World Bank forecasts 24% surge in energy prices in 2026 due to Middle East war

The bank said its baseline scenario assumed that shipping volumes through the crucial Strait of Hormuz waterway would gradually return to near pre-war levels by October.

Reuters | April 28, 2026 | 8:58 am

Gold price could see $8,000 on de-dollarization, Deutsche Bank projects

Bullion's share of global central bank reserves could realistically reach 40%, up from 30% currently, the bank predicts.

Staff Writer | April 28, 2026 | 8:54 am

Chile bill targets mining boost, cuts taxes, speeds permits

Chile unveils major tax and mining reforms to boost growth, jobs and investment amid economic slowdown.

Cecilia Jamasmie | April 28, 2026 | 8:49 am

Boroo eyes potential Eagle gold mine buy in Yukon

A PwC report from last year estimated the total value of Eagle’s assets at $600 million.

Blair McBride | April 28, 2026 | 8:14 am

Gold miners set to stay in Mali despite attacks, industry sources say

Attacks on Saturday that killed the defence minister have increased concerns about supply routes.

Reuters | April 28, 2026 | 7:55 am

European aluminum billet premium doubles after Iran war disrupts supply, squeezes consumers

Benchmark aluminum prices on the London Metal Exchange are up 12% since the US and Israel launched strikes on Iran.

Reuters | April 28, 2026 | 7:49 am

Congo president orders probe into copper and cobalt export revenues

The central African nation exported about 3.4 million metric tons of copper in 2025, while cobalt exports reached around 220,000 tons.

Reuters | April 28, 2026 | 7:41 am

Huayou cuts output at Indonesian nickel plant as sulphur costs surge

Huayou said it would speed up process upgrades to reduce acid consumption and expand supply channels.

Reuters | April 28, 2026 | 7:37 am

African Rainbow plans nickel mine restart after off-take deal with Boliden

The Nkomati mine was placed on care and maintenance in 2021 due to persistent financial losses.

Reuters | April 28, 2026 | 7:29 am

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