Kinross Gold (TSX:K,NYSE:KGC) reported its Q3 results on Tuesday (November 5), highlighting record free cashflow supported by debt reduction and key developments at its operatios. The miner outlined quarterly production of 564,106 gold equivalent ounces, a year-on-year decline of 4 percent. According to the company, the decrease was largely due to planned lower output at...

Melbourne, Australia (ABN Newswire) – Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce that further to its announcement dated 31 October 2024 (LU7 Completes Share Placement and Launches Entitlement Offer) (Announcement), it has now settled the first tranche of its share placement to sophisticated and professional investors (Tranche 1). Highlights – Successful settlement...

Battery metal cobalt has been in focus in recent years for its role in lithium-ion batteries, bringing attention to the top cobalt producing countries. One of the metal’s main catalysts is the electric vehicle roll out. The lithium-ion batteries that power electric vehicles and energy storage require lithium, graphite and cobalt, among other raw materials,...

Key US indexes hit new records following Donald Trump’s victory in the presidential election. Trump’s campaign, which focused on reviving traditional industries and reinforcing tariffs, suggests a shift in economic priorities that investors in the US and elsewhere are now trying to assess. Immediate reactions were seen across various asset classes on Wednesday (November 6),...

Popular cryptocurrency Bitcoin surged to a new record of more than US$75,000 as the US election played out. Outcomes in Pennsylvania and Wisconsin, two of seven key battleground states, had a key role in securing Republican nominee Donald Trump’s victory, which was announced at around 5:30 a.m. EST on Wednesday (November 6). Bitcoin was valued...

With the 2024 US Presidential election in the rear view and Donald Trump emerging the victor, news of his upcoming presidency is already influencing global markets. In 2020, Biden and Harris presented themselves as a team that would bring Republicans and Democrats together, challenging Trump’s divisive and populist rhetoric of making America great again. Although...

Bitcoin-focused exchange-traded funds (ETFs) in the US saw significant outflows on Monday (November 4) as cryptocurrency market participants prepared for election-related uncertainty. In total, a group of 12 American Bitcoin ETFs tracked by Bloomberg saw outflows of US$579.5 million that day. According to the news outlet, that’s the highest daily net outflow number seen to...

Election Edge: Smart Investing Strategies for Volatile Times How will the US election affect key markets from gold to crypto? Get exclusive insights and predictions from our experts. ✓ Trends ✓ Forecasts ✓ Top Stocks Who We Are At the same time, not a single word of the content we choose for you is paid...

The oil market faced volatility throughout the third quarter as increased supply and weak demand forced Brent and West Texas Intermediate (WTI) crude prices to contract over the three month session. On the demand side, major economy China is facing lower manufacturing activity and a prolonged real estate downturn. At the same time, non-OPEC+ countries,...

Iron ore prices have displayed volatility in the past few years as the world has dealt with the economic uncertainty surrounding COVID-19 lockdowns, the Russia-Ukraine war and rising levels of inflation. Prices for the base metal reached a record high of over US$220 per metric ton (MT) in May 2021, but it wasn’t long before...