Decarbonisation: The Mining and Metals Industry Reaction – Is It Smoke and Mirrors? In this issue, The Alchemist critically examines the decarbonisation levers available to the mining and metals industry and the actions taken thus far. Mining and metals companies are evaluating their portfolios and determining future strategy in light of a carbon constrained future. In response, many have set…
A purple patch on the horizon for Australian gold M&A? In this issue, The Alchemist examines the current state of the Australian gold sector and the likely movers and shakers in the M&A space. In the last few days, the gold price has reached US$2,000/oz. Globally, the conditions which are pushing the gold price to record levels seem unlikely to…
Reflecting on the Copper Price Cycle – How Good Are Consensus Forecast Where we are in the commodity price cycle is one of the most often discussed and relevant questions for the industry and in this Issue of The Alchemist we consider the copper price movements since January 2016 in order to evaluate the usefulness of the methodology outlined in…
The Alchemist, Issue 35: Resilience in commodity prices has not been enough to prevent the Aussie dollar from being one of the worst-performing developed economy currencies of 2018. The Aussie dollar closed out in January 2019 at US$0.715, $0.137 below the price predicted by RFC Ambrian’s commodity price-based exchange rate model. The ongoing deviation between commodity prices and the AUD/USD…
The Alchemist, Issue 34: The Australian dollar traded at a January average of US$0.795/A$ and ended the month at US$0.807/A$. This recent appreciation has largely been due to the broad, positive macroeconomic outlook and the ongoing expectations for an interest rate increases in the near future. For the full report please click here.
