Commodities

Uniper, Equinor sign 15-year gas supply deal worth over 30 TWh annually
German utility Uniper secures long-term Norwegian gas supply from 2027 to 2041, reinforcing Europe's energy security amid ongoing market volatility.

Empire Metals upgrades Pitfield titanium project, releases investor presentation
The Australian project’s mineral resource estimate rose to 8.16 billion tonnes at 4.3% TiO₂, with a 99.25% TiO₂ product grade confirmed via conventional processing.

Silver futures break key resistance on technical momentum
Technical analysis points to a bullish breakout above $70, with projected targets of $72.26–$74.98 as traders eye further upside. Silver’s recent rebound follows a sharp recovery from weekly lows.

Empire Metals releases investor presentation after Pitfield project update
The miner disclosed an updated mineral resource estimate for its Western Australia titanium project, alongside a new investor deck. Total resource now stands at 8.16 billion tonnes at 4.3% TiO₂.

Silver hits 61.8% Fibonacci level as MFI nears overbought extreme
Silver price reached $69.15, aligning with the 61.8% Fibonacci retracement, while the Money Flow Index surged to 89.1, signaling potential short-term reversal risks.

Rockhopper to raise capital for second Sea Lion FPSO amid project expansion
Rockhopper Exploration plans a capital raise to fund its 35% share of a second FPSO for the Sea Lion oil project, with Navitas Petroleum exercising an option to acquire the vessel. First oil from the Northern Development Area remains on track for early 2028.

Cora Gold secures Mali license renewal for Sanankoro II gold project
Mali’s government approved the renewal of Cora Gold’s exploration license for the Sanankoro II gold project, a key step toward securing a larger mining permit. The company also secured $120 million in financing for development.

Kazera Global reports $369 million mineral resource value in South Africa
Technical report estimates in-situ value of heavy mineral sands at Sea Concession 2A project, though no recoverable reserves or revenue figures are provided.

Kazera Global’s South Africa project yields $369m mineral resource estimate
Heavy mineral sands at Sea Concession 2A in Alexander Bay valued at $369.3m in first technical report. Ilmenite and garnet account for 82% of the in-situ value.

Indian sugar stocks jump on tight supplies, festive demand
Bajaj Hindusthan Sugar leads gains after prices rise on delayed monsoon and El Nino disruptions. Government import approvals fail to offset supply tightness ahead of peak season.

Quantum Helium advances Sagebrush helium project with new targets
Extended production test confirms rapid pressure recovery and identifies multiple prospects. Company holds 90% stake in Sagebrush, 100% in Coyote Wash.

Indian sugar stocks surge on festive demand and tight supply outlook
Shares of major Indian sugar producers surged on Monday as domestic prices firmed and festive demand fueled buying interest, despite government efforts to curb inflation through import measures.

Quantum Helium finds commercial oil, advances helium tests in Colorado
Extended production test at Sagebrush-1 well confirms 2.5% helium concentration and identifies new oil target in Leadville Formation. Quantum advances permitting for two additional oil prospects.

Swiss market opens lower as pharma stocks weigh; gold hits 3-month high
SMI falls 0.22% in pre-market as Roche and Novartis drag; DAX seen little changed. Brent oil dips 1.5% to $92.94/barrel; WTI at $85.61. Gold climbs 0.75% to $4,637/oz.

Norway to proceed with Arctic drilling despite EU opposition
Energy minister says Barents Sea development is critical for Europe's supply security and Norway's long-term role as a key oil and gas exporter. EU's Arctic moratorium stance clashes with Oslo's sovereign energy strategy.

Iran discovers major natural gas field with 212 bcm reserves
New field in southern Fars province holds 212 billion cubic meters of gas, with 161 bcm recoverable. State media cites lower costs due to sweet gas composition amid production declines from war-related damage.

Swiss blue chips flat; gold hits three-month high; SoftBank slides
Swiss equities opened cautiously as gold surged to its highest level since May. SoftBank led losses in Asia after weak buyback guidance from Samsung Electronics weighed on tech sentiment.

Weekend ship traffic through Strait of Hormuz falls to 20 vessels
Iran-U.S. tensions curtail energy transit corridor; analyst data shows sharp drop in commercial vessel crossings amid regional instability.

MMG shares rise 2.8% as Peru copper mine Las Bambas resumes operations
MMG Ltd’s Hong Kong-listed shares climb after the Las Bambas copper mine in Peru restarts following a fatal accident and temporary suspension. The mine accounts for a significant portion of MMG’s revenue.

Roche, Alphabet, BMW issue bonds totaling $4.4 bln in latest deals
Swiss healthcare giant Roche raises 410 mln CHF, while Alphabet sells $3.5 bln USD bond and BMW taps markets with $500 mln floater. All three issuances carry Moody’s Aa2 or A2 ratings.

Gold holds near three-month high as U.S. Treasury bond purchases drive yields lower
Bullion consolidates gains above $4,600 per ounce after U.S. debt buybacks push 10-year yields down and the dollar steadies. Silver and platinum slip as investors rotate into gold.

Gold steadies near $4,628 as Treasury debt moves lift bullion
Bullion holds near three-month high after U.S. Treasury surprise boost to longer-dated debt purchases. Silver and platinum retreat as dollar steadies.

Stanmore reports 18% EBITDA rise in H1 2026 on higher coal prices
Underlying earnings before interest, taxes, depreciation and amortisation climbed to $174 million as strong coking coal prices offset cost pressures. Full-year guidance maintained.

U.S. Treasury announces sweeping sanctions against Iran amid oil export threat
Washington prepares 'economic D-Day' targeting Tehran's financial networks, as Iran vows to halt all oil shipments through the Strait of Hormuz.

