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UBS said recent updates from Australian gold miners focused on FY2026 production and cash performance and were broadly ahead of its expectations. The bank said it has yet to see FY2027 guidance and, given high input prices, the Middle East conflict a

2026-07-09

UBS said recent updates from Australian gold miners focused on FY2026 production and cash performance and were broadly ahead of its expectations. The bank said it has yet to see FY2027 guidance and, given high input prices, the Middle East conflict and persistent industry inflation, market cost expectations remain too low. UBS expects FY2027 industry all-in sustaining costs (AISC) to rise about A$150/oz and said cost inflation will be a key theme in upcoming annual guidance. UBS continues to favor Newmont and Capricorn Metals for high-quality, defensive exposure and stronger margins.

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2026-07-08

Italy's Prime Minister Meloni said that if Italy increases defense investment, those investments must remain in Italy.

Italy's Prime Minister Meloni said that if Italy increases defense investment, those investments must remain in Italy.
2026-07-09

Alberta officials said Meta Platforms (META.O)'s new data center will be powered via an agreement with Pembina Pipeline and will not affect local grid stability.

Alberta officials said Meta Platforms (META.O)'s new data center will be powered via an agreement with Pembina Pipeline and will not affect local grid stability.
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