Commodities
SQM posts record Q2 2026 profit as lithium rebound boosts revenue to $2.47bn
Net income surged 646% year-over-year to $660 million as lithium prices and volumes soared, while adjusted EBITDA margin reached 53%.
Gold slips after Treasury buyback plan lifts yields, geopolitical risks loom
U.S. Treasury buybacks for long-term debt lifted yields, pressuring gold after a brief rally. Middle East tensions and Fed policy expectations add to downside risks.
Prospera Energy sees heavy oil reactivation drive Q2 revenue to record CAD 6.2M
Company targets 3,300 bpd output by 2028 as reactivated wells deliver strong cash flow and efficiency gains. Capital program funded by CAD 12M private placement.
Gold faces technical pullback before potential bullish continuation, analysis shows
A mixed market structure across timeframes suggests a likely correction before renewed upside, with key support and resistance levels in focus. The analysis outlines scenarios for both shallow and deeper pullbacks.
Gold dips as yields surge, oil strengthens stagflation risks
Futures retreat after U.S. long-term yields hit multi-decade highs; Middle East tensions lift crude prices and inflation concerns. Fed minutes due Wednesday in focus.
US distillate inventories fall further as crude stocks show little change
Crude inventories dipped modestly while distillates posted another large draw, keeping product balances tighter than seasonal norms despite a minimal headline change.
Gold, silver consolidate as dollar holds firm ahead of FOMC minutes
Precious metals retreat after recent breakouts as the U.S. dollar remains resilient despite macro headwinds. Traders await July FOMC minutes for directional cues.
Silver tests key support zone as 360-day cycle nears completion
Precious metal approaches critical $61–$63 technical zone ahead of late-August timing window. Analysis flags potential mean-reversion setup if buyers regain control.
German oil producer Deutsche Rohstoff posts 7.5% revenue rise in H1 2026
First-half revenue reaches EUR 110 million as higher oil prices and asset sales boost earnings. Full-year outlook raised to EUR 300-320 million.
ReElement secures air permit for Indiana rare earth refining facility
Minor Source air permit authorizes all four production lines at Marion Supersite, enabling scaled separation of germanium, gallium and heavy rare earths for defense and industrial supply chains.
Gold tests key support after Fed minutes signal hawkish shift
Futures retreated below $4,540 after Fed minutes flagged dissent for a rate hike, while technicals point to further downside toward $4,495 if support fails. Geopolitical risks remain elevated.
Rusal shares rise 1% as aluminium gains offset sanctions pressure
Russian aluminium producer posts $196 million H1 2026 profit after $455 million annual loss in 2025, as higher metal prices and supply disruptions lift revenue 10.9%.
Leroy Seafood lifts wild-catch outlook despite Q2 earnings dip
Norway-based seafood producer raises full-year EBIT guidance for wild-catch segment to NOK 400-450 million on higher volumes and pricing, offsetting a 26% drop in Q2 operational EBIT.
Cerrado Gold sees Q2 2026 gold output jump 35%, costs rise
Q2 2026 gold-equivalent production reached 15,415 ounces, up 35% year-over-year, while all-in sustaining costs climbed to $1,933 per ounce amid Argentina’s 30% inflation. Full-year guidance maintained at 50,000-60,000 GEOs.
Vibra Energia targets mining sector with premium diesel expansion
Brazilian fuel retailer launches Supera Plus diesel for mining operations after trials at Vale’s Salobo and Onça Puma mines showed fuel savings and reduced maintenance costs. Expansion planned into agribusiness, industry and logistics.
U.S. commits $62.8 million to African rare earth projects amid private-sector caution
DFC funding targets Malawi, Angola, Madagascar and South Africa to de-risk projects shunned by investors wary of Chinese market dominance and project risks.
Charbone secures electrolyzer for Sorel-Tracy hydrogen plant expansion
The Canadian hydrogen producer advances Phase 1B of its Sorel-Tracy facility after receiving a key electrolyzer, with construction and a fall launch remaining on schedule.
Nvidia H200 chips enter China in limited shipments amid U.S. controls
ByteDance and Tencent received about 10,000 H200 processors each, with approvals for up to 100,000 chips per firm under U.S. export rules.
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.
Whitehaven Coal shares drop 3.7% on weak coal prices, AUD strength
Falling metallurgical and thermal coal prices, combined with a stronger Australian dollar, weighed on Whitehaven Coal's revenue and stock price. Managed output met guidance at 40.3 million tonnes.
Gold steadies near $4,500/oz as yields ease; Fed minutes awaited
Bullion pared losses after a sharp drop as U.S. Treasury yields declined and oil prices rose. Treasury to double buyback operations next month as Fed minutes loom.
Whitehaven Coal posts record output, AUD 227m profit in FY2026
FY2026 underlying net profit fell to AUD 227m as coal prices eased, but record production of 40.3m tonnes and cost discipline supported margins. Dividend declared at AUD 0.06 per share.
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.
Oil rises as Hormuz export risks heighten geopolitical premium
Brent and WTI advance near three-week highs as traders price in supply disruption risks from the Strait of Hormuz and Middle East tensions. U.S. crude inventories climbed last week.