Commodities

Whitehaven Coal posts A$1.25bn FY26 EBITDA as costs fall despite softer prices
Record output of 40.3 million tonnes offsets a 6% price decline, while unit costs drop to A$132 per tonne. Net profit rises to A$385m on A$5.4bn revenue.

Iluka’s H1 2026 cash flow jumps 115% as rare earths refinery nears completion
Mineral sands producer Iluka Resources reported a surge in operating cash flow and slashed net debt by 42% in the first half of 2026, while advancing its Eneabba rare earths refinery project toward a 2027 commissioning target.

Whitecap Resources sets 2026 debt target after Veren acquisition
Canadian oil producer outlines CAD 2 billion debt reduction plan and forecasts CAD 2.2 billion free cash flow in 2026 base case. Production guidance maintained at 384,000-386,000 BOE/day.

Industries Qatar posts 89% profit slump in H1 2026 on lower volumes
Net profit fell to QR 216 million as volumes declined 31% and sales dropped 46% year-over-year. Steel segment remained profitable while petrochemicals and fertilizers posted losses.

Radiant World cuts jobs after bank account freezes amid fraud allegations
Singapore-based iron ore trader Radiant World has laid off staff and sold inventories after Deutsche Bank and KBC Group froze accounts, citing concerns over falsified documents.

Global bond yields hit multi-decade highs on debt, inflation pressures
Long-term government bond yields in the U.S., Germany, France, Canada and Japan have surged to levels not seen since the 2000s, driven by rising debt loads and competing corporate borrowing.

Floating-rate bond ETFs outperform as yields rise in 2026
Top-performing bond ETFs in 2026 focus on floating-rate and ultra-short strategies, avoiding duration risk amid rising Treasury yields. Key picks include USFR, JAAA and JPST.

Goldman Sachs upgrades protein market outlook ahead of Hormel Foods earnings
Pork and beef cutout prices fell in July while packer margins diverged. Analysts see improving conditions for Hormel Foods ahead of its August 27 earnings release.

Lonza completes decade-long mercury cleanup in Swiss Valais
Pharmaceutical group removes 3.5 tonnes of mercury from 170,000 sq m of contaminated soil in Upper Valais after 10-year remediation effort costing 51 million francs.

NexGen Energy Discusses Saskatchewan Uranium Project with BHP
NexGen Energy has entered into discussions with mining giant BHP regarding a potential development of its Saskatchewan uranium project.

NexGen Energy in talks with BHP for $1 billion uranium financing
Canadian uranium miner NexGen Energy is in early-stage discussions with BHP to secure funding for its flagship Rook I project, sources say.

Sims Limited shares drop 12.8% on weak H2 2026 outlook
Mixed second-half 2026 guidance prompts sharp selloff in Australia-based metals recycler.

Skyline Builders acquires two Nevada gold and silver properties
Transaction expands Skyline Builders' portfolio in Nevada’s mining sector. Terms of the deal were not disclosed.

BASF warns of supply constraints due to low Rhine water levels
German chemicals giant cites reduced cargo capacity on Europe's key waterway as output impacted.

Wall Street strategist bullish on gold amid market uncertainty
Gold gains favor as hedge against volatility, with one strategist recommending a long position amid shifting macro conditions.

Deep-sea mining emerges as key source for critical minerals
Industry and policymakers eye underwater reserves to meet surging demand for rare earths and battery metals amid supply chain constraints.

Olam Group’s H1 2026 profit declines, cash flow strengthens
Half-year results show net profit down 12% year-on-year as commodity headwinds persist, though operating cash flow rises 18% on working-capital discipline.

Pan American Silver Q2 2026 slides show strong cash flow, profit miss
Silver miner posts robust quarterly cash flow despite underwhelming profit figures, signaling operational strength amid market volatility.

Viscaria copper project financing nears completion for Q2 2026
Swedish miner advances funding talks for its Q2 2026 copper project, with completion expected ahead of production start.

Viscaria Advances Q2 2026 Mine Build as Financing Nears
Viscaria reported progress on its upcoming mine construction slated for the second quarter of 2026, with project financing nearing completion.

Peter Thiel acquires 1% stake in Argentina’s Vista Energy
Billionaire investor Peter Thiel takes a 1% stake in Vista Energy, an Argentine oil and gas company, via his investment firm Thiel Capital.

China's Copper Output Expected to Fall Amid Raw Material Shortage
China's refined copper production is reportedly projected to decline for a second consecutive month as smelters face tightening supplies of raw materials, according to market reports.

Gold maintains upward trend despite rising real yields
Traders cite resilient technical support as real rates climb, keeping the yellow metal's bullish structure intact.

U.S. power demand to hit record highs by 2027: EIA
Electricity consumption expected to climb 3% annually through 2027, driven by AI, manufacturing and data centers.

