Hedge funds boost bullish wagers on gold to four-year high
Hedge funds and other large speculators boosted net-long positions by 7.8%.
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Iron ore stumbles … China bears return
Over the last month, a big deal has been made over the lack of new housing starts in China’s real estate market.
Gold mid-tiers’ Q2 2024 fundamentals
Fueled by dazzling record gold prices and lower mining costs, smaller gold miners’ unit earnings skyrocketed to their highest levels ever.
Traders stuck in LME queue vent fury at warehouse’s fee hike
The company’s warehouses at Port Klang in Malaysia have become the focal point for the aluminum market, holding more than three quarters of LME stocks.
Train turmoil unresolved in Canada as new labour action looms
Canada's rail disruption that Ottawa ordered to binding arbitration has new wheels a day later.
Gold price back above $2,500 as Fed hints at September rate cut
Powell’s speech also confirmed what gold traders had expected: that rates are going to come off.
Vale estimates cost for carbon-free mining and steelmaking at over $1 trillion
Vale's CFO said that the biggest challenge is to reduce the cost of the energy transition.
Investors rush into uranium miners on Kazakh production outlook
Investors are plowing into miners of the nuclear reactor fuel after Kazatomprom released guidance that fell short of expectations.
Rare earth developer Tactical Resources set for US listing with SPAC deal
The combined company would have a pro forma enterprise value of $589 million.
