Commodities

Katoro Gold shares drop 20% after work suspended in Tanzania
Shares in Katoro Gold tumbled on Tuesday after the gold exploration and development company announced it is assessing the economic viability of its Imweru Project.

Wood Group expects earnings growth in 2018 after Amec acquisition
Wood Group said it expected modest earnings growth in 2018 as the oilfield services company benefits from a tentative recovery in oil and gas markets and cost savings from the acquisition of Amec Foster Wheeler (AFW).

Commodities: Wheat, cocoa futures see sharpest losses
Commodities as a whole were lower on Monday, even as the US dollar lost ground, amid heavy selling in the agricultural space.

Asiamet Resources drilling yields 'excellent' mineralisation in Indonesia
Asiamet Resources’ ongoing drilling operation at the BKZ prospect in Indonesia has continued to intersect high grade mineralisation, the exploration and development company announced on Monday.

Thor Mining shares boosted 9% by 'strong potential' of Kapunda project
Exploration and development company Thor Mining saw a jump in share prices on Monday after the company provided further information concerning its Kapunda copper project.

Caspian Sunrise shares plummet as extreme cold hits drilling
Shares in oil and gas exploration company Caspian Sunrise fell almost 30% after it announced the effects of adverse weather on its operations at the BNG contract area in Kazakhstan.

Commodities: WTI futures higher, Saudi Aramco IPO a 'talking point' in markets
Upon first glance, the commodity patch was quiescent at the end of the week, but a deeper dive revealed quite a bit more.

URU receives positive assay results at largest discovered PGE repository
URU Metals Limited announced on Friday that it has received assay results from its Zebediela project which is located on the largest platinum group element (PGE) repository in the world.

Commodities: WTI futures buck selling pressure as EIA ups forecasts
Metals and soft commodities led to the downside on Thursday as the results of two surveys pointed to faster US factory sector activity ahead, triggering gains in the Greenback.

Commodities: Gasoline, cocoa futures pace gains
Commodities were trading little changed on Thursday, with energy futures conspicuously higher despite the release of data showing a bumper increase in US crude oil stockpiles.

Goldman raises view on miners, upgrades Anglo American, BHP and Antofagasta
Having repaired their balance sheets and with a robust outlook for commodity prices, given strong economic growth in the 'Rest of the World' that was offsetting softness in China, Goldman Sachs upgraded its view on the European Metals & Mining sector from 'neutral' to 'attractive'.

Touchstone's new wells 'encouraging' as company targets further drilling
Oil and gas exploration and production company Touchstone Exploration announced strong production from its newly drilled wells and further drilling projects on Wednesday.
Cora Gold begins drilling on 'promising targets' at Malian project
Explorer Cora Gold has begun a maiden 2,000m drill programme at the Tekeledougou project in Mali.

Commodities: Precious metals glitter amid retreat in risk appetite
Commodities found a bid on Tuesday, amid dollar weakness following an in-line print on consumer prices Stateside earlier in the session and a generally 'risk-off' tone in markets after the White House announced that the Secretary of State had been asked to step down.

Alba completes aerial photography for Greenland project
Mineral exploration and development company Alba Mineral Resources has completed a georeferenced orthophoto and digital elevation model across its Greenland project on Tuesday.

Botswana Diamonds begins drilling at South African discovery
Exploration and development company Botswana Diamonds has begun a drilling programme at the Ontevreden kimberlite pipe in South Africa, the company said on Monday.

Altus defines Malian gold prospect as exploration pans out successfully
Exploration project generation company Altus Strategies announced on Tuesday that it has defined a new 2. 3km long gold prospect in western Mali.

President Energy to reactivate Argentine field after encouraging tests
President Energy announced the results of recent reactivation testing of gas wells in Argentina on Monday, noting a live gas field with potentially commercial gas flows.

African Battery Metals eyes cobalt prospects at Kisinka licence
African Battery Metals (ABM) announced on Monday that it will increase focus on its cobalt projects at its Kisinka licence in the Democratic Republic of Congo (DRC).

Commodities: WTI jumps on weekly data showing dip in number of US oil rigs
Commodities received an unexpected boost from a weaker dollar at the end of the week, even in the face of a far larger than expected increase in the number of US non-farm payrolls.