Nasdaq Commodities

A study of analyst recommendations at the major brokerages shows that Alamos Gold Inc (Symbol: AGI) is the #17 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global M

(RTTNews) - Gold prices dipped below $4,000 an ounce on Tuesday as elevated oil prices fueled inflation concerns ahead of this week's Federal Reserve interest-rate decision.

(RTTNews) - Oil prices edged up slightly on Tuesday after falling in the previous session amid renewed diplomatic efforts to prevent a wider escalation of the U.S.-Iran conflict.

In trading on Monday, shares of Atlas Lithium Corp (Symbol: ATLX) entered into oversold territory, changing hands as low as $1.83 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum

In trading on Monday, shares of NioCorp Developments Ltd (Symbol: NB) entered into oversold territory, changing hands as low as $2.81 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momen

(RTTNews) - Partly shedding the gains from recent sessions, crude oil prices have tumbled on Monday following Iran's announcement that a delegation from Qatar visited Iran yesterday to discuss de-escalation of regional conflicts. However, prices received support from a CNN report

Teck Resources (TSX:TECK.A,TSX:TECK.B,NYSE:TECK) is operating its Highland Valley copper mine in British Columbia at reduced capacity after United Steelworkers Local 7619 commenced strike action.The Vancouver-based mining company confirmed the labour disruption on Saturday (October 24), saying the impact on overall production will depend on the strike duration.“Contingency plans are in place with the priority to maintain safety and environmental management during labour action,” Teck said in a news release.Workers have been without a collective agreement since their previous five-year contract expired at the end of September.Tensions intensified last week after all the 944 union members who participated in the strike vote unanimously agreed to authorize a strike, and the union subsequently issued a 72-hour strike notice.Before the strike began, Teck spokesperson Dale Steeves told Investing News Network that the company remained committed to negotiations.Steeves said the mine’s priority is to secure a collective agreement, which he described as “fair, responsible and supports the long-term success of our employees, operation, and communities.”As one of Canada’s major copper-producing mines, the length of the strike will be a key factor in determining its impact on Teck’s copper output.In an update to members announcing the strike, USW Local 7619’s bargaining committee said it had exhausted efforts to avoid a labour dispute, the committee criticized Teck’s contract proposals, citing record profits and inadequate compensation for workers.The committee called on all 1,277 members to report to the mine’s main gate, where strike captains were organizing picketing activities.The union said most benefits would be suspended during the strike, except life insurance and AD&D coverage, which it agreed to reimburse Teck for maintaining. Meanwhile, employees already receiving short-term or long-term disability benefits will continue to receive them.Don’t forget to follow us @INN_Resource for real-time news updates!Securities Disclosure: I, Aastha Sethi, hold no direct investment interest in any company mentioned in this article.

(RTTNews) - Gold prices have edged higher on Monday, partially offsetting the losses from the two previous sessions, as investors weighed Iran's announcement that a delegation from Qatar visited Iran to discuss de-escalation of regional conflicts against reports stating that the

A study of analyst recommendations at the major brokerages shows that ArcelorMittal SA (Symbol: MT) is the #5 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Mi

Singapore-based Boroo has agreed to acquire Victoria Gold Corp. for up to C$140 million and plans to invest more than C$1.5 billion in the Eagle Gold Mine in Yukon, according to a Thursday (October 22) news release.The company will invest in environmental remediation, mine restart activities and future operations at the project.Victoria Gold, formerly listed on the Toronto Stock Exchange as TSX: VGCX, was delisted in September 2024 and remains under receivership.Production at the Eagle Gold Mine was suspended in June 2024 after a heap-leach failure caused environmental contamination, prompting extensive cleanup work and eventually leading to Victoria Gold entering receivership.The acquisition will be carried out through Gatsuurt Mining Inc., Boroo’s wholly owned subsidiary, which would become Victoria Gold’s sole shareholder.Boroo CEO Dulguun Erdenebaatar said the company is committed to addressing environmental issues at the Eagle Gold Mine and restarting operations safely.The company, “has a demonstrated global track record of acquiring complex operations and responsibly unlocking long-term economic value,” he said.“We recognize that sustainable operations are impossible without genuine partnership. We look forward to continuing to work hand-in-hand with the First Nation of Na-Cho Nyäk Dun, the Government of Yukon, and local communities to rebuild trust, restore environmental integrity, and return the Eagle Gold Mine to safe, responsible, and profitable production.”The transaction follows a court-supervised sale process and remains subject to approval by the Ontario Superior Court of Justice, regulatory clearance under the Competition Act and consent from the Government of Yukon.The receiver, PricewaterhouseCoopers Inc. (PwC), plans to seek court approval in early December, with closing targeted for on or around December 31, 2026.Under the agreement, Boroo will pay C$40 million upfront, with the remaining C$100 million tied to permitting and production milestones. The company will allocate C$800 million on mine cleanup, water treatment and restart work between 2027 and 2029.Boroo is also expected to invest more than C$600 million in the mine over its initial operating life, bringing its total proposed investment including the acquisition to more than C$1.5 billion.A three-phase plan covers remediation, mine restart and extending the mine’s life. Initial work focuses on stabilizing the failed heap leach facility, cleaning up the Dublin Gulch Valley and treating cyanide-impacted water.The company said it aims to assess pit and waste-rock stability, verify resources and reserves, repair mining equipment and restart the crushing circuit and ADR plant. Boroo said its operating procedures will follow the International Cyanide Management Code.According to CBC News, the Yukon government has provided a C$220 million loan to help fund remediation. The deal is expected to repay the territory and avoid an estimated C$72 million in annual remediation costs, while potentially creating hundreds of jobs.Don’t forget to follow us @INN_Resource for real-time news updates!Securities Disclosure: I, Aastha Sethi, hold no direct investment interest in any company mentioned in this article.

(RTTNews) - Gold edged higher on Monday as investors closely monitored the situation in the Middle East and awaited an upcoming Federal Reserve interest-rate decision.

(RTTNews) - Oil prices fell more than 2 percent on Monday after reports of diplomatic efforts to reduce regional tensions in West Asia.

(RTTNews) - Asian stocks ended mixed on Monday due to renewed tensions in the Middle East and ahead of earnings from major U.S. technology companies due this week.

In trading on Friday, shares of Maple Gold Mines Ltd (Symbol: MGMLF) entered into oversold territory, changing hands as low as $1.71 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure moment

In trading on Friday, shares of Constellium SE (Symbol: CSTM) entered into oversold territory, changing hands as low as $23.165 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on

In trading on Friday, shares of SSR Mining Inc (Symbol: SSRM) entered into oversold territory, changing hands as low as $27.96 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on

In trading on Friday, shares of Sibanye Stillwater Ltd (Symbol: SBSW) entered into oversold territory, changing hands as low as $8.9323 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure mom

(RTTNews) - Crude oil prices have catapulted on Friday both due to increasing fears of a fresh, deep and intense U.S.-Iran war as well as the ongoing Houthi-Saudi Arabia conflict. The escalation could result in halting the oil and energy flows from the Arab nations for a protract

(RTTNews) - Gold prices have slumped on Friday amid rising inflation worries due to a surge in crude oil prices for the second day due to the potential chances of re-escalation in the U.S.-Iran conflict after the midterm elections in the U.S. in November. Concerns of a possible h

Russia’s gold reserves continued to shrink in September, with the central bank holdings falling by approximately 62 metric tons since December 2025. The country’s gold holdings declined by 6.2 metric tons last month to approximately 2,264 metric tons, reaching their lowest level since 2019, according to data from the Bank of Russia reported by The Moscow Times on Tuesday (October 20.)The decline continues as Russia faces budget problems due to high wartime spending and falling oil and gas revenues.The country’s budget deficit reached 5.8 trillion rubles (US$68.4 billion) in the first eight months of 2026, surpassing the full-year target of 3.8 trillion rubles (US$44.8 billion).Russia has not disclosed the full cost of its invasion of Ukraine, though the country plans to boost its 2027 defense spending by 27 percent to 17.1 trillion rubles (US$202.58 billion), hitting its highest military budget allocation since 2022. The reduction in gold holdings is believed to be linked to the use of assets from the National Wealth Fund to cover that deficit.Gold exports have been redirected to Asia, with Hong Kong and China becoming its primary buyers. Hong Kong imported 112.7 tons of Russian gold in the first seven months of 2026 – surpassing the entire 2025 total of 92.1 metric tonsIn its September 2026 update, the World Gold Council reported that central banks recorded net gold purchases of 23 metric tons in July and Russia was the largest reported net seller that month, reducing its holdings by 6 metric tons.The country sold 200,000 troy ounces in the last month alone, which equates to 6.2 metric tons, and also reduced its sovereign gold holdings to 72.8 million troy ounces – the lowest it has been since 2019. The bank has now consecutively reduced its gold holding for ten months.Meanwhile, Russia’s gold reserves dropped to approximately US$301.6 billion by the end of September, down from US$333.4 billion the previous month.Central Bank Governor Elvira Nabiullina addressed the decline in Russia’s gold reserves at a press conference on September 11."The small decrease that has occurred now is mainly related to Finance Ministry's operations, with funds from the National Wealth Fund; this happens as part of the fiscal rule. Gold is also used for the production of coins," Nabiullina said. "We do not disclose additional details of our operations with gold.”Earlier this year, Russia’s natural resources minister drew attention to the country’s gold production figures, estimating output at 485 metric tons in 2025 and forecasting 480 to 500 metric tons in 2026, figures that differ from independent estimates.Metals Focus puts Russian mine output 28.8 percent below official claims, highlighting growing uncertainty around the country’s gold sector amid Western sanctions. Despite the discrepancy, Russia continues to promote its position as a global gold producer, citing new discoveries and expanding reserves.Don’t forget to follow us @INN_Resource for real-time news updates!Securities Disclosure: I, Aastha Sethi, hold no direct investment interest in any company mentioned in this article.