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Goldman Sachs

Goldman Sachs is a global investment banking, securities and investment management firm headquartered in New York City. The company operates across major financial centres worldwide, including London, Hong Kong, Tokyo and Sydney, providing services to corporations, governments, institutions and high-net-worth individuals. Goldman Sachs is publicly listed on the New York Stock Exchange and ranks among the world's leading investment banks by revenue and market capitalisation. Core services include mergers and acquisitions advisory, underwriting of debt and equity securities, asset management, prime brokerage and market-making across fixed income, currencies and commodities. The firm is a significant player in natural resources financing and advisory, regularly advising mining and energy companies on transactions, capital raising and strategic restructuring. Goldman Sachs employs tens of thousands of staff globally and maintains a strong presence in emerging markets, including Africa, where it has advised on infrastructure, mining and sovereign debt transactions. The bank also operates a principal investment arm that takes direct stakes in companies and projects. Goldman Sachs was founded in 1869 and has grown through expansion and acquisition to become one of the most influential institutions in global finance.

Goldman Sachs Updates


Kalgoorlie mine in Western Australia
Elliott takes A$1-billion stake in Australia's Northern Star, calls for strategic review
2nd June 2026 By: Reuters

Shares in Australia's biggest gold miner Northern Star Resources jumped on Tuesday after activist investor Elliott Investment Management disclosed an over A$1-billion ($714.6-million) stake and... 


Reserve Bank Governor Lesetja Kganyago
South Africa poised for first rate hike since 2023 on Iran war
28th May 2026 By: Bloomberg

South Africa’s central bank is set to raise borrowing costs for the first time in three years as policymakers seek to combat inflationary pressures stemming from the Iran war, including sharply... 


Gold bars
Goldman says central bank gold-buying stronger than thought, to reaccelerate
18th May 2026 By: Reuters

Central bank demand for gold has been stronger than previously estimated and is likely to pick up again into 2026, Goldman Sachs said on Friday, after revising its model to account for gaps in... 


Coins
Goldman now sees two 2026 South Africa rate hikes because of war
14th May 2026 By: Bloomberg

Goldman Sachs expects South Africa to raise interest rates twice this year after previously seeing a series of cuts, as the Iran war fans inflation risks around the world. The bank forecasts... 


Oil refinery infrastructure
Goldman says global oil stocks approaching eight-year low, depletion speed a concern
5th May 2026 By: Reuters

Global oil stocks are approaching their lowest level in eight years, Goldman Sachs said on Monday, warning that the speed of depletion was becoming a concern as supplies through the Strait of... 


The Moranbah North mine
Anglo advances coal business sale after setback with Peabody
23rd April 2026 By: Bloomberg

Anglo American has at least three potential buyers for its Australian steelmaking coal business after a sale to Peabody Energy Corp was derailed last year following a fire at one of the mines.... 


Copper cathode being transported
Goldman Sachs maintains 2026 copper price, surplus forecasts
22nd April 2026 By: Reuters

Goldman Sachs on Tuesday maintained its forecast for the copper price to average $12 650 per metric ton this year and its estimate of a 490,000-ton 2026 surplus for the metal. However, the bank... 


Seabed
American exploration majors merge to form $1bn deep-sea mining company
9th April 2026 By: Marleny Arnoldi

American Ocean Minerals Corporation (AOMC) has announced it will merge with Nasdaq-listed Odyssey Marine Exploration to create one of the largest US-controlled critical mineral and rare earths... 


Copper roll closeup
Goldman warns on copper as Iran war threatens global economy
7th April 2026 By: Bloomberg

Copper is vulnerable to further declines if the Strait of Hormuz remains blocked, Goldman Sachs Group warned as metals markets brace for President Donald Trump's deadline for Iran to agree a deal... 


Equipment in operation on a farm
Hormuz-driven fertilizer shortage could raise grain prices, Goldman Sachs says
25th March 2026 By: Reuters

Disruptions to nitrogen fertilizer supply through the Strait of Hormuz could reduce global grain yields and shift planting decisions, potentially lifting grain prices, Goldman Sachs said in a... 


The Alba smelter in Bahrain has idled 19% of its capacity.
Goldman lifts Q2 aluminum forecast to $3 200 on supply disruptions
25th March 2026 By: Reuters

Goldman Sachs raised its second-quarter LME aluminum average price forecast to $3 200 a tonne from $3 100, citing supply losses from Middle East disruptions and the shutdown of the Mozal smelter in... 


South African banknotes
Goldman says Iran war risks weighing on rand, forcing rate move
13th March 2026 By: Bloomberg

Prolonged higher oil prices could force the South African central bank to consider raising interest rates as a weaker rand pushes inflation higher than it’s prepared to tolerate. That’s according... 


An oil rig and oil tanker at sea
Oil prices seesaw as markets weigh IEA reserves release, persistent supply concerns
11th March 2026 By: Reuters

Oil prices rebounded on Wednesday as markets doubted whether the International Energy Agency's reported plan for a record release of oil reserves could offset potential supply shocks from the... 


Illustration showing 3D-printed oil pump jacks, the Iranian flag and a rising stock graph
Global economy faces inflation and growth test amid escalating conflict in Iran – Goldman
5th March 2026 By: Reuters

A temporary surge in oil prices to $100/bbl could slow global growth by 0.4 percentage point, Goldman Sachs analysts said on Thursday, as a widening conflict in Iran chokes off vital Middle East... 


Aluminium produced in Canada
Aluminium price surge will depend on length of Strait of Hormuz disruption, Goldman Sachs says
3rd March 2026 By: Reuters

Goldman Sachs said Monday the biggest risks to aluminium stem from potential disruptions to export routes and access to raw materials through the Strait of Hormuz, noting that the effect on prices... 


An oil rig and tanker
Oil prices to remain high for days with Strait of Hormuz in spotlight, analysts say
2nd March 2026 By: Reuters

Analysts expect oil prices to remain elevated over the coming days while markets focus on the impact of escalating Middle East conflict on supplies through the Strait of Hormuz, a conduit for more... 


Oil tankers pass through the Strait of Hormuz
Oil and gas prices surge as Iran war disrupts Middle Eastern output
2nd March 2026 By: Reuters

Oil and gas prices surged on Monday following Israeli and US strikes on Iran and retaliation by Tehran that forced shutdowns of oil and gas facilities across the region and disrupted shipping in... 


Rand Currency
South Africa traders are most bearish on rand in three years
24th February 2026 By: Bloomberg

Bearish options bets on the rand are at the highest in almost three years as traders start to question whether the South African currency’s headlong rally has further to run. So-called risk... 


Finance Minister Enoch Godongwana
Goldman and Citi see South Africa waiting to adopt rule on debt
24th February 2026 By: Bloomberg

South Africa’s finance minister is unlikely to formally adopt a fiscal anchor in this week’s budget, opting to wait until at least October to introduce the rule aimed at curbing public debt,... 


Finance Minister Enoch Godongwana
2026 Budget: What will Godongwana do on debt, taxes?
23rd February 2026 By: Reuters

Finance Minister Enoch Godongwana will present the 2026 budget bill to lawmakers on Wednesday. Investors in Africa's economic powerhouse are watching closely to see whether the Treasury can keep... 


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