Global commodity trading profits topped $100 billion for second-best year everWhile earnings fell from 2022’s blockbuster records, profits across the sector still easily eclipsed prior highlights such as in 2008-2009.Bloomberg News | March 18, 2024 | 7:57 am
Iron ore price rebounds on upbeat China data, lower shipmentsTotal shipments from top producers Australia and Brazil dropped 12.5%…Reuters | March 18, 2024 | 6:29 am
Gold beans all the rage with China’s Gen Z as deflation bitesWeighing as little as one gram, the beans are increasingly…Bloomberg News | March 17, 2024 | 9:50 am
Marathon Gold shares rise as its proposed Berry pit expansion passes provincial EA process In the project’s latest feasibility study, Marathon anticipated that the federal and provincial assessments for Berry would be completed by the middle of 2024. Staff Writer | October 30, 2023 | 2:15 pm
G7 plan to ban Russian diamonds to further dim industry sparkle But even before it is in force, producers say Western customers have been shunning gemstones from Russia. Reuters | October 30, 2023 | 10:08 am
Hedge funds pile into uranium stocks set for ‘dramatic’ rise Several hedge fund managers have started ratcheting up their exposure to uranium stocks, as they bet on significant price gains. Bloomberg News | October 30, 2023 | 8:33 am
BlackRock says buy metals companies if you care about climate "The story is about what’s happening over the next 10 to 15 years,” said Evy Hambro, global head of thematic and sector investing at BlackRock. Bloomberg News | October 30, 2023 | 6:58 am
US, UK make progress on critical minerals agreement, US says US Trade Representative Katherine Tai said "significant progress" was made on a US-UK critical minerals agreement in talks on Saturday in Japan. Reuters | October 28, 2023 | 8:27 pm
Gold price jumps past $2,000 as Israel-Hamas clash raises haven allure Spot gold rose as much as 1.2% after Israel’s military said it was “expanding ground activity” in Gaza. Bloomberg News | October 27, 2023 | 1:42 pm
Dixie Gold agrees to friendly takeover by Australia’s Omnia Metals The consideration represents a premium estimated to be in excess of 600% to Dixie Gold's value on the date of agreement. Staff Writer | October 27, 2023 | 1:25 pm
Stornoway Diamond files for bankruptcy for second time, stops operations at Quebec site Renard is Quebec’s first and only diamond mine, opened in 2017. Nicolas Van Praet - The Globe and Mail | October 27, 2023 | 10:06 am
Gold’s new major upleg A new major upleg is underway in gold, which should easily achieve new all-time-record highs. Adam Hamilton - Zeal Intelligence | October 27, 2023 | 9:38 am