Latest Commodities News

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.

Activision Blizzard Announces Major Layoffs in Southern California

Activision Blizzard is set to lay off hundreds of employees in Irvine and Santa Monica as part of Microsoft's cost-cutting measures in its gaming division.

Short-Seller Report Questions New Found Gold's Promising Claims

A short-seller report questions the claims of New Found Gold Corp., raising concerns about the viability of its gold deposits and the company's future.

Banyan Gold Corp. Celebrates Federal Funding for Yukon Grid Connectivity

Banyan Gold Corp. welcomes federal funding for Yukon grid connectivity, enhancing green energy capacity and supporting mining sectors.

The Rise of Natural Hydrogen: With a Focus on Quebec Innovative Materials, Max Power, and Longhorn Exploration

A dive into natural hydrogen developments with QIMC, Max Power, and Longhorn.

Why Max Power Shares Are Up 20%

Rider Project: Max Power's game-changing hydrogen discovery.

Q2 Metals Corp: Why the Cisco Lithium Property Stands Out

Q2 Metals' Cisco Drilling Results Signal Strong Lithium Potential

Emerging Trends in Mineral Exploration and Mining in North America

Explore the latest trends in North America's mining, including new technologies, sustainable practices, and regulatory changes.

Modern Gold Rush: The State of Gold Mining in North America Today

Explore the dynamic gold mining industry in North America, its history, economic impact, and sustainable practices today.