Summary Sumitomo Metal Mining Co Ltd - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Sumitomo Metal Mining Co Ltd (SMM) carries out the exploration and development of mineral resources and mining. It processes and produces mineral ores and metals. It manufactures and distri...
The Restocking Indicator is having a bearish year. The signal has reported a SELL, or very close to it, since late January. This month saw the sharpest new orders contraction since last July. Mills remain firmly in destock mode; China’s reopening trade continues to disappoint; confidence in real estate is weak. We still expect market signals to define floors in H2, with upside risk building later in the year – most likely on 2024’s industrial restock.
Summary Marketline's Orosur Mining Inc. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Orosur Mining Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investmen...
The Restocking Indicator stays on HOLD, and so matches up with our short-term expectation that iron ore prices will be range bound for the next couple of months. There has been an improvement in domestic demand, but no post-lockdown ‘fireworks’ in play. Certainly not enough to get China’s steel mills, or us, excited on the short-term steel/ore outlook. Worth keeping an eye on rising pollution levels, for this could prompt policy action and lift lump/pellet/high grade premiums – bullish for AAL/F...
The Restocking Indicator has upgraded to HOLD, after reporting a sell last month. Domestic demand has improved, although it is still being outpaced by the expansion in finished inventories. We believe a neutral sector call is sensible, ahead of China’s National People’s Congress this weekend. This annual event typically features the central government’s growth strategy for the year. Note, we do not expect stimulus fireworks, given the demand recovery reported over recent months. Statements on po...
The UK economic outlook has improved, and energy prices have been much responsible for that. Despite some uncertainty left on this front for winter 23/24, prices are not expected to rise as rapidly as in 2022, thus views on inflation and economic growth have become less pessimistic (ours included) over the last two months. Why? A better energy outlook benefits consumption, business sentiment (thus investment) and eases the burden of fiscal support in 2023.
This past year, copper’s global mining industry reported a spike in war-/energy-related costs, asset closures, project delays, geo-political constraints – across all key sources of exported metal/concentrates – particularly Chile + Peru + Panama. Popular investor requests right now? Data on size/scale of copper’s industry + state of trade flows + our forecast refined supply/demand/prices. Most are just trying to get some perspective on frequent media/industry reports on mine failures/closures. H...
The sharp market bounce in January would suggest that a strong fundamental lift is coming. Problem is, China’s steel mills haven’t seen it yet. Domestic demand has slightly improved, typical for this time of year, but inventories are rising at their fastest rate since Feb 2020. Possible timing issue for the Restocking Indicator, given the earlier Chinese New Year, but the signals move from Hold to SELL anyway. So, we tell investors to be cautious chasing this rally.
Summary Marketline's Regency Mines plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Regency Mines plc - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments...
ANTOFAGASTA (GB), a company active in the General Mining industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date Aug...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
tem 2: Remuneration report As in previous years, although the CEO is not a Director, Antofagasta voluntarily discloses his remuneration. This year, the CEO's remuneration is submitted to the shareholder approval following the implementation of the European Shareholders'Rights Directive II. While the quantum of the CEOns remuneration is not excessive, we regret that the remuneration is weighted more towards rewarding short-term performance. And we can not accept executive LTIP without p...
Currently '(TM) Value Indicator - Main Market' is a value analysis of the Basic Resources, Construction & Materials, Telcoms and Utilities sectors of quoted companies on The London Stock Exchange's Main market that provides the user with indicative long-term trading indicators and indicative target prices. The publication is also available on request at
Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term tagrte prices.
Currently '(TM)Valule Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telcoms and Utilities sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.
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