper (↑2.7%), nickel (↑3.6%), lead (↑2.5%) and zinc (↑2.7%) finishing at $2.00, $3.93, $0.74 and $0.68 per pound respectively. The UxC Broker Average Price (BAP) of uranium finished slightly lower at $34.75 per pound.

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This report may be distributed in the following states: nil. Otherwise, this report may only be distributed into those states with an institutional buyer state securities registration exemption.  

Rohstoffe: Jährliche Performance von 2006-2015

Klasse Übersicht - credit to Visual Capitalist:

Quelle: visualcapitalist.com, usfunds.com

Visualisierung der wertvollsten Substanzen der Welt nach Gewicht

Informativer Beitrag von ValueWalk.

Quelle: http://www.valuewalk.com/2016/01/the-most-valuable-substances-by-weight-infographic/

Quelle: http://www.valuewalk.com/2016/01/the-most-valuable-substances-by-weight-infographic/