Commodities

Bezant Resources blasts first at Hope copper-gold mine
Australian miner advances Hope project in Zambia with initial blast, marking a key milestone toward production.

Gold prices ease as Hormuz Strait risks weigh on markets
Uncertainty over potential disruptions in the Strait of Hormuz tempers safe-haven demand despite softer U.S. dollar.

Oil demand outlook in focus as Trump strategy weighs on markets
Investors turn attention to crude consumption trends amid uncertainty over U.S. policy direction under a potential Trump administration.

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 copper project secures $5B financing as Q2 2026 slides advance
Swedish copper project advances toward Q2 2026 production target with $5 billion financing nearing completion. Updated slides highlight technical and financial milestones.

European gas prices retreat from multi-week highs on profit-taking
Profit-taking capped gains after European gas futures surged to the highest levels in weeks, with traders locking in gains following recent volatility.

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.

Iran asserts control over Strait of Hormuz, Fars reports
Iranian state-affiliated media reports that Tehran maintains control over the strategic Strait of Hormuz.

Antofagasta Shares Slip After Lowering 2026 Copper Output Forecast
Mining company Antofagasta saw its shares decline following a downward revision to its long-term copper production guidance for 2026.

Oil Prices Cool Despite US-Iran Deadlock
Crude benchmarks softened even as geopolitical tensions persisted between Washington and Tehran.

Gold Holds VC PMI Support as Logarithmic Analysis Eyes $4,524 Target
Gold prices are maintaining key VC PMI support levels, with logarithmic cycle analysis pointing toward long-term targets between $4,524 and $4,648.

Oil Prices Decline Following Lower 2026 Demand Projections by OPEC and IEA
Crude prices moved lower after both OPEC and the International Energy Agency reduced their demand forecasts for 2026.

EIA Projections Indicate 600,000 Bpd of Middle East Oil Offline Through 2027
The U.S. Energy Information Administration projects that hundreds of thousands of barrels per day of Middle East oil production will remain offline through the end of 2027.

Antofagasta H1 2026 Margins Reach 63% Amid Record Copper Prices
Antofagasta reported first-half 2026 operating margins hitting 63%, driven by record-high copper prices.

Silver Signals Potential Breakout Toward $70 Resistance Level
Market analysis indicates bullish momentum for silver, with technical indicators pointing toward a potential test of the $70 resistance level.

Ukraine Farmers Face Severe Distress as Black Sea Blockade Traps Harvest
Ukrainian agricultural producers face mounting financial strain and logistical hurdles as Russian naval blockades restrict grain exports through the Black Sea.

Oil Prices Fall 1% on Demand Concerns and Supply Outlook
Crude benchmarks declined by about 1% as a subdued global demand outlook outweighed ongoing supply uncertainties.

Gold Holds Near $4,400 Following CPI-Driven Rally
Gold prices remained stable near $4,400 per ounce following a rally driven by recent consumer price index data.

Oil Prices Fall on Weak Demand Forecasts Despite US-Iran Deadlock
Crude futures declined as lower demand projections outweighed concerns over stalled diplomatic negotiations between the United States and Iran.

Australia Extends $1.76 Billion Financial Lifeline to Rio Tinto Smelter Tomago
The Australian government has announced a $1.76 billion funding package to support the operations of Rio Tinto's Tomago aluminum smelter.

EIA Reports Significant Increase in US Crude Oil Inventories
The U.S. Energy Information Administration has recorded a massive uptick in domestic crude oil inventories.

US Energy Department Cancels Three National Electric Transmission Corridors
The U.S. Department of Energy has rescinded its designation of three national electric transmission corridors.

Russia’s seaborne grain exports drop 20% in July 2026
Decline follows seasonal trends and logistical constraints, with Black Sea shipments accounting for bulk of the reduction.

US resumes full avocado inspection operations in Mexico's Michoacán
American agricultural inspectors return to full capacity in Mexico’s top avocado-producing state after temporary disruptions amid security concerns.

