Commodities
Roman Abramovich sells stake in Highland Gold
A group of investors in Highland Gold, including Russian billionaire Roman Abramovich, announced on Friday the sale of a roughly 40% stake in the company's share capital to Fortiana Holdings at a valuation of approximately $1. 1bn.
Goldman lifts 12-month gold price forecast to $2,300
Goldman Sachs bumped up its gold price forecast on Tuesday, highlighting concerns around the longevity of the US dollar as a reserve currency.
Gold prices hit record high on Sino-US tensions, Covid concerns
Gold prices hit a record high on Monday, rising above $1,900 for the first time since 2011 amid escalating tensions between the US and China and concerns about a second wave of coronavirus infections.
Fresnillo shares surge as the price of silver jumps
Shares of precious metals miners were flying on Wednesday as the US dollar weakened and, arguably, as investors sought out safe havens in the wake of another flare-up in US-China diplomatic tensions.
Gold surges to nine-year high
Gold rallied in morning trading on Wednesday to hit a nine-year high, as it moved within sight of breaching all-time records.
Libya set to restart oil exports
Libya is set to resume crude oil exports in the wake of successful talks between the country's two warring factions following talks led by the United Nations and the United States.
Copper prices rally after Antofagasta miners vote to strike
Copper prices spiked on Monday on possible supply issues, after workers at a Chilean mine owned by Antofagasta voted in favour of strike action.
IEA increases 2020 oil demand forecast but maintains Covid-19 concerns
The International Energy Agency (IEA) raised its 2020 oil demand forecast on Friday but warned the spread of Covid-19 was still a concern and could change the outlook.
Gold hits 2011 highs above $1,800/oz.
Gold prices have broken fresh records, despite a recent rally in equities, amid ongoing concerns about the long-term economic impact of the Covid-19 pandemic and the prospect of rising inflation.
Multibillion-dollar gas projects at risk as fossil fuel market set for collapse
A multibillion-dollar set of gas projects around the world could be at risk due to the collapse of the fossil fuel markets, said a report by Global Energy Monitor.