The US-Israel war against Iran has already disrupted global commodity markets, tightening supply in energy, chemicals and several metals while raising the risk of longer-term price volatility. Analysts at BMO Capital Markets said the evolving conflict has triggered sharp moves across commodities tied to the region, where supply chains for oil, fertilizers, chemicals and metals …
The Chief Executive Officer of the Minerals Income Investment Fund (MIIF), Mrs Justina Nelson, has highlighted Ghana’s commitment to responsible and sustainable mining investment at the just-ended Prospectors & Developers Association of Canada (PDAC) Convention 2026 in Toronto. The convention, held from March 1 to March 4, 2026, at the Metro Toronto Convention Centre, brought …
Saudi Arabian miner Saleh Abdulaziz Al Rashed & Sons Co. surged in its Riyadh trading debut, defying ongoing Iranian missile and drone strikes across the Gulf as the war with the US and Israel entered its twelfth day. Shares in the mining and construction materials firm rose as much as 20% to 54.20 riyals, from …
When Zhang Bo took over his father’s industrial empire in 2019, it was already a sprawling industrial giant and one of the world’s biggest producers of aluminum. Since then, the stock of his China Hongqiao Group has risen 585%, quietly turning Zhang into Asia’s richest metals tycoon with a fortune of about $48 billion. Zhang, …
President John Dramani Mahama has commissioned the world’s largest calcined clay cement plant at the Tema Free Zones Enclave, describing the landmark facility as a major step forward in Ghana’s industrial revival and sustainable manufacturing drive. The $110 million plant, developed by CBI Ghana Ltd., has an annual production capacity of 1.5 million tonnes of …
Aluminum surged to a four-year high on Wednesday following the suspension of metal deliveries by a major supplier in the Middle East due to spreading conflicts in the region. Earlier in the day, Aluminium Bahrain, also known as Alba, told customers that it had halted shipments under the so-called force majeure clauses in its supply contracts, …
Gold climbed higher on Wednesday as investors took advantage of the previous session’s dip to accumulate more of the safe-haven metal amid rising Middle East conflicts. Spot gold rose as much as 2.3% to above $5,200 an ounce, recovering some losses from the Tuesday selloff that sent prices down toward the $5,000 level. US gold …
Gold futures came close to crashing through the $5,000 an ounce before regaining more than $100 an ounce by the close for a 3.5% decline on the day. Gold continued to climb in after hours dealings. The same pattern played out with silver which was exchanging hands for more than $83 an ounce in late …
Gold surged to a one-month high on Monday, extending its rally from last week, as the escalating war in the Middle East rattled markets and drove investors to safe-haven assets. Spot gold rose as much as 2.9% to more than $5,400 an ounce — its highest since the late January selloff — before paring some …
Zimbabwe has suspended exports of all raw minerals and lithium concentrates with immediate effect, its mines ministry said in a statement on Wednesday, after the government alleged malpractices and leakages. The ministry said the ban on exports would remain in place until further notice and applied to all minerals currently in transit. “Government expects cooperation …
