Resource stocks turn bullish on improving commodity outlook and growing M&A fever

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Resource stocks turn bullish on improving commodity outlook and growing M&A fever

Records tumbled again this week as the flow of funds into the resources sector gathered pace, powered by an optimistic outlook for next year and an acceleration of deal flow....
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Evidence mounting about how big miners and investment banks see outlook for commodity prices

Lithium sparked back to life this week following Rio's proposed $9.9B acquisition of Arcadium, a deal which should have alerted investors to how the market, especially for raw materials, is gathering pace....
Prospector’s Diary Silver
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Silver shines as confidence grows in next year’s recovery

The threat of a regional war in the Middle East failed this week to dim investor confidence in next year’s economic recovery fuelled by China’s stimulus package and falling U.S. interest rates....
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Funds rotation underway, with banks out and miners in

An upswing in the resources sector started this week after China launched its latest economic stimulus package, with investors in Australia rotating funds out of high-priced banks and into oversold miners....
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Two sides to rate cut coin as gold jumps but growth commodities slip

Gold told the story of financial markets this week with a “yo-yo” price which followed the 0.5% cut in U.S. interest rates, but behind the erratic up/down moves, gold remains the asset with most...
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M&A, production cuts fuel hopes markets are near the bottom

Investor hopes were buoyed this week by reports of lithium cuts in China and a uranium export squeeze in Russia, adding to a belief that markets are at, or are close to a bottom....
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Bullbear

As investors approach the pain barrier, the bulls begin to bellow

Hedley Widdup did not forecast a bull market in his upbeat assessment of the investment outlook at this week’s Resources Rising Stars conference, but Leigh Goehring and Adam Rozencwajg certainly did in their evaluation...
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The hot new idea for investors: Buy what China refuses to sell

A mini-boom in antimony has delivered fast profits for speculators but the reason for the boom, tighter Chinese export controls, confirms the development of an important new investment thematic – buy what China won’t...
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Booming gold poised to keep rising as US rate cut looms

A record gold price this week of more than US$2500 an ounce signals ongoing trouble in broader financial markets, but with the U.S. possibly days away from its first cut to official interest rates,...
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Sniffs of a lithium recovery, perhaps, but iron ore is on the nose

It’s still a long road back for lithium if it is to return to its boom days, but first signs are appearing of a recovery as corporate activity accelerates and commodity traders boost their...