June 12, 2014
Thomson Reuters Extends Global Gold Mine Analysis in Eikon
NEW YORK, LONDON – Thomson Reuters today announced it has extended its commodity research and forecast service on its flagship desktop, Thomson Reuters Eikon, to include key insight for gold markets professionals. Metals traders and analysts using Thomson Reuters Eikon can now access detailed global gold mine information using GFMS Mine Economics, including production forecasts and independent analysis of publicly reported information.
Mine analysis has historically proven difficult to compile at a global level due to varying sources of non-standardized operational, financial, and production data. Commodities professionals face significant challenges in performing competitive analyses and tracking global trends due to this lack of consistent cost reporting across regions.
GFMS Mine Economics in Eikon provides a detailed database of historical and forecast data for more than 350 gold mines and projects around the world, representing the majority of global gold production by listed companies. Customers can now view mine-by-mine historical and forecast operational data through 2030. This allows financial professionals to analyze production, cost and cash flow metrics, produce filtered industry cost curves and conduct peer group and benchmarking analyses. Eikon customers will also benefit from access to standardised non-GAAP financial metrics for these assets, which are typically unavailable in reported filings.
Individual mine assets can be viewed using the advanced map imagery available in Interactive Map in Eikon, and the corresponding GFMS Mine Economics data can be exported to Microsoft Excel, enabling customers to view and analyze the information in the way that best suits their needs. Thomson Reuters plans to add mine data for additional metals to GFMS Mine Economics in Eikon over time.
"By integrating GFMS Mine Economics data into Thomson Reuters Eikon, we're providing our customers with actionable insight on gold mines around the globe," said Stefan Reichenbach, global head of commodities research and forecasts, Thomson Reuters. "GFMS in-depth knowledge of the precious and industrial metals markets is widely respected in the industry. By integrating this market intelligence with the innovative tools, real-time news and community of Thomson Reuters Eikon, we are giving metals professionals the data, research and analysis tools they need to track global trends and perform competitive analyses more efficiently."
Thomson Reuters Eikon is a powerful and intuitive next-generation solution for consuming real-time and historical data, enabling financial markets transactions and connecting with the financial markets community. Its award-winning news, analytics and data visualization tools help its users make more efficient trading and investment decisions across asset classes and instruments including commodities, derivatives, equities, fixed income and foreign exchange. Thomson Reuters Eikon is a leading desktop and mobile solution that is connected, informed and intelligent, and provides access to a messaging community of over 210,000 financial professionals.
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