Commodities

Ferrexpo says charity funds 'could have been' misappropriated
Ferrexpo on Friday said some of the money it gave to a charity "could have been misappropriated".

Commodities: Trade war lull boosts prices but weighs on gold
Commodity markets moved higher on Thursday after China announced that it was intending to retaliate to the latest round of US trade tariffs.

Jadestone Energy profits surge as oil prices boost revenue
Jadestone Energy said on Tuesday that it swung to an interim profit as revenue soared amid rising oil prices, though second quarter production was impacted by planned downtime and poor weather.

Wall Street reels after US President says he will respond to Chinese counter-tariffs
Wall Street was left reeling at the end of the week after the US President upped the ante in his trade war with China following Beijing's decision to retaliate against the latest measures threatened by Washington.

Hummingbird Resources swings to interim loss as production costs rise
Hummingbird Resources reported interim revenue growth on Friday but said it swung to a loss as production costs increased following construction work at its Yanfolila gold mine in Mali.

Galileo Resources narrows losses as it cuts operating costs
Galileo Resources said on Friday that its annual losses narrowed as it focuses on the development of its Star Zinc project in Zambia.

Dubai's Al Maktoum quits as ADM Energy president
ADM Energy shares plunged after Sheikh Ahmed Bin Dalmook Al Maktoum quit as president after two months and decided to sell all his shares in the oil and gas investment company.

Commodities: Energy and metals futures soften amid Fed doubts
Commodity prices were on the backfoot on Thursday, with weakness in energy and metals futures offsetting a small bid in the agricultural space.

Premier Oil announces intention to sell Zama alongside record output
Premier Oil surprised markets on Thursday, announcing its intention to sell its stake in the Zama field offshore Mexico in a bid to further reduce its debt pile.

China vows retaliation against any US wrong tariff action
China's Commerce Ministry said on Thursday that it hopes the United States will stop its wrongful tariff actions, warning that Beijing would retaliate for any new levies.

Brent edges higher following weekly DoE data
US oil stockpiles fell by more than expected last week on the back of a sharp drop in net imports.

Commodities: Energy futures mixed despite stock draw in the States
Commodity prices were edging higher in the middle of the week, buoyed by data showing a larger than expected drop in US crude oil inventories and an improved risk appetite in financial markets.

Galileo Resources to apply for mining permit for Zambia zinc project
Galileo Resources is set to apply for a mining permit for its Star Zinc Project near Lusaka, Zambia, after completing an initial inferred resource estimate on Wednesday that supported its initial estimates.

Asiamet Resources signs engineering MOU for BKM copper project
Asiamet Resources has signed a memorandum of understanding with a subsidiary of China Nonferrous Metal Mining for value engineering at its BKM Copper project located in Central Kalimantan, Indonesia.

Xtract Resources reports positive test results at Zambia mine
Xtract Resources on Tuesday reported positive assay results from preliminary sampling of mine tailings at the Kalengwa copper project in Zambia.

Cadence Minerals leaps as Yangibana Project wins environmental approval
Cadence Minerals shares jumped on Tuesday as it announced the granting of an environmental permit for the Yangibana Rare Earths Project in the Gascoyne region of Western Australia.

Commodities: Crude gains after drone attack on Saudi field, gold futures dip
Strength in energy futures helped offset weakness in metals and agricultural futures at the start of the week amid more positive news headlines on global trade and speculation of further policy easing by several of the world's major central banks.

Commodities: Energy futures slip amid volatile trading but gold sparkles bright
A widely-followed proxy for commodity prices continued to flirt with its 52-week lows on Thursday amid ongoing strength in the US dollar against a backdrop of choppy trading in stockmarkets around the world as China said it would retaliate against the latest round of US trade tariffs and President Donald Trump responded that any deal had to be on American terms.
Gibraltar releases Iranian oil tanker as US files new claim to seize vessel
An Iranian oil tanker detained in Gibraltar has been released, although the US has filed a new legal bid to seize the ship, the territory's Chief Minister said on Thursday.

Commodities: Oil and copper futures fall on growth worries
Commodity prices gave back most of the prior session's gains amid a darkening outlook for economic growth, with weakness in energy futures the main culprit.