News

Bloomberg reports a record copper premium for Codelco's 2027 European sales, adding a charge above LME prices for the customers covered.

Anglo keeps annual copper guidance and lowers expected unit costs. For Teck holders, a recovery in mine output joins the Chinese approval test.

Metalshub says customer consent is needed before it shares trades with CPAL, leaving copper investors to weigh the evidence behind sustainability premiums.

Treasury's Scott Bessent expects energy prices to fall after the Iran conflict. We weigh what that would mean for oil revenue, mine costs and rates.

Macklem expects oil to push Canada's inflation forecast sharply higher. Energy income, the dollar and borrowing costs complicate the trade.

Antofagasta's reported concentrate auctions put fees below zero for November and 2027 shipments, improving miner receipts while squeezing processors.

China's jewellery spending rose while gold tonnage weakened. The WGC's retailer report shows why lighter products could limit a physical demand recovery.

EIA reports a larger crude draw as imports fall and refiners process more oil. Producers gain a tighter supply backdrop, while fuel stocks diverge.

EIA reports a smaller gas injection as the national storage cushion narrows. We look at the split between producers and fuel buyers before winter.

Mary Daly expects further Fed tightening while leaving October open. For gold holders, waiting can still mean higher rates ahead.