How one of the tiniest oil markets cost Trafigura over $1 billionLast week, the company admitted it faces a loss in Mongolia of up to $1.1 billion, linked in part to suspected fraud by its own employees.Bloomberg News | November 3, 2024 | 9:10 am
Silver short squeeze coming?Some are led to believe that a looming “silver squeeze”…Rick Mills - Ahead of the Herd | November 2, 2024 | 3:56 pm
Traders see gold as a surefire bet as coin-toss election loomsBullion is set to advance if “it takes time to…Bloomberg News | November 1, 2024 | 10:04 am
Vitol hires Glencore, Trafigura iron ore traders in metals push The oil trader has been in talks to hire some of Glencore’s iron ore team, and some members have already quit and will be joining Vitol. Bloomberg News | September 12, 2024 | 10:46 am
Gold price hits new high as momentum builds for Fed rate cut Spot gold climbed 1.6% to a new all-time high of $2,554.78 per ounce. Staff Writer | September 12, 2024 | 9:29 am
Iron ore price soars to over one-week high on upbeat seasonal demand outlook Steel demand is expected to return to growth in 2025, ANZ said. Reuters | September 12, 2024 | 6:45 am
Gold’s outlook before CPI data Gold moved slightly higher, but the very short-term resistance line based on the previous highs keeps gold’s gains in check. Przemysław K. Radomski - Sunshine Profits | September 11, 2024 | 10:01 am
Putin says Russia should consider limiting exports of uranium, titanium and nickel Kazatomprom CEO has said that the Ukraine war is making it harder to supply the west. Reuters | September 11, 2024 | 7:39 am
Vedanta Resources raises $900 million via dollar bonds The proceeds will be used to repay Vedanta's existing bonds and related transaction costs. Reuters | September 11, 2024 | 6:12 am
Lithium miner stocks soar as CATL adjusts output at key mine The unconfirmed suspensions could cut some 8%, or around 5,000-6,000 metric tons, of China's monthly LCE production. Bloomberg News | September 11, 2024 | 5:15 am
CATL to cut lithium production at key mine Market conditions have prompted CATL to adjust production, reducing China’s monthly lithium carbonate output by 8%. Staff Writer | September 11, 2024 | 4:44 am
Goldman has a stock model that’s challenging ESG assumptions At Goldman, there’s an ESG filter that tells investors to buy coal giant Glencore, and avoid Big Tech staples Microsoft and Alphabet. Bloomberg News | September 10, 2024 | 1:59 pm