智通财经APP获悉，随着企业逐步消化财政大臣雷切尔·里夫斯11月公布的增税预算带来的影响，英国 一些最大公司的负责人预测，新的一年将面临一系列新的挑战。来自金融、住房、博彩和酒店等行业的 首席执行官们表示，他们正准备应对人工智能信任问题、更多的网络攻击以及来自首相基尔·斯塔默政 府的压力。据其中一位CEO称，削减成本也将提上日程。 这家连锁酒吧的董事长表示，"生存"将是明年的一个关键主题，因为酒店业公司要应对包括雇主税增加 在内的成本上升。马丁说："销售上的任何小问题都会导致真正的问题。"他经常在交易所声明中批评政 府。 鉴于"对政府对待商业的方式存在很多不满"，马丁预测，2026年将会有推动力劝说工党"改变策略，理 解支持企业哲学的益处"。 沃达丰集团，玛格丽塔·德拉·瓦莱 这家电信集团的CEO预测，明年人工智能将对"客户体验产生真正的影响"。随着聊天机器人成为成熟的 客户代理，人工员工将留下来解决更复杂或更棘手的问题。 "最成功的英国公司，将是那些不仅投资高质量人工智能技术，同时专注于在最关键时刻提供出色、个 性化人工关怀能力的公司，"她说。 在经历了高税收、国内经济停滞、美国关税以及对人工智能泡沫的担忧 ...

【美股】截至收盘，道指涨227.79点，涨幅为0.47%，报48362.68点;纳指涨121.21点，涨幅为0.52%，报 23428.83点;标普500指数涨43.99点，涨幅为0.64%，报6878.49点。金银矿业股普遍收涨。Blue Gold(BGL.US)涨6.78%，Avino Silver & Gold Mines(ASM.US)涨6.54%，B2Gold(BTG.US)涨5.73%，First Majestic Silver(AG.US)涨4.97%，赫克拉矿业(HL.US)涨4.47%，AngloGold Ashanti(AU.US)涨4.41%，金 田 (GFI.US) 涨 4.12% ， 哈 莫 尼 黄 金 (HMY.US) 涨 3.87% ， 泛 美 白 银 (PAAS.US) 涨 3.81% ， 纽 曼 矿 业 (NEM.US)涨3.54%。 【欧股】德国DAX30指数跌4.43点，跌幅0.02%，报24283.97点;英国富时100指数跌31.45点，跌幅 0.32%，报9865.97点;法国CAC40指数跌30.31点，跌幅0.37%，报8121.07点;欧洲斯托克50指数跌18 ...

12月15日，沪金期货价格强势上涨，截至发稿主力合约报982.16元/克，涨幅1.82%。 渣打银行：预计黄金价格将于2026年再创新高，预计2026年黄金均价4,488美元/盎司，2026年第四季度均价为4,750美元/盎司。 光大期货：美联储为呵护金融市场流动性购买短债的动作以及缩表结束扩表预期成为推动金价再次走强的诱因，但结合对美联储1月降息预判以 及近期地缘政治走向，黄金推涨动力也并不强劲，整体来看或依然维系区间震荡内走势。 【消息面汇总】 金瑞期货：在降息周期已确认、市场流动性宽松的背景下，黄金的中期"定价锚"更偏向实际利率下行与避险需求抬升。从边际变化看，美联储降 息节奏与市场定价之间仍存在分歧，若后续数据使市场重新接受"降息放缓甚至暂停"，那么金价就容易出现深度回调。整体来看，明年美联储货 币政策有望继续保持宽松，且央行购金行为将继续，黄金中长期仍有较好的上涨前景。 力拓白银公司完成对秘鲁中部玛丽亚诺尔特金银铅锌矿产项目的收购。 机构观点 消息人士：马里法官已将3吨被扣押黄金归还巴里克矿业。 ...

Core Viewpoint - Precious metal stocks, particularly silver, are experiencing significant gains, with silver prices surging dramatically in 2023, driven by multiple favorable factors in the market [1] Group 1: Market Performance - On Thursday, silver stocks saw a broad increase, with Pan American Silver (PAAS.US) and Coeur Mining (CDE.US) rising over 3%, and Newmont Corporation (NEM.US) increasing by more than 2% [1] - Spot silver prices rose nearly 1% in a single day, with a year-to-date increase of 115%, currently priced at $62.39 [1] Group 2: Price Forecast and Analysis - Saxo Bank's report indicates that silver prices are expected to more than double by 2025, surpassing the $60 mark and setting a new historical high [1] - The bullish trend for silver is projected to continue into 2026, although there are potential risks that could disrupt this trajectory [1] - Ole Hansen, the head of commodity strategy at Saxo Bank, attributes the significant price increase to supply constraints, insufficient price elasticity in industrial demand, and market mismatches driven by policy [1]

Core Viewpoint - Precious metal stocks, particularly silver and gold, have shown strong performance, with Pan American Silver (PAAS.US) rising over 6% and Harmony Gold (HMY.US) and Coeur Mining (CDE.US) increasing by more than 2% as silver prices hit a historical high [1] Group 1: Company Performance - Pan American Silver (PAAS.US) experienced a price increase of over 6% [1] - Harmony Gold (HMY.US) and Coeur Mining (CDE.US) both saw their stock prices rise by more than 2% [1] Group 2: Market Trends - The spot price of silver increased by 2% during the day, reaching $59.34 per ounce, marking a new historical high [1]

Core Viewpoint - Precious metal stocks, particularly silver mining companies, are experiencing strong performance due to a significant increase in spot silver prices, which have reached a historical high of $59.34 per ounce [1] Group 1: Company Performance - Pan American Silver (PAAS.US) saw its stock price increase by over 6% [1] - Harmony Gold (HMY.US) and Coeur Mining (CDE.US) both experienced stock price increases of over 2% [1] Group 2: Market Trends - The spot price of silver has expanded its daily gains to 2%, reaching a new historical high [1]

Market Performance - US stock markets reached historical highs, with the Nasdaq and S&P 500 indices both rising over 1% [1] - Major tech stocks, including Tesla, saw significant gains, with Tesla increasing by over 4% [2] - The Dow Jones Industrial Average rose by 0.71%, closing at 47,544.59 [2] Chinese Stocks - Chinese new energy stocks experienced a surge, with Daqo New Energy rising over 14% and JinkoSolar increasing by over 5% [2][4] - Other Chinese electric vehicle companies, such as Pony.ai and Xpeng Motors, also saw gains exceeding 6% [2][4] - The US Chinese photovoltaic index rose by 8.46%, while the new energy index increased by 8.22% [3] Precious Metals - Gold prices fell below the $4,000 mark, with spot gold reported at $3,986.28 per ounce, a decline of over 2% [6] - The Philadelphia Gold and Silver Index dropped nearly 4%, with several mining stocks falling over 5% [6][9] Economic Outlook - Analysts noted a decrease in safe-haven demand for gold, as investors shifted towards equities and high-yield assets [9] - Expectations of a potential 25 basis point rate cut by the Federal Reserve are contributing to improved liquidity, supporting the stock market [9] - The upcoming earnings season for major tech companies is anticipated to show strong growth, particularly in AI, cloud computing, and advertising revenue [9]

Core Viewpoint - The article discusses the significant drop in spot gold and silver prices, with gold falling below $4050 per ounce after reaching a high of $4140 earlier in the day, indicating a market correction driven by profit-taking and a notable outflow from gold ETFs [1][5]. Group 1: Market Performance - Spot gold prices fell to $4047.21 per ounce, down 1.8% from the day's high [1] - Spot silver also experienced a decline, dropping over 2% to $48.101 per ounce [2] - As of the latest update, spot gold was reported at $4062.39 per ounce, reflecting a 1.55% decrease [3] Group 2: Analyst Insights - Analyst Soojin Kim from Mitsubishi UFJ noted that the sell-off in gold prices followed a historical peak on Monday, leading to a potential weekly decline [5] - The article highlights that the largest single-day outflow from gold ETFs in five months has occurred, indicating a shift in investor sentiment [5] Group 3: Mining Stocks Reaction - Following the decline in gold and silver prices, U.S. gold and silver mining stocks saw pre-market declines [6] - Notable individual stock movements included Newmont Corporation (NEM.N) dropping 6.21% and Coeur Mining (CDE.N) falling 4.5% [7][9] - Other mining companies such as Kinross Gold (KGC.N), Gold Fields (GFI.N), Harmony Gold (HMY.N), and Barrick Gold (GOLD.N) also experienced declines of over 2% [9] Group 4: Company Financials - Chifeng Jilong Gold Mining Company reported a net profit of 951 million yuan for Q3, marking a 140.98% year-over-year increase [10] - The company's Q3 revenue reached 3.372 billion yuan, up 66.39% year-over-year, while the first three quarters saw revenue of 8.644 billion yuan, a 38.91% increase [10]

Financial Data and Key Metrics Changes - Avino reported revenues of $21.8 million for Q2 2025, a 47% increase from Q2 2024, marking the second highest revenue in company history [13] - Gross profit was $10.2 million, with gross profit margins improving to 45% from 32% in Q2 2024 [13][14] - Net income for the quarter was $2.9 million, translating to earnings per share of $0.02, up from $1.2 million or $0.01 per share in Q2 2024 [14] - Cash flow from operating activities improved to $8.5 million, with free cash flow at $4.4 million [14][16] - Cash cost per silver equivalent ounce was $15.11, down 7% from Q2 2024, while all-in sustaining cash cost was just under $21 per ounce, an 8% decrease [15][18] Business Line Data and Key Metrics Changes - Silver equivalent production increased by 5% to almost 646,000 ounces in Q2 2025, driven by improved mill availability [9] - Gold production rose by 17% due to increased tons processed and improved recoveries [10] - Copper production increased by 12%, reaching 1.5 million pounds [10] - Silver production slightly decreased by 3% to just under 284,000 ounces [10] Market Data and Key Metrics Changes - The company maintained strong production momentum through the first half of the year, with record mill throughput of 190,987 tons processed, a 36% increase from Q2 2024 [10][11] - The cash position at the end of the quarter was $37.3 million, up over $10 million from the previous quarter [15] Company Strategy and Development Direction - Avino is focused on sustaining momentum and reaching new milestones, with a strong balance sheet and ongoing development of La Preciosa [7][8] - The company aims for annual production guidance of 2.5 to 2.8 million ounces of silver equivalent for 2025 [13] - The strategic focus remains on organic growth with three key assets, while remaining disciplined regarding M&A opportunities [33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strategic direction and ability to capitalize on positive market trends in the precious metals sector [71] - The operational team is expected to continue driving cost improvements while advancing La Preciosa development [8][12] Other Important Information - The company has initiated several CSR and ESG initiatives, including community reforestation and the delivery of low-cost water tanks [21][22] - Avino published its inaugural sustainability report, reflecting its commitment to transparency and responsible growth [23] Q&A Session Summary Question: Progress on La Preciosa access decline - Management confirmed that they have intercepted the Abundancia vein and are a few weeks away from intercepting the Gloria vein [31] Question: Mill throughput expectations for 2026 - The company is currently focused on development ore and is not providing specific throughput targets for this year, but aims for 400 to 500 tons per day by late next year [32] Question: M&A considerations in the current market - Management stated they are focused on organic growth and capital discipline, with no immediate plans for external growth opportunities [33] Question: Third quarter mill availability trends - Management indicated that while they are in a lower grade area, higher grades are expected later in the quarter [38] Question: Clarification on site services at La Preciosa - Site services include installations like compressed air and ventilation systems, as well as facilities for personnel [42] Question: Targeted cash balance for future expansions - Management is evaluating capital needs for future expansions but does not have a specific cash balance target at this time [48] Question: Changes in revenue impacting factors - Management noted improvements in terms with partners and inventory management, which may affect revenue fluctuations [54]

Core Points - The South African FTSE/JSE Africa Leading 40 Index fell by 1.64% on June 13, closing at 87,865.89 points, moving away from the historical high of 89,326.22 points reached on June 12 [1] - The index is approaching the closing level of 87,181.74 points recorded on June 3, with a weekly decline of 0.84% [1] Company Performance - Valterra Platinum (VAL.SJ) led the decline with a drop of 5.86% [1] - Woolworths Holdings (WHL) decreased by 5.51% [1] - BHP Group (BVT) fell by 4.61% [1] - Impala Platinum Holdings (IMP) declined by 4.51% [1] Gainers - Among the seven stocks that gained, Glencore (GLN) increased by 0.52% [1] - Gold Fields (GFI) rose by 1.29% [1] - Harmony Gold (HAR) saw an increase of 1.86% [1] - British American Tobacco (BTI) gained 2.12% [1] - AngloGold Ashanti (ANG) increased by 4.3% [1] - Sasol (SOL) experienced the highest gain, rising by 10.89% [1]