Analysis: Commodities

Brent : Goldman cuts Brent forecasts to $30 on price war, virus impact

Goldman Sachs cut its second- and third-quarter Brent price forecasts to $30 per barrel, citing the oil price war between Russia and Saudi Arabia and a signi?cant collapse in oil demand due to the...

Trump: No promises regarding steel and aluminum tariffs on Brazil

President Donald Trump praised the United States' relationship with Brazil under Brazilian President Jair Bolsonaro on Saturday, but declined to say whether he would impose steel and aluminum tariffs...

GOLD: Gold's main bullish levers

The environment has changed significantly in the marketplace. At the beginning of the month, we criticized the sporadic rise in geopolitical tensions, the associated uncertainty, the expansion of the...

Toronto stocks open flat as coronavirus fears persist

Canada's main stock index opened flat on Tuesday, a day after it recorded its worst session in six months on widespread concerns over the coronavirus outbreak.

Surging gold prices propel earnings at miners Newmont, Kirkland

Surging gold prices propelled miners Newmont Corp and Kirkland Lake Gold Ltd to beat estimates for quarterly profit on Thursday as industry consolidation began to bear fruit for long-suffering...

BRENT CRUDE OIL SPOT: Oil: Increased uncertainty around demand due to Covid-19

Times are tough in the oil markets, especially in the face of fears about the spread of coronavirus in China. The decline in prices since the beginning of the year, which has been in the order of 13%,...

Canada's British Columbia budget to hike taxes on wealthy, sugar drinks

The government of Canada's British Columbia province on Tuesday promised in its budget on Tuesday to raise taxes on high earners and on sugary drinks, while projecting a surplus this year and next.

Agnico cuts 2020 production forecast on slower Nunavut ramp up

Gold miner Agnico Eagle Mines Ltd lowered its full-year 2020 production outlook, citing slower-than-expected ramp up of production at its Nunavut operations in Canada.

Miner First Quantum posts surprise profit on higher copper sales, output

Canada's First Quantum Minerals Ltd posted a surprise profit on Thursday, helped by higher sales and production, driven by a ramp up of its Cobre Panama copper mine.

Gold : Canadian miner Banro looking to sell Congo gold mine at discount -CEO

Canadian miner Banro is looking to sell its Namoya gold mine in eastern Congo at a significant discount, its chairman told Reuters on Friday, blaming the government's failure to improve security in...

Copper : Glencore's 2019 cobalt up, copper down; share price rises

Glencore said its 2019 copper output fell 6% and battery mineral cobalt rose 10% as it boosted production at its Katanga mine in the Democratic Republic of Congo, offsetting the impact of the early...

Glencore : 2019 cobalt up, copper down; share price rises

Glencore said its 2019 copper output fell 6% and battery mineral cobalt rose 10% as it boosted production at its Katanga mine in the Democratic Republic of Congo, offsetting the impact of the early...

BRENT CRUDE OIL SPOT: Oil: Fundamentals outweigh geopolitical tensions

Concerns rise on the oil markets, which are once again shaken by geopolitical fears.

Armenian PM urges gold mine protesters to lift blockade

Armenia's prime minister called on Saturday for environmental protesters to end their 18-month-old blockade of a foreign-owned gold mine, saying the protest was not in the national interest.

Barrick Gold's 'long safari' ends with Tanzania deal

Canada's Barrick Gold Corp signed a deal with Tanzania on Friday in which the government will take stakes in three gold mines, ending a long-running tax dispute and setting a template for negotiations...

TSX falls 0.14% to 17,572.28

** The Toronto Stock Exchange's TSX falls 0.14 percent to 17,572.28 

TSX rises 0.22% to 17,597.39

* The Toronto Stock Exchange's TSX rises 0.22 percent to 17,597.39 

Strategic Metals: Cobalt isn’t going anywhere

A component of the category of minor metals, cobalt is actually only minor in its designation because of its extremely diverse uses in the metallurgical and chemical fields. Its importance also...

Barrick sees gold output above estimates on Nevada boost

Canadian miner Barrick Gold Corp's fourth-quarter gold production estimates came above analysts' expectations on Thursday, as its Nevada Gold Mines joint venture with Newmont Corp yielded more of the...