Latest Commodities News

Gold Prices Plummet 6% From Record Highs Amid Market Shifts

Gold prices have dropped 6% from their all-time highs due to easing market fears and shifting investor sentiment. Analysts suggest the rally may not be over yet.

Gold Prices Experience Volatility Amid Profit-Taking and Easing Market Fears

Gold prices have fluctuated recently due to profit-taking and easing market fears, dropping 6% from all-time highs. Analysts remain optimistic about future trends.

Gold Prices Soar as Investors Seek Safe Havens Amid Economic Turmoil

Gold prices have surged past $3,400 as investors seek safe havens amid economic uncertainty, with predictions of reaching $6,000. Major financial institutions are increasingly bullish on gold.

Gold Prices Soar Past $3,100: A New Era for Precious Metals

Gold prices have surged past $3,100, driven by bullish market sentiment and economic uncertainties. This article explores the factors behind the surge, market reactions, and future outlook.

Gold Prices Soar to Unprecedented Heights Amid Economic Turmoil

Gold prices have surged to record highs, surpassing $3,000 per ounce, driven by economic uncertainty and inflation concerns. This article explores the factors behind this rise and what it means for investors.

Economic Fears Shake Markets as Dollar Hits Three-Month Low

The U.S. dollar fell to a three-month low as economic fears and new tariffs imposed by President Trump rattled markets, prompting investors to seek safe-haven currencies.

Brent Oil Prices Spike As Supply Fears Mount

Brent oil prices have surged due to supply concerns, influenced by geopolitical tensions and production challenges. This article explores the implications for the economy and energy prices.

Crude Oil Prices Plummet: Monthly Decline Amid Economic Uncertainty

Crude oil prices are facing a significant decline, marking their first monthly drop since November due to economic data, tariff threats, and geopolitical tensions.

China's Gold Imports Plummet: A 44.8% Decline in January

China's gold imports via Hong Kong fell by 44.8% in January 2025, reflecting a significant decline in demand and impacting the jewelry industry.

Aluminum Market Shock: One Party Controls 90% of LME Inventories

A single entity controls up to 90% of aluminum inventories on the London Metal Exchange, raising concerns about market stability and potential shortages.

Tragedy Strikes at Harmony Gold's Mponeng Mine: Worker Fatality Reported

A worker has died at Harmony Gold's Mponeng mine following a seismic event that caused a ground collapse. This incident raises serious safety concerns in deep-level mining operations.

Crude Oil Prices Hold Steady Amid Rising U.S. Inventory

Crude oil prices remain stable despite a significant increase in U.S. crude stockpiles, influenced by supply disruptions and global demand concerns.

Iron Ore Prices Decline as Supply Concerns Subside in Australia

Iron ore prices have declined as supply concerns ease in Australia following the reopening of key ports after Tropical Cyclone Zelia. Despite this, demand pressures remain as analysts predict a drop in imports to China.

Agnico Eagle Achieves Record Cash Flow As Gold Prices Soar

Agnico Eagle Mines Limited reports record cash flow driven by a 27% surge in gold prices in 2024, highlighting operational efficiency and strategic investments.

Gold Prices Face Challenges Amid Economic Uncertainty

Gold prices are under pressure due to a significant drop in U.S. retail sales, raising concerns about consumer spending and economic stability.

Copper Prices Skyrocket Amid Tariff Announcements

Copper prices surged to a record high following President Trump's tariff announcements, reflecting market volatility and speculation about future trade policies.

Fluctuating Prices of US Coffee C Futures: A Market Overview

Explore the recent fluctuations in US Coffee C futures prices, influenced by supply chain dynamics and global demand. Stay informed with key market trends and predictions.

Oil Prices Plummet Amid Tariff Fears and Market Instability

Oil prices are declining due to tariff concerns and market fluctuations, marking a third consecutive week of losses. This article explores the factors influencing the oil market and the potential implications for future prices.

Central Banks' Gold Buying Surge: A Boost for Market Confidence

Central banks have purchased over 1,000 tonnes of gold in 2024, marking the third consecutive year of significant buying, reflecting growing market confidence.

Gold Prices Face Pressure Amid Global Trade Tensions

Gold prices are under pressure due to global trade tensions, yet they are outperforming the S&P 500, highlighting their status as a safe-haven asset.

Trump's Tariffs: A New Era of Economic Uncertainty

Explore the implications of Trump's new tariffs on Canada, Mexico, and China, and their potential impact on commodity prices and inflation.

Surging Industrial Demand Set to Propel Silver Prices to New Heights

Silver prices are projected to rise significantly due to increasing industrial demand, particularly from the solar sector, reaching $35 in 2025 and $38 in 2026.

Oil Prices Plummet Amid Stock Market Turmoil and Economic Concerns

Oil prices fell 3% to a two-week low as stock markets reacted to economic news, including weak data from China and U.S. tariff proposals.

Soaring Commodity Prices: A Response to Global Supply Chain Disruptions

Explore the recent surge in commodity prices driven by global supply chain issues, geopolitical tensions, and labor shortages, impacting various sectors of the economy.

Chile Braces for Global Lithium Surplus in 2024

Chile's mining agency forecasts a global lithium surplus for 2024 and 2025, despite production cutbacks due to low prices. The report highlights the evolving dynamics of the lithium market.

LME Greenlights New Metal Warehousing in Hong Kong, Enhancing Access to China

The London Metal Exchange has approved new warehousing in Hong Kong, enhancing access to mainland China, the world's largest metals consumer. This strategic move aims to boost the LME's presence in Asia.

Economic Uncertainty Drives Commodity Price Volatility

Explore the fluctuations in commodity prices amid economic uncertainty, driven by currency movements and investor sentiment as the market anticipates Trump's inauguration.

U.S. Inflation Data Sends Shockwaves Through Commodity Markets

Market reactions to the latest U.S. inflation data have significantly impacted commodity prices, particularly oil and the dollar. As inflation shows signs of cooling, traders are adjusting their strategies, leading to fluctuations in various markets.

Gold Market Insights: Strategic Reserves and Future Trends

Explore the latest insights and forecasts for the gold market, highlighting its role as a strategic reserve amidst global conflicts and economic uncertainties.

Japan's Bold Energy Strategy: Embracing Nuclear Power for a Sustainable Future

Japan is set to maximize nuclear power in its clean-energy strategy, aiming for 20% of energy supply by 2040 while boosting renewables to 40-50%. This shift addresses rising electricity demands and climate goals.

Vermilion Energy Expands Its Footprint with C$1.08 Billion Acquisition of Westbrick Energy

Vermilion Energy announces its acquisition of Westbrick Energy for C$1.08 billion, enhancing its operational scale in Alberta's Deep Basin.

Snow Lake Resources Boosts Financial Stability with New Share Offering

Snow Lake Resources Ltd. announces a share offering to raise capital and improve financial stability, aiming to navigate market challenges.

Horizon Copper Celebrates Positive Arbitration Ruling for Entrée Resources

Horizon Copper Corp. announces a favorable arbitration ruling for Entrée Resources, enhancing the future of the Oyu Tolgoi copper project in Mongolia.

Snowline Gold Discovers Promising Gold Intersections at Valley Deposit in Yukon

Snowline Gold Corp announces significant gold intersections at its Valley deposit in Yukon, revealing extensive mineralization and promising future prospects.

Canada's TSX Hits 4-Week Low Amid Lower Oil Prices

Canada's TSX composite index hits a four-week low due to lower oil prices and political unrest, reflecting broader economic challenges.

North Bay Resources Achieves 97% Gold Recovery in Fran Gold Project

North Bay Resources Inc. announces a remarkable 97% gold recovery from its Fran Gold Project, showcasing advanced extraction methods and significant concentrate upgrades.

Gold Stocks Gaining Attention Among Hedge Funds

Gold stocks are gaining traction among hedge funds as prices rise and demand increases. This article explores the factors driving this trend and highlights promising gold stocks.

Chevron CEO Champions Nuclear Energy Technology for Future Solutions

Chevron CEO Mike Wirth advocates for small modular nuclear reactors, emphasizing their potential role in decarbonizing energy supply and addressing the tech sector's growing demand for electricity.

Rio Tinto's $2.5 Billion Lithium Plan and Expansion in Argentina

Rio Tinto announces a $2.5 billion investment in Argentina's lithium sector, expanding the Rincon project to meet growing demand for battery materials.

Resource Shares Help Lift TSX As BoC Slashes Interest Rates

The TSX rises as resource shares gain momentum following the Bank of Canada's significant interest rate cut, signaling a response to slower economic growth.

Palisades Goldcorp and Radio Fuels Join Forces in Strategic Business Combination

Palisades Goldcorp and Radio Fuels announce a strategic business combination to create a leading resource-focused investment issuer, enhancing their market position and financial strength.

Equinor and Shell Join Forces to Boost UK Oil and Gas Production

Equinor and Shell have formed a joint venture to enhance UK oil and gas production, aiming to become the largest independent producer in the region.

EOG Resources and Matador Resources Show Strong Earnings Growth

EOG Resources and Matador Resources report strong earnings growth, showcasing resilience in the oil and gas sector. EOG remains profitable while Matador achieves significant EPS growth.

Oil Prices Decline Amid Supply Glut Concerns Despite OPEC+ Cuts

Oil prices fell over 1% due to supply glut fears, despite OPEC+ extending output cuts until 2026. Analysts predict weak demand will continue to pressure prices.

Condor Resources Launches Private Placement Offering Up to $1.5 Million

Condor Resources Inc. announces a private placement offering to raise up to $1.5 million for exploration projects and corporate purposes.

Patriot Battery Metals Achieves Milestone with Battery-Grade Lithium Hydroxide Production

Patriot Battery Metals has successfully produced a sample of battery-grade lithium hydroxide from the CV5 Spodumene Pegmatite, marking a significant milestone in its lithium project.

Cargill Plans Job Cuts Amid Commodities Trading Challenges

Cargill announces plans to cut 8,000 jobs, about 5% of its workforce, due to declining revenues and challenges in the commodities trading market.

Quebec Forest Industry Faces Pressure Amid Trump Tariff Threat

Quebec's forest industry faces significant challenges as Premier François Legault raises concerns over a potential 25% tariff proposed by U.S. President-elect Donald Trump, amidst existing pressures from high interest rates and duties on softwood lumber.

Why Is Kinross Gold (KGC) the Best Canadian Stock to Buy Under $10?

Explore why Kinross Gold (KGC) is considered the best Canadian stock to buy under $10, highlighting its operational strength, market position, and growth potential.

Canadian Small Business Optimism Takes a Hit Amid Tariff Threats

Canadian small business optimism was rising, but recent tariff threats and a Canada Post strike have created uncertainty. Explore the implications for small businesses in Canada.

Clearview Resources Ltd. Reports Strong Third Quarter 2024 Results

Clearview Resources Ltd. reports its Q3 2024 results, highlighting a 38% increase in oil production and a solid financial position despite challenges in natural gas prices.

Trump's Tariffs Impact on Commodities and Energy

Explore the potential impacts of Trump's proposed tariffs on commodities and energy, including oil, natural gas, agriculture, and the automotive industry.

Toronto Stock Market Dips as Commodity Prices Decline

Toronto's stock market dipped as commodity prices fell, despite global investor sentiment rising from the nomination of Scott Bessent as U.S. Treasury Secretary.

Climate Cash Deal at UN Summit Sparks Mixed Reactions

The recent UN climate summit in Baku resulted in a $300 billion annual deal for developing nations, sparking mixed reactions regarding its adequacy and the process of its adoption.

Mexico Invests $2.7 Billion In Port Expansion Despite Trump Threats

Mexico has announced a $2.7 billion investment in port expansion, signaling its commitment to economic growth despite external pressures from former President Trump.

Canada Post Faces $315 Million Loss Amid Ongoing Strike

Canada Post reports a $315 million loss in Q3 2024, exacerbated by an ongoing strike, highlighting challenges in the parcel delivery market.

Alaska Energy Metals Unveils Significant Nickel Discoveries at Canwell Property

Alaska Energy Metals Corporation announces significant nickel discoveries at the Canwell Property, part of the Nikolai Project in Alaska, highlighting district-wide potential and future exploration plans.

EOG Resources Stock Hold Strategy Recommended

EOG Resources stock hold strategy recommended by analysts amid fluctuating oil prices and market conditions.

White Gold Corp. Boosts Mineral Resources at Yukon Project

White Gold Corp. announces a significant increase in mineral resources at its Yukon project, with 1,203,000 oz gold indicated and 1,116,600 oz gold inferred.

TSX Rises as Mining Shares Lend Support

The TSX composite index rose as mining shares gained from higher gold prices, with insights into upcoming economic indicators and corporate news.

Malaysia Takes a Major Step Towards Renewable Energy with New Hydrogen Hub Agreement

A consortium has signed an agreement to develop a 10-GW green hydrogen hub in Sabah, Malaysia, aiming to drive economic growth and sustainability.

Drilling Deep Into the Canadian Upstream Industry: What to Expect?

Explore the evolving landscape of the Canadian upstream oil and gas industry, focusing on regulatory changes, technological innovations, and market demand.

Canada's Oil & Gas Industry Faces Production Cuts Under New Emission Rules

Canada's oil and gas industry is likely to cut production under new federal regulations aimed at reducing emissions. The proposed rules raise concerns among industry executives about the feasibility of maintaining production levels.

Occidental Petroleum Surpasses Q3 Earnings Expectations

Occidental Petroleum's Q3 earnings report shows a beat on earnings expectations but a revenue miss, raising questions about future performance.

China’s Copper Production Boom Threatens to Crowd Out the Rest of The World

China's surge in copper production raises concerns about its impact on global markets, potentially overshadowing other nations and leading to economic and environmental challenges.

China’s Economic Rescue Plan Leaves Commodities Stuck on Pause

China's recent economic rescue plan focuses on local government debt restructuring, leaving commodities markets in uncertainty as prices for key materials decline.

Petroperu’s New Board Is Unraveling as Two Directors Quit

Petroperu faces instability as two directors resign from its newly restructured board, raising concerns about governance and operational effectiveness.

Marathon Digital Holdings, Inc. (MARA) Stock Falls Amid Market Uptick: What Investors Need to Know

Marathon Digital Holdings, Inc. (MARA) stock experiences a slight decline amid a market uptick. Key insights on earnings expectations and analyst sentiment.

Kenorland Reports High-Grade Gold Results from Frotet Project

Kenorland Minerals Ltd. announces high-grade gold results from the Frotet Project in Quebec, highlighting significant mineralization potential and plans for further exploration.

Arch Resources Reports Q3 Earnings Shortfall Amid Revenue Growth

Arch Resources (ARCH) reported Q3 earnings of $0.41 per share, missing estimates significantly, while revenues exceeded expectations. The company's stock has underperformed in 2024, raising concerns about future earnings.

Hatchet Uranium Corp. Partners with Skyharbour Resources to Expand Uranium Portfolio

Hatchet Uranium Corp. has signed agreements with Skyharbour Resources Ltd. to acquire interests in five uranium projects in Saskatchewan, enhancing its position in the Canadian uranium exploration sector.

US Oil Production Hits Record Levels, Impacting Global Markets

The U.S. has reached record oil production levels, impacting global markets and energy prices. This article explores the implications of this surge in output.

Canada Warns Against Supply Chain Shutdowns in Resource Sector

Canada warns against potential supply chain shutdowns in the resource sector, emphasizing the importance of stability for economic recovery.

Surge Extends Property Purchase Agreement and Sells Nickel Property

Surge Battery Metals extends its property purchase agreement with M3 Metals and sells Nickel properties to FPX Nickel Corp. for $50,000.

Amerigo Resources (ARREF) Q3 Earnings and Revenues Lag Estimates

Amerigo Resources (ARREF) reported disappointing Q3 earnings and revenues, falling short of market estimates, raising concerns among investors.

Australia Risks Losing Its Iron Ore Dominance, Fortescue CEO Says

Fortescue CEO Elizabeth Gaines warns that Australia risks losing its iron ore dominance due to increasing global competition and emphasizes the need for innovation and sustainability in the industry.

Oil Prices Tumble As Iran Fears Ease, Yen Weakens After Japan Polls

Oil prices have dropped significantly as fears surrounding Iran ease, while the yen weakens following Japan's elections. This article explores the implications of these developments on global markets.

Teck Resources Reports Strong Copper Growth and Returns

Teck Resources reports strong copper production growth and significant returns to shareholders, marking a strategic shift towards energy transition metals.

Strathcona Resources CEO Resigns Amid Organizational Restructuring

Strathcona Resources CEO Rob Morgan steps down as the company reorganizes into four business units to maintain a lean operational structure.

Teck Resources Reports Strong Q3 Profit But Lowers Copper Production Forecast

Teck Resources reports a strong Q3 profit driven by increased copper production but lowers its full-year copper production forecast due to operational challenges.

Activist Investor Takes Aim at Pfizer: $20 Billion in Value Lost

An activist investor targets Pfizer, claiming a $20 billion loss in market value, raising concerns about the company's strategic direction and future prospects.

Stocks Retreat After Record Highs as Earnings Season Approaches

Stocks took a breather after achieving their longest weekly rally this year, as traders prepared for significant earnings reports from major companies like Tesla, Boeing, and UPS.

Shell and Singapore Port Authority Successfully Contain Pipeline Leak

Shell and Singapore's Maritime and Port Authority have contained a pipeline leak, implementing clean-up measures to prevent environmental damage and ensure navigation safety.

Palisades Goldcorp Ltd. Faces Leadership Change as Director Resigns

Palisades Goldcorp Ltd. announces the resignation of director Bill Hayden, effective immediately, to focus on other professional commitments. The company expresses gratitude for his contributions.

Resource Shares Propel Toronto Market to New Heights

The Toronto Stock Exchange's S&P/TSX composite index reached a record high, driven by gains in resource and financial shares, amid positive economic indicators.

Win for Musk’s Starlink as India Says No to Spectrum Auction Pitch from Ambani, Mittal

Elon Musk's Starlink wins a significant victory in India's satellite broadband market as the government opts for spectrum allocation over auction, challenging local telecom giants.

Toronto Market Dips as Oil Prices Plummet

The Toronto Stock Exchange's main index fell as oil prices tumbled, overshadowing positive inflation data. The S&P/TSX composite index closed down 32.09 points, or 0.1%, at 24,439.08.

China's Economic Strategy: Economists Seek More Aggressive Measures Against Deflation

China announces new economic measures to support the property sector and local governments, but economists express concerns over the effectiveness in combating deflation.

China Takes Bold Steps to Revitalize Property Sector Amid Economic Slowdown

China announces new measures to support its property sector, signaling potential increases in government spending to combat economic slowdown.

Japan's Mitsui Set to Re-Enter Precious Metals Trading Market

Japan's Mitsui & Co is set to re-enter the precious metals trading market after a nine-year absence, driven by a surge in gold prices and a need for enhanced liquidity.

ExxonMobil-Led Consortium Advances Seismic Research for Gas Exploration Off Crete

Greece announces that an ExxonMobil-led consortium will advance to the second phase of seismic research for gas exploration off Crete, following successful data collection.

Bernard Arnault Suffers $13 Billion Loss Amid China's Economic Uncertainty

Bernard Arnault, CEO of LVMH, lost $13 billion in a day due to China's uncertain economic recovery, highlighting the volatility of the luxury market.

Chevron Divests $6.5 Billion in Canadian Assets to Canadian Natural Resources

Chevron Corporation has sold its Canadian assets to Canadian Natural Resources for $6.5 billion, part of a broader strategy to streamline its global energy portfolio.

NVIDIA Corporation (NVDA) Positioned as Top Pick in AI Sector; CEO Huang Anticipates Billions in Revenue from High-Demand Blackwell GPUs

NVIDIA Corporation (NVDA) is positioned as a top pick in the AI sector, with CEO Jensen Huang anticipating billions in revenue from the high-demand Blackwell GPUs.

Kamala Harris Advocates for National Reserve for Critical Minerals

Kamala Harris proposes a national reserve for critical minerals to enhance U.S. manufacturing and reduce reliance on foreign sources, particularly China.

Hurricane Helene's Impact on Chip Sector and Medical Manufacturing

Hurricane Helene has disrupted the semiconductor and medical manufacturing sectors in North Carolina, affecting quartz supply and Baxter's operations.

US Energy Firms Surge Amid Rising Middle East Tensions

U.S. energy firms see stock price increases as crude oil prices rise amid escalating tensions in the Middle East, following Iran's missile attack on Israel.

TSX Hits Record Closing High Amid Rising Middle East Tensions and Oil Prices

The TSX reached a record closing high as rising Middle East tensions boosted oil prices, marking a significant milestone in the stock market.

Earnings Preview: Costco, FedEx, and Oracle Set to Surprise Investors

Costco, FedEx, and Oracle are in the spotlight as Zacks Investment Research releases its earnings preview for the upcoming quarter, revealing mixed results and expectations for Q3 earnings growth.

Australia Lowers Commodity Revenue Forecasts Amid Price Declines

Australia revises down its commodity revenue forecasts due to declining prices and economic pressures, highlighting the importance of government support for the mining sector.