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Jubilee increases copper production in the first quarter
Zambia-focused copper producer Jubilee Metals Group has reported positive progress for the quarter ended September 30 – the first quarter of its 2026 financial year – successfully improving its copper production, CEO Leon Coetzer says in an operational and projects update for the company’s Zambian operations for the period. Copper production was 938 t, up 65% from the previous quarter’s 568 t, with no material power outages affecting operations. Production was made up largely of copper concentrate produced by Roan for refining at Sable, prior to the start of high-grade copper ore deliveries from the Molefe ... (full story)
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From @financialjuice|Nov 21, 2025|8 commentsFed's Logan: The Fed should hold rates steady for a time to assess degree of restriction.
Opening remarks for panel titled ‘Economic uncertainty and the design and conduct of monetary policy’ Good afternoon. Thank you to the Karl Brunner Institute for inviting me to participate in this important conference. As always, the views I’ll share are mine and not necessarily those of my colleagues on the Federal Open Market Committee (FOMC). It is an honor to join this distinguished panel addressing a topic that is both timely and timeless: the role of economic uncertainty in monetary policy. The topic is timely because this is a moment of substantial uncertainty about the economic outlook. And it is timeless because, really, there’s nothing especially new about that situation. Uncertainty is a pervasive feature of the macroeconomy and monetary policymaking. Theoretical models in which one knows the precise current state of the economy, fully understands the economic mechanisms and has perfect foresight about the future can sometimes provide useful baseline approximations. But these are merely approximations. The world is complex, multifaceted and ever-changing. A policymaker cannot know with certitude the current state of every relevant aspect of the economy, let alone exactly how every part of the economy works or what shocks may arrive. Yet policymakers must still make policy decisions. Even a choice not to act is itself a decision. And we cannot let uncertainty paralyze us. Rather, it’s incumbent on policymakers to tackle uncertainty head-on. First off, policymakers can reduce uncertainty about the state of the economy by gathering economic information from a wide range of sources. For me, those sources include official statistics, private-sector data, financial market conditions, surveys of households and businesses, and reports from business and community leaders and market contacts about what they are seeing in the economy and financial system. Besides sharpening the economic picture, taking on information from a wide range of sources makes the policy process more robust to disruptions in the flow of information from any one source, such as the government shutdown in the United States that recently paused publication of many federal official statistics . But even after thorough information-gathering, some uncertainty will always remain. Fed's Logan: October rate cut was not warranted. FED'S LOGAN SAYS REPEATS SHE WOULD FIND IT DIFFICULT TO SUPPORT DECEMBER RATE CUT || INFLATION TOO HIGH, LABOR MARKET ROUGHLY BALANCED
From lbma.org.uk|Nov 21, 2025The London Metal Exchange (LME) has announced that from mid-2026, it will cease to administer the LBMA Platinum and Palladium prices in order to focus on its core base metals ...
From federalreserve.gov|Nov 21, 2025Thank you, Director Knotek, for the kind introduction. It is a pleasure to be with you today and to be back in Cleveland and the beautiful Fourth district. It is always a pleasure to visit the Federal Reserve Bank of Cleveland—and all the Reserve Banks. The hard work and dedication of Reserve Bank staff, leadership, and directors help ensure the economic well-being of communities across the country, including in Ohio, Pennsylvania, West Virginia, and Kentucky. One of the many important roles the Reserve Banks have is to be the connection between policymakers and families, workers, and businesses in every corner of the country. That allows us to be well-informed and to make the best decisions for the benefit of all Americans. I thank everyone here at the Cleveland Fed for their service. JEFFERSON: AI-RELATED STOCK GAINS UNLIKE DOT-COM BOOM LARGELY BECAUSE AI FIRMS HAVE ACTUAL EARNINGS JEFFERSON: TOO SOON TO KNOW HOW AI WILL IMPACT LABOR MARKET, INFLATION, MONETARY POLICY
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From pmi.spglobal.com|Nov 21, 2025|68 commentsUS business activity growth accelerated for a second successive month in November, according to early ‘flash’ PMI data, accompanied by the largest rise in new business seen so far ...
From breakingthenews.net|Nov 21, 2025|4 commentsThe Consumer Sentiment Index in the United States declined 4.9% in November compared to the previous month, to stand at 51, according to the final monthly report released by the ...
From finance.yahoo.com|Nov 21, 2025|3 commentsFederal Reserve Bank of New York President John Williams said he sees room for the US central bank to cut interest rates again in the near term as the labor market softens. In the ...
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- Nov 21, 2025 8:29am Posted byFundamental Analysis189
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