Commodities

BHP FY26 Slides Highlight Copper Dominance and 27% EBITDA Surge
BHP reported a 27% increase in EBITDA driven by operational excellence, with copper taking a dominant role in its FY26 presentation slides.

BHP Targets 50% Growth as Copper Drives Record Margins in FY26 Outlook
BHP outlined its FY26 strategic presentation slides, highlighting copper as the primary driver of record margins and a targeted 50% expansion.

Pan American Silver Q2 2026 cost gains tied to ramp-up
Pan American Silver's Q2 2026 cost increases linked to ramp-up at its Pan mine, according to company slides. Investors weigh operational efficiency amid rising expenses.

BHP flags record margins, self-funded growth on copper boom
Mining giant BHP reports FY2026 outlook driven by copper prices, with margins at historic highs and expansion plans financed internally.

Russia buys gasoline from India as domestic fuel runs short
Imports highlight supply strain in Russia’s domestic refining sector amid sanctions and logistical constraints.

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.

Edison faces copper supply risk after mine halt
Copper supply disruption at Edison Mine highlights broader market tightness as global demand outpaces production.

BHP annual profit surges 30% on copper rally, shares advance
Mining giant BHP posts record full-year earnings as copper prices hit decade highs, lifting shares despite softer iron ore performance.

Almonty Industries shares surge on tungsten market gains
Stock jumps as tungsten prices rise on supply concerns and industrial demand from China and Europe.

Wheat futures retreat on profit-taking amid Black Sea tensions
Benchmark Chicago Board of Trade wheat prices slipped as investors locked in gains, though geopolitical risks in the Black Sea region capped declines.

Corn futures rise ahead of Pro Farmer crop tour estimates
Traders position ahead of key U.S. corn yield data from the Pro Farmer tour, lifting futures modestly in thin summer trade.

Gold nears $4,450 as Fed rate-hike bets fade, dollar softens
Safe-haven demand supports prices despite persistent geopolitical and economic risks. Dollar’s decline amid shifting Fed expectations adds to upside momentum.

Seabridge Gold earnings in focus as gold prices hit records
Developer stocks surge amid record gold prices ahead of Seabridge Gold's earnings report. Analysts cite sector momentum and operational updates.

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.

Greenland Mines finishes Skaergaard bathymetric survey
Survey completes key phase at iron-titanium project in Greenland, supporting resource estimates and mine planning.

Gold holds steady as investors await Fed minutes
Precious metal consolidates ahead of U.S. central bank policy signals due Wednesday. Focus shifts to tone on inflation and rate path.

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.

Copper-aluminum spread widens to 16.5 points in three months
Diverging demand and supply dynamics drive a widening gap between copper and aluminum prices, creating a notable arbitrage opportunity for traders.

Wheat futures slip as profit-taking follows recent rally
Chicago Board of Trade wheat contracts retreat after three consecutive sessions of gains, with traders locking in gains amid technical resistance.

U.S. to unveil measures to boost refinery fuel output
Energy Secretary Wright announces policy steps aimed at increasing domestic fuel production amid supply concerns.

Chevron finds oil, gas offshore Angola
Major U.S. energy firm announces significant discovery in Block 14, offshore Angola. Details on reserves and next steps remain undisclosed.

Devon Energy approves 2.25 bcf/day Permian gas pipeline
Permian Basin expansion continues as Devon Energy greenlights new infrastructure to transport up to 2.25 billion cubic feet of natural gas daily.

Gold steadies as Fed rate-cut bets rise, real yields weigh
Gold prices held firm as softer U.S. inflation data boosted expectations for Federal Reserve rate cuts, though elevated real yields capped gains.

Thungela’s H1 2026 profit jumps on coal price rebound, rail efficiency
South African coal producer reports higher earnings for the first half of 2026 as coal prices recover and rail logistics improve. Shares rise on outlook.

