Lovon Precious Metals investment

01/09/2024

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24/01/2024

PRECIOUS METALS ROLES IN INVESTMENT
PORTFOLIO – A COMPARATIVE ANALYSIS FROM
THE PERSPECTIVE OF SELECTED
EUROPEAN COUNTRIES
Summary: The paper presents conclusions from the research concerned with the effec-
tiveness and roles of precious metals in investment portfolios from the point of view of
Austrian, Slovakian and Slovenian investors. The ATX, SAX and SBITOP indices were
used to represent the market. The analyses cover the years 2007-2013 taking into account
different performance of stock exchange indices at that time. The precious metals to be
examined were gold, silver, platinum and palladium.
In most of the periods under discussion, characterized by differentiated stock ex-
change performance of the three markets, precious metals featured beta coefficient at a low
positive or even negative level. This further indicates that there is a low interdependency of
their rates of return with the main exchange indices, and consequently these assets may be
considered as alternative investments. However, attention should be paid to the fact that
each of these metals is characterized by different investment characteristics such as return
rate or risk.
Keywords: precious metals, conditional variance, safe haven, beta coefficient.
Introduction
In recent years globalization processes and mobile technologies develop-
ment have been affecting the expansionary development of financial markets.
On the one hand, this increases the risk of a worldwide financial crisis, yet on
the other, it provides unprecedented opportunities to invest capital in increasing-
ly more innovative instruments. Apart from conventional assets such as stocks,Precious metals roles in investment portfolio – a comparative analysis... 189
bonds or investment funds participation units, there are also alternative invest-
ments, in particular, hedge funds, precious metals and other commodities, struc-
tured instruments, collectibles or art investments. It is expecte

24/01/2024

Gold was a popular investment in 2023. Here are four smart ways to approach the shiny metal this year.

24/01/2024

Lovon Precious Metals investment we help you invest your hard earned money just take a moment and understand and physical ownership .You can purchase physical bullion, such as gold bars or coins, from reputable dealers. ...

ETFs and Mutual Funds: Exchange-traded funds (ETFs) and mutual funds offer exposure to precious metals without the need for physical ownership.

Gold was a popular investment in 2023. Here are four smart ways to approach the shiny metal this year.

24/01/2024

Gold and Silver Continue to Struggle, Heavyweight US Data Releases Later this Week

Jan 23, 2024 7:00 PM +02:00



Lehlohonolo Mohlabi
,Senior Strategist

GOLD AND SILVER ANALYSIS, PRICES, AND CHARTS
The latest Fed rate expectations show six quarter-point cuts this year.
Gold and Silver struggle but the sell-off is so far contained.

The latest look at US rate expectations shows six quarter-point cuts are now being priced in with the first seen in May compared to seven last week with the first in March.

The yield on the rate-sensitive UST 2-year has risen from 4.14% to a current level of 4.40% over the same period, highlighting the tempering of rate cuts ahead of next week’s FOMC meeting.

There are three heavyweight pieces of US economic data released this week, the first look at US Q4 GDP on Thursday, along with the latest Durable Goods release, and the Core PCE report on Friday. All of these will be closely watched by the Fed ahead of next week’s FOMC meeting.

24/01/2024

Platinum Futures
NYMEX: PLW00
908.40 USD +2.90 (0.32%)today
23 Jan, 19:41 GMT-5 • Disclaimer
Open
908.50
High
909.40
Low
907.60
Prev close
905.50
Volume
333
Open interest
69,686

24/01/2024

The London bullion market is an over-the-counter market for wholesale trading of gold and silver. The London Bullion Market Association (LBMA) coordinates activities of its members and other participants in the London bullion market. The LBMA sets and promotes quality standards for gold and silver bullion bars. The minimum acceptable fineness of the Good Delivery Bars is 99.5% for gold bars and 99.9% for silver bars. Bars with a purity less than these may not be referred to as "bullion".

24/04/2023

Thabo Bester have cause too pain

Katlego Mpholo’s family has rejected the police report that says he collapsed in town and was taken to hospital. His father says a lot of important informati...

24/04/2023

Thabo Bester | Mpholo's family to sue the state

JOHANNSBURG - The family of Katlego Mpholo - the man whose burn remains were discovered in Thabo Bester's prison cell - says they are suing the state.

Mpholo’s burnt body was identified after DNA results matched with his mother.

An autopsy report showed that Katlego had died due to blunt force trauma to the head and was already dead before the prison caught fire.

We have been receiving calls from high level legal teams who are willing to help us," says Mpholo's father.

Watch the video below for more details on this story.

Katlego Mpholo’s family has rejected the police report that says he collapsed in town and was taken to hospital. His father says a lot of important informati...

24/04/2023

Seriti opens 25-year underground extension at Mpumalanga coal mine

New section expected to reach full production by first quarter of 2024 at the latest

In a week when political leaders weighed the consequences of extending the life of some of SA’s coal power stations, one of Eskom’s largest coal suppliers showed confidence in the future of the commodity by extending the life of one of its mines by 25 years.

Coal miner Seriti on Friday hosted a “first sump” ceremony as it broke ground on a project to switch from opencast to underground mining at its Klipspruit colliery near Ogies in Mpumalanga.

Seriti CEO Mike Teke said this will help maintain present production and export levels from the Klipspruit colliery in future.

The mine has an average run of mine production of 8.5-million tonnes a year and planned production from the underground operations amount to about 4.5-million tonnes a year. This is what is needed to meet the mine’s overall tonnage requirements.

The new underground section was expected to reach full production by the third quarter of this year, or the first quarter of 2024 at the latest.

The total resource was estimated to be about 600-million tonnes with about 30% of the resource in inferred status.

The decision to start mining underground was taken as it had become uneconomical to continue opencast mining at the site. By switching from opencast to underground mining the life of mine for the Klipspruit colliery will be extended up to 25 years.

Teke said that while “multinational mining companies in SA were under pressure to exit coal” Seriti believed coal mining still had a long future in SA. The company would continue to invest in the development of its coal assets.

“We are not against renewable energy, but we believe coal-fired power stations will continue to operate alongside renewables to provide baseload,” said Teke.

In 2022, Seriti concluded a R892m deal to acquire a majority stake in Windlab Africa’s portfolio of 4GW wind and solar power assets through its subsidiary Seriti Green.

Klipspruit GM Dirk Miller told Business Day that the mine was set to last until about 2036, but because they were already mining so deep it became extremely expensive to operate.

“The mine needs to operate as a going concern even at a relaxed coal price. We needed to set it up so that in depressed pricing times we can still make money from the mine. That is why we decided to go underground — because in this case underground [mining] is substantially cheaper than opencast mining because of the depth of the mine,” Miller said.

The miner produces two products. One is a high-quality, low ash coal exclusively for the export market. The other is middlings coal, some of which Seriti hopes to sell to Eskom pending the outcome of talks.

Miller said that from opencast mining they could achieve a yield ratio of 28%-32% high-quality coal, but in the underground section they expect the share of high-quality coal to rise to about 42% of the total yield.

The project is fully self-funded through capital spend of about R1.4bn, he said.

Mineral resources & energy minister Gwede Mantashe, who attended the “first sump” ceremony for the mine, said this showed the market expected demand for coal to continue for many years.

“Coal will be here for a long time and it will perhaps [be part of the future] permanently if we invest in [clean coal] technologies,” said Mantashe.

“When you are opening a deep mine that will last for at least 25 years, what you are saying is there will be [a market for coal] in 25 years. The reality is coal is needed [now and in future].”

[email protected]

Q&A: PETER VENN, CEO OF SERITI GREEN, TALKS ABOUT SETTING UP WIND FARMS
The company expects project to come online in the second half of 2025
COMPANIES2 weeks ago
WORK ABOUT TO START ON MPUMALANGA’S FIRST WIND FARM
Seriti Resources says the first phase of what will be SA’s largest wind farm will come online in 2025
COMPANIES2 months ago
COAL MINER SERITI CLOSES 4GW RENEWABLES DEAL
Acquisition of a majority stake in Windlab Africa’s wind and solar assets is a big step in developing its own renewable energy business, says Seriti
COMPANIES4 months ago
WINDLAB PURCHASE ADDS SOLAR AND WIND POWER TO COAL MINER SERITI
Eskom coal supplier to buy majority stake in Windlab Africa’s wind and solar power assets
COMPANIES8 months ago
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Lovon Precious Metals investment Of all the precious metals, gold is the most popular as an investmen

24/04/2023

24/04/2023

24/04/2023

Johannesburg

In today's video, we toured and explored one of Johannesburg's most luxurious properties in the eye of Africa's golf estate. This home in Joburg features a C...

24/04/2023

POLITICAL WEEK AHEAD: André de Ruyter to have his say on graft allegations
Former Eskom CEO will elaborate on corruption claims in a remote session with MPs

Former Eskom CEO André de Ruyter is expected to be in the hot seat this week when he appears before parliament’s standing committee on public accounts to explain his allegations of ANC links to corruption and maladministration at the power utility.

On Wednesday De Ruyter will virtually appear before the committee to elaborate on issues that he raised during a televised interview with eNCA’s Annika Larsen that was aired in February. He told Larsen there was evidence to indicate that some in the ANC saw Eskom as a “feeding trough.