Commodities

United States Oil Fund (NYSEARCA:USO) aims to follow WTI crude through futures contracts, so its results track WTI rather than Brent, and it can diverge from spot prices because of how contracts are rolled. WTI fell 7.36% on November 2, so the fund would …

Prices are pricing in two outcomes. In one, negotiations produce a deal and the Strait of Hormuz risk premium shrinks further, pushing Brent lower. In the other, talks stall or fighting resumes and prices rise. Published coverage said uncertainty over the war with Iran …

On November 3 gold futures dipped about 1% to roughly USD 3,930. Stocks steadied, with the S&P 500 up 0.36%, and the 10-year yield rose to about 4.96% afterJob Openingsof about 7.5 million came in above forecasts. Because gold yields nothing, higher yields make …

Core Energy Minerals secured its position in the Nova joint venture through an earn-in agreement covering granted exploration licences in the Erongo Region. Under the arrangement, the company can build an initial interest by funding exploration over a set period, and then lift that …

Speaking at the Minerba Convex mining convention in Jakarta, Bahlil explained that mining permits were previously awarded through tenders, which made them difficult for regional entrepreneurs to access. Under the revised approach, micro, small and medium enterprises, cooperatives and regional government-owned enterprises are to …

According to the WNA's latest overview of plans for new reactors, a large fleet of power reactors is operating across many countries, while a substantial group is under construction across multiple nations, some of which are currently suspended. Beyond those, a large pipeline of …

Canagold released assays from several additional holes drilled as part of a completed infill and expansion programme at New Polaris. The company reported multiple intervals containing both gold and antimony, including high-grade sub-intervals within broader mineralised zones.