Commodities

Glencore (OTC:GLCNF) and Rio Tinto (NYSE:RIO), two leading mining companies, are discussing their listings with the London Stock Exchange, albeit for different reasons. Swiss-based Glencore is exploring the possibility of moving to the New York Stock Exchange. “We want to ensure that our...

Barrick Gold (NYSE:GOLD) is getting closer to resolving a prolonged dispute with Mali's military junta over the country's mining code reforms. Seeking to maximize state revenue, the junta demanded higher royalties and a greater share of profits from foreign operators. The situation gradually...

Mitsui & Co. (OTC:MITSY) has announced an acquisition of a 40% stake in the Rhodes Ridge iron-ore project in Australia. The Japanese conglomerate, in which Warren Buffett holds an 8% stake, will acquire a 25% stake from VOC Group for $3.34 billion and a 15% stake from AMB Holdings for $2...

Australian miner Mineral Resources (MinRes) (OTC:MALRF) has had its worst trading day since the Great Recession. Shares plunged 22.1% in Australia, wiping out nearly five years of stock gains. The stock slide was caused by a large drop in EBITDA and slashed fiscal 2025 production guidance. The firm...

Ukraine rejected President Donald Trump‘s recent offer to take 50% ownership of its rare earth minerals in exchange for continued financial and military support. According to Euro News, Ukrainian officials called the bid exploitative and rushed. One former senior official labeled it a "...

On Tuesday, BHP (NYSE:BHP) reported half-year earnings (concluding on December 31, 2024) of $5.08 billion, down 23% from the year earlier. The result is unsurprising, as the iron ore market has been going through a challenging period. Still, CEO Mike Henry acknowledged the firm's strength in this...

Agnico Eagle Mines (NYSE:AEM), the third-largest gold miner, reported outstanding performance for 2024. The company generated strong financial and operational results while maintaining a cost-conscious approach. "Our focus on cost control and capital discipline, combined with a strong gold price...

Kinross Gold (NYSE:KGC) had a strong 2024, delivering record-free cash flow, improved margins, and stable production across its global operations. An outstanding $1.3 billion in free cash flow more than doubled from the previous year, while the company also reduced its debt. "2024 marked another...

After a stellar 2024 and an outstanding first month of 2025, the world has again caught the gold bug. Geopolitical tensions, escalating tariff threats and fears of reappearing inflation have prompted demand for physical metal, causing disruptions, delays and sale suspensions. South Korea is the...

Building a mine is a notoriously difficult endeavor. It is a long, often multi-decade process involving prospecting, soil sampling, environmental studies, and billions of dollars worth of capital expenditures before production starts. For companies involved, it is a generational commitment that...

While gold continues to climb toward its historic milestone of $3,000 per ounce, propelled by the escalating tariff wars, gold miners have lagged this success. Rising labor costs, foreign government pressures, and inflation are squeezing profitability, raising questions on whether they can catch up...

Mali's changes to the mining code are starting to impact its commodity production. After the military-led government implemented changes that sought to increase royalties from 20% to 35%, gold production decreased by 23% in 2024, reaching 51 metric tons. Reuters reported that, per the country's...

The United Nations issued a warning about the escalating conflict in the Democratic Republic of Congo (DRC), with fears that the violence could spread across the region. What Happened: Volker Türk, the UN High Commissioner for Human Rights, addressed the Human Rights Council, calling for immediate...

The Pebble Mine project in Alaska has entered 2025 with a "renewed sense of optimism. "After being blocked by the Biden administration due to environmental concerns, a change of administration has reignited hopes for its advancement. In a letter to shareholders, Ron Thiessen, CEO of Northern...

On Thursday, Leading rough diamond producer De Beers revised its guidance, slashing the anticipated production by 31% from 30 million to 20 million—23 million carats. The firm has also slashed the 2026 plan by 18% as the diamond market continues to face challenges, including weaker demand from...