Commodities

BMI Research revised its 2025 copper price forecast to $10,000 per ton, reflecting uncertainties tied to U.S. trade policies and global economic headwinds. What Happened: BMI expects President-elect Donald Trump's return to the White House to decelerate the green-energy transition and drive a...

On Wednesday, mid-tier gold miner IAMGOLD (NYSE:IAG) announced production of 667,000 ounces in 2024, marking a 43% increase from the previous year. This performance met its revised guidance at a mid-point, owing to strong production at the Essakane mine in Burkina Faso and the Westwood and Côté...

On Monday, Alamos Gold (NYSE:AGI) announced it achieved record production in 2024, reaching 567,000 ounces of gold, or a 7% year-over-year increase. The company announced an ambitious plan to boost production while simultaneously reducing costs. "With the solid finish to the year, we met both our...

Barrick Gold Corporation (NYSE:GOLD) has alerted shareholders about an unsolicited mini-tender offer from TRC Capital Investment. What Happened: The offer seeks to purchase up to 5 million of Barrick's common shares, representing about 0.29% of the outstanding shares of the second-largest gold...

Global coal consumption reached an all-time high in 2024, climbing to 8.77 billion metric tons as global electricity demand outpaced the expansion of renewable energy. Despite its contribution to global warming, coal remains rooted in energy systems worldwide, and short-term consumption is set to...

Despite finding some footing in 2024, the lithium market's main concerns, oversupply and slower-than-expected electric vehicle (EV) adoption could persist this year. "This swing supply dynamic could serve as a cap on price increases in 2025, as rapid restarts may lead to a more oversupplied market...

Chile's state-owned Codelco reported a modest increase in copper production for 2024, with output rising by 3,000 to 4,000 metric tons from the previous year. Although small, the production growth has raised hopes that the mining giant will stage a turnaround and help alleviate anticipated copper...

Goldman Sachs has postponed its projection for gold prices to hit $3,000 per ounce, shifting the timeline from early 2026 to mid-2026. The investment bank adjusted its expectations from the Federal Reserve, as tighter-than-expected monetary policy would influence gold prices. Goldman analysts Lina...

The positive trends for commodities are likely to continue in 2025. With escalating conflicts and instability in several regions, we explore a list of prospective junior commodity companies focusing on safe jurisdictions. Volt Lithium Volt Lithium (OTCQB:VLTLF) is a Canadian junior resource company...

At the beginning of 2024, Benzinga noted four mining stocks to follow while evaluating tailwinds like green tech demand and persistent inflation. Although gold, as a benchmark, has had one of the best years on record, outperforming even the surging equities market, miners delivered mixed results....

The U.S. election results have stirred up first reactions in the markets. Analysts from JPMorgan Chase & Co see Donald Trump’s return to the White House as a potential shift in the commodity market. The bank’s equity research analyst, Bill Peterson, noted Trump’s history of...

A second Donald Trump mandate could lead to marked shifts in global commodity prices, spurred by his pro-fossil fuel policies, potential tariffs, and aggressive trade stances. Oxford Economics noted that Trump has campaigned to "unleash a new ear for fossil fuels," as deregulation of the U.S....

New allegations have surfaced against Adani Group, accusing the conglomerate of passing off low-quality coal as higher-grade fuel. What Happened: According to the Financial Times, the fraud involved misrepresenting the calorific value of coal imported from Indonesia. For instance, invoices show...

Coal prices have risen in the past couple of days since the Port of Baltimore was closed following the collapse of the Francis Scott Key Bridge, cutting off many of the port’s facilities. The price of a ton of U.S. coal rose by 0.6% on Thursday to $113.25. Meanwhile, the Range Global Coal ETF...

Stuart Averill, chairman of Overburden Drilling Management (ODM), was celebrating 50 years in the mining exploration business at this year’s Prospectors And Developers Association of Canada (PDAC) conference in Toronto. Averill, also a board member of Canada’s Tower Resources Ltd (TSXV:...