Commodities

UK government has no plans to review fracking regulations
The UK government has no plans to review regulations for fracking gas in the country, it said on Thursday after Ineos and Cuadrilla complained this week about the rules hindering their work.

Ocasio-Cortez reveals outline for new climate change deal
Democrat Congresswoman Alexandria Ocasio-Cortez released the outline of the 'Green New Deal' on Thursday, a plan to fight climate change while dealing with economic and racial injustice.

Cuadrilla complains earthquake rules deter its fracking work
Fracking firm Cuadrilla complained on Wednesday that its work was being deterred due to the current UK rules and called for a review of strict regulations on earthquakes.

Phoenix Global Mining raises £0.95m for flagship mine
Phoenix Global Mining on Wednesday reported that it has successfully raised £0. 95m before expenses through a share placing and subscription, with the funds intended to develop its flagship asset.

Keras Resources lauds 75% resource increase at Warrawoona project
Keras Resources on Wednesday reported that Calidus Resources Ltd, in which it holds a 32% stake, recorded an increase in the Western Australian Warrawoona gold project's mineral resource.

US trade deficit narrows sharply in November
America's shortfall in trade with the rest of the world narrowed sharply in November, on the heels of a large drop in purchases from overseas.

Energy and soft commodities gain, metals lower
Stronger-than-expected economic data out of the States for the month of January, together with a 'bullish' set of weekly oil rig count figures from Baker Hughes served to push most energy futures higher at the end of the week.