Capital Economics ups end-2025 gold price forecast to $2,750/oz.

10th Sep 2024 15:35

(Sharecast News) - Capital Economics boosted its gold price forecast for the end of the following year, although it was expecting a bumpy ride.

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London close: Stocks mixed on latest UK jobs data

10th Sep 2024 14:47

(Sharecast News) - London's stock markets closed with mixed results on Tuesday, as investors weighed the latest UK jobs data showing both a slowdown in pay growth and a decline in the unemployment rate.

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Centamin to be taken over by AngloGold Ashanti in £1.9bn deal

10th Sep 2024 07:51

(Sharecast News) - Gold miner Centamin - which operates the Sukari gold mine in Egypt - said on Tuesday that it had agreed to be taken over by AngloGold Ashanti in a £1.9bn deal.

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London close: Stocks finish lower as oil prices retreat

20th Aug 2024 15:33

(Sharecast News) - London's stock markets ended the day in negative territory on Tuesday, pressured by declines in energy stocks as oil prices fell.

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Sector movers: Rolls Royce jumps, miners down on another unusual day of losses in gold

6th Aug 2024 17:30

(Sharecast News) - UK stocks stabilised on Tuesday even as analysts and investors tried to determine whether or not recent losses in global stock markets were a simple correction or if more losses lay immediately ahead.

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London close: Stocks mixed on tsunami of updates, US GDP data

25th Jul 2024 15:27

(Sharecast News) - London stocks closed with mixed results on Thursday as investors processed faster-than-anticipated economic growth in the United States, following a heavy flow of corporate announcements earlier in the day.

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Centamin free cash flow doubles in 1H, triples in Q2

25th Jul 2024 08:09

(Sharecast News) - Egypt-focused Centamin saw its free cash flow double during the first half of the year as prices for the yellow metal continued moving higher.

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Centamin completes Sukari waste stripping programme ahead of schedule

18th Jul 2024 08:03

(Sharecast News) - Gold miner Centamin said on Thursday that it Capital Ltd has completed its 120.0m tonne four-year contract waste stripping programme at its Sukari mine in Egypt ahead of schedule.

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Sector movers: UK stocks underperform their US peers again

9th Jul 2024 16:48

(Sharecast News) - UK stocks underperformed their peers on the other side of the Pond again on Tuesday.

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Centamin reiterates 2024 cost and output guidance

18th Apr 2024 07:45

(Sharecast News) - Centamin reported a temporary slight decline in production and higher unit costs, but reaffirmed its full-year cost and output guidance.

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Sector movers: Investors seek out safe havens across all asset classes

13th Apr 2024 16:52

(Sharecast News) - Commodity plays were again sought out at the end of the week after The Wall Street Journal said that an Iranian attack against Israel was thought to be imminent.

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London close: Stocks slip ahead of ECB, US inflation print

9th Apr 2024 15:12

(Sharecast News) - London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.

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Centamin holds outlook as production rises 2%

21st Mar 2024 07:29

(Sharecast News) - Gold miner Centamin said its outlook for 2024 remained unchanged as it delivered annual production in line with guidance despite local inflationary cost pressures.

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London close: Stocks rise on positive news from China

24th Jan 2024 16:31

(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.

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Centamin helped by lower production costs in 2023

18th Jan 2024 08:21

(Sharecast News) - Gold miner Centamin pointed to a further increase in annual production in 2024 after meeting forecasts with last year's output, with costs coming in below guidance.

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