Commodities

Aterian’s Rwanda tungsten trial secures £180k via convertible loan
Rwandan subsidiary Eastinco Limited raises £180,000 to test tungsten trading amid expansion into critical minerals

Oil Futures Pull Back From Gains as Hormuz Reopening Talks Ease Supply Fears
Crude retreated after recent surges as discussions emerged on reopening the Strait of Hormuz, while the IEA's latest report added to bearish demand sentiment.

Venezuela's Acting President Rodriguez Signs Hydrocarbons Agreement with TotalEnergies
Venezuela's acting President Rodriguez signed a hydrocarbons and cooperation agreement with French oil major TotalEnergies.

Swiss rental prices drop for first time in five years
A nationwide decline in advertised rental rates in Switzerland follows five years of increases, with regional disparities widening amid tight housing supply.

Galantas Gold Commences 15,000-Meter Drilling at Chile’s Andacollo Project
The company aims to extend gold mineralization and assess copper potential near Teck Resources’ adjacent mine by mid-2024.

Oil futures pull back following discussions on reopening the Strait of Hormuz and the monthly IEA report
Oil futures fell after talks about reopening the Strait of Hormuz and the latest IEA report.

Fusion Fuel’s UAE LPG subsidiary expands fleet with new tanker
Al Shola Gas adds a 17,800-liter LPG bobtail to its fleet, raising total vehicles to 53 and setting revenue targets at AED 6 million annually.

France's Wine Output Nears 70-Year Low as Drought Shatters Harvests
France's wine production is on track for its lowest level in seven decades as heatwaves and droughts slash yields, pushing the country to third place behind Italy and potentially Spain.

SMI Reclaims Gains Before ECB, Copper Retreats From Record, Oil Holds Above $100
Swiss blue chips reversed morning losses ahead of an almost certain 25-basis-point ECB rate hike, while copper fell 2.2% from a record and Brent crude stayed above $100 on Middle East risk.

Lahontan Gold Names Billy Choi as CFO Amid Mine Permitting Push
Billy Choi takes over as CFO in October 2026, following John McNeice’s tenure, as the Nevada-focused miner advances permitting for its Santa Fe gold project, targeting production in 2027.

Copper hits record highs while smelters face negative margins on every ton
Copper prices have reached record highs globally, and smelters are reporting negative margins on each ton processed.

Brent crude breaches $100 a barrel as Middle East tensions and tanker attacks fuel supply concerns
Brent crude futures rose above $100 a barrel, driven by escalating Middle East conflict and attacks on tankers that are heightening fears of physical supply disruptions.

Asian Stocks Slip on AI Slowdown Fears as Oil Surge Fuels Rate-Hike Odds
Asian equities fell as concerns over a deceleration in artificial-intelligence development weighed on tech shares, while oil climbing above $107 lifted swap-trader odds of a Federal Reserve rate increase.

Orion Minerals Targets Copper Production With $250M Glencore Deal
Orion Minerals presented plans to restart the Prieska copper-zinc mine in South Africa, backed by a $250 million prepayment and offtake agreement with Glencore.

Talisman Mining Raises $4M Ahead of Gold Exploration Push
Share price rises 1.45% as company highlights new drilling programs in New South Wales portfolio, including key gold targets at Walkers Hill and Junee-Narromine.

Turaco Resources Outlines Low-Cost Gold Development Plans for Côte d'Ivoire
Turaco Resources targets first production by 2028 from its Boundiali project, touting discovery costs of US$8 per ounce and a pre-feasibility study showing 6Mtpa throughput.

Muzinich’s Greil-Castro: Short-Term Corporate Bonds Offer Higher Yields Than Long-Term Sovereigns
Investment strategist Tatjana Greil-Castro argues that short-duration corporate bonds provide better risk-adjusted returns than long-term sovereign debt, despite rising yields on US, UK and EU government bonds.

Venezuela's $4 Billion Gold Reserves Set for Transfer From London to New York
A negotiated deal would move 31 tonnes of Venezuelan gold from the Bank of England to the Federal Reserve Bank of New York, ending a seven-year legal dispute over frozen sovereign reserves.

Saudi Arabia informs European refiners of next month crude delivery halt due to East-West pipeline shutdown
Saudi Arabia has told European refiners that crude shipments will pause next month because the East-West pipeline is being shut down.

Trump lifts 10% whiskey tariff on Ireland after EU spirits trade dispute
US President Donald Trump announced he would remove a 10% tariff on Irish whiskey exports to the US, citing pressure from Irish officials and business groups over EU-wide spirits trade restrictions.

Brent crude breaches $100 a barrel as Middle East war widens and shipping attacks intensify
Brent crude oil prices have moved above $100 a barrel amid a widening Middle East conflict and shipping attacks.

India's Arya.ag Tests Tokenized Grain Receipts on Avalanche
An Indian agri-lender is piloting a system that puts warehouse-backed grain ownership records on a dedicated Avalanche blockchain, linking deposits to collateral and loan data through Finternet.

Gold Holds Firm Near $4,386 as Fed Rate Hike Fails to Weigh on Safe-Haven Demand
Spot gold rises nearly 1% this week despite a 25-basis-point Federal Reserve rate increase, as investor demand remains resilient against elevated Treasury yields and traditional macro headwinds.

European natural gas holds near multi-year highs as Gulf tensions weigh on supply
Dutch gas trading at 79.64 euros per MWh amid Strait of Hormuz disruption risks; EU storage remains well below seasonal norms.

