Hints and tips:
...S&P Global and Hamburg Commercial Bank’s Germany construction purchasing managers’ index for December showed a sector deep in contraction at the end of 2023 with a “bleak outlook” for 2024....
...Toronto and Sydney raised $44bn and $36bn, respectively, for mining groups in the previous five years up to the end of 2022, according to S&P Global Intelligence, versus less than $5bn in London over the...
...“There are inconsistencies in the data set that was just released,” noted Louis Kuijs, head of Asia economics at S&P and a former World Bank economist in China....
...BHP, Rio Tinto, Glencore, Anglo American and Vale have an average price to forward earnings ratio of 8.5 times versus 18.5 for the S&P 500, according to S&P Capital IQ and Refinitiv....
...greater as the world goes green, resulting in it being dubbed the “metal of electrification”, with forecasts that it will double to a 50mn tonne market by 2035 compared with 2021 levels, according to S&P...
...State Street Global Advisors’ SPDR S&P 500 Ucits ETF has attracted €2.7bn in net inflows over the three months since its fee was cut to 0.03 per cent in November last year....
...Laurent Ruseckas, executive director for gas at S&P Global Commodities, says that while gas has an important role to play in helping developing nations in Asia meet their growing power demand, pricing remains...
...Thanks in particular to Gerard Minack and Kristof Gleich for pointing out the issue. The problem is that I used weighted average price/earnings ratios for both the Mag 7 and rest of the index....
...This is likely to give Moscow just shy of 60mn tonnes to export this crop year and next — far more than usual, according to figures from S&P Global Commodity Insights....
...“We need more granularity,” said Gerard Cassidy, a bank analyst at RBC Capital Markets....
...The S&P Goldman Sachs Commodity total return index, the most widely followed commodities benchmark, has dropped 27 per cent since reaching a near eight-year high in June 2022 Francisco Blanch, BofA’s top...
...Data visualisation by Steven Bernard and Liz Faunce Letters in response to this article:Mining veteran reflects on the state of the industry / From Chris Hinde, Former Director (Mining), S&P Global Market...
...“We believe there is a ratings upside to this transaction, because it strengthens the positions of the two companies,” said Chris Johnson, portfolio analyst at debt rating agency S&P Global....
...Chief executive Gerard Barron confirmed it plans to submit an application for commercial mining this year. “We have a legal right to do so,” said Barron....
...Analysts at S&P say the higher cost for some projects is because they involve on-site processing of the material to the high grade needed for batteries, which Vulcan hopes to do....
...The move comes after Washington announced it was deploying a carrier strike group, led by the USS Gerard R Ford aircraft carrier, to the region....
...S&P Global estimates that 40mn tonnes of copper will be consumed a year by 2030, up from 25mn tonnes in 2021....
...“That is probably the biggest opportunity as well as challenge [for Pick],” said Gerard Cassidy, a banks analyst at RBC Capital Markets....
...“If you’re a large resource company or battery cell manufacturer and looking for these projects or assets, there is no other resource of this size or quality that compares,” chief executive Gerard Barron...
...“We’re in a rough patch right now with the global economic situation,” says Kevin Murphy, principal metals and mining analyst at S&P Global Commodity Insights....
...“For banks, the number one story in a soft landing is credit,” says Gerard Cassidy of RBC Capital Markets. “Credit quality trumps margins and AOCI [securities losses]....
...(Harry Dempsey) End of the shale era?...
...There has been 338 GWh of new US battery manufacturing capacity announced this year alone, according to data from S&P Global Commodity Insights, more than the past four years combined....
...However, Lukasz Bednarski, principal research analyst at S&P Global Commodity Insights, suggests the doom mongering is overblown....
...crisis out of the picture), return on tangible common equity at Goldman has averaged a bit over 11 per cent, and tangible book value per share has grown a bit under 8 per cent (my calculations, using S&P...
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