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Harmony Gold says newly acquired Australian copper mine requires two-year revamp
CSA Copper mine faces infrastructure issues, says CEO Beyers NelHarmony to update copper outlook in MarchNew asset requires recapitalisation and strategic rethink - CEOBy Nqobile Dludla and Olivia Kumwenda-MtamboCAPE TOWN, Feb 9 (Reuters) - South African miner Harmony Gold's HARJ.J recently acqu...
Reuters
Mon, Feb 9
Air Canada Suspending Cuba Service In Response To Aviation Fuel Shortage
Feb 9 (Reuters) - Air Canada AC.TO:AIR CANADA SUSPENDING CUBA SERVICE IN RESPONSE TO AVIATION FUEL SHORTAGEAIR CANADA - FLIGHTS TO VARADERO AND CAYO COCO SUSPENDED UNTIL MAY 1AIR CANADA: WILL OPERATE EMPTY FLIGHTS SOUTHBOUND TO PICK UP ABOUT 3,000 CUSTOMERS AT DESTINATION AND RETURN THEM HOMEAIR CAN...
Reuters
Mon, Feb 9
EU wheat falls on export-punishing euro strength
HAMBURG/PARIS, Feb 9 (Reuters) - European wheat futures fell on Monday to their lowest in more than a week as a stronger euro dented export prospects and concerns about cold weather damage to northern hemisphere crops subsided.March milling wheat BL2H6 on the Paris-based Euronext exchange was down 0...
Reuters
Mon, Feb 9
PRECIOUS-Gold rises as dollar slips, focus turns to US jobs data
China's central bank buys gold for 15th consecutive monthSilver climbs over 5% after gaining nearly 10% on FridayDelayed US jobs, inflation data due later this weekBy Anmol Choubey Feb 9 (Reuters) - Gold prices rose on Monday, buoyed by a softer dollar as investors braced for a week packed wi...
Reuters
Mon, Feb 9
US issues fresh guidance to vessels transiting Strait of Hormuz as Iran tensions simmer
Feb 9 (Reuters) - The United States issued fresh guidance on Monday to commercial vessels transiting the Strait of Hormuz, a key shipping lane for Middle East oil supplies, as tensions simmered between Washington and Tehran over Iran’s nuclear program.Iran has in the past threatened to close down th...
Reuters
Mon, Feb 9
EXCLUSIVE-Increased Orinoco Belt output boosts Venezuela's oil production to 1 million bpd, sources say
By Marianna Parraga Feb 9 (Reuters) - Venezuela's state oil company PDVSA has reversed most of the output cuts it had ordered at its own oilfields and joint ventures in the country's main crude region, the Orinoco Belt, boosting the nation's total production close to 1 million barrels...
Reuters
Mon, Feb 9
EU proposes to add two third-country oil ports in new sanctions package
BRUSSELS, Feb 9 (Reuters) - The EU's diplomatic arm EEAS has proposed the addition of third-country ports to sanctions against Russia for the first time, its proposal document showed on Monday. The EEAS, which jointly proposed the 20th sanctions package with the European Commission, proposed to ...
Reuters
Mon, Feb 9
Caffeinated beverages may help protect the brain, study says
By Nancy LapidFeb 9 (Reuters) - Drinking a few cups of caffeinated coffee or tea every day may help in a small way to preserve brain power and prevent dementia, researchers reported on Monday.People with the highest daily intake of caffeinated coffee had an 18% lower risk of developing dementia comp...
Reuters
Mon, Feb 9
Silver price forecast: XAG/USD bullish turnaround grows legs
Silver pulled back sharply from its all-time high near 121.67 in late January, dropping over 40% before finding support around the 64.00 zone in early February.
Silver
Fxstreet
Mon, Feb 9
EXCLUSIVE-Codelco sees $3.9 billion investments in 2026 budget, document shows
By Fabian CamberoSANTIAGO, Feb 9 (Reuters) - Chilean state miner Codelco, the world's largest copper producer, authorized investments of $3.914 billion, made up of $3.289 billion plus Value Added Tax, according to an unpublished government decree approving its 2026 budget reviewed by Reuters. ...
Reuters
Mon, Feb 9
Expand Energy announces CEO departure, to move headquarters to Houston
Feb 9 (Reuters) - Natural gas producer Expand Energy EXE.O on Monday announced the departure of CEO Domenic Dell'Osso and also said it plans to relocate its corporate headquarters to Houston from Oklahoma City this year.Chairman Michael Wichterich has been appointed interim chief, effective imme...
Reuters
Mon, Feb 9
US Vice President Vance and Armenian leader sign civilian nuclear cooperation accord
Feb 9 (Reuters) - Armenia and the United States signed an agreement on Monday to develop cooperation in the civilian nuclear sector, Armenian Prime Minister Nikol Pashinyan said.Pashinyan signed the agreement with U.S. Vice President JD Vance, who is on a two-day visit to the country.
Reuters
Mon, Feb 9
BP's Gelsenkirchen refinery attracts buyer's interest from Klesch, Politico reports
FRANKFURT, Feb 9 (Reuters) - BP is in talks to sell its German oil refinery site in Gelsenkirchen to investment firm Klesch Group, news site Politico reported on Monday, citing two people familiar with the matter.BP said about a year ago that it was looking to sell its Gelsenkirchen ref...
Reuters
Mon, Feb 9
Cuba warns airlines it will run out of jet fuel
Jet fuel shortage linked to U.S. blocking Venezuelan oil exportsAirlines plan to refuel in nearby countries amid crisisMajor carriers servicing Cuba have not commented on fuel shortageCuba historically relies on Venezuela for jet fuel supplyFlights to Havana remain on schedule despite fuel issues ...
Reuters
Mon, Feb 9
US natural gas futures fall more than 8% on milder forecasts
By Anjana AnilFeb 9 (Reuters) - U.S. natural gas futures fell by more than 8% on Monday on forecasts for milder weather than previously expected for the rest of the month, erasing the previous session's gains.Gas futures for March delivery NGc1 on the New York Mercantile Exchange fell 27.7 cents...
Reuters
Mon, Feb 9
Gold: Debasement fears and retail demand – TD Securities
TD Securities’ Senior Commodity Strategist Daniel Ghali argues that fear of US Dollar debasement, rather than actual money supply growth, has been a key driver of Gold prices.
Gold
Fxstreet
Mon, Feb 9
Iran says it could dilute enriched uranium if all sanctions are lifted
DUBAI, Feb 9 (Reuters) - Iran could agree to dilute its most highly enriched uranium in exchange for all financial sanctions being lifted, its atomic chief said on Monday, one of the most direct indications so far of its position at talks with Washington. U.S. and Iranian diplomats held ta...
Reuters
Mon, Feb 9
PRECIOUS-Gold rises as dollar slips, focus turns to US jobs data
China's central bank buys gold for 15th consecutive monthDelayed US jobs, inflation data due later this weekBy Anmol Choubey Feb 9 (Reuters) - Gold prices rose on Monday, buoyed by a softer dollar as investors braced for a week packed with U.S. economic data that could offer more clues on the...
Reuters
Mon, Feb 9
EXCLUSIVE-Venezuela boosts oil output in Orinoco Belt, country's production approaches 1 million bpd, sources say
Feb 9 (Reuters) - Venezuela's state oil company PDVSA has reversed most of the output cuts it had ordered at its own oilfields and joint ventures in the country's main crude region, the Orinoco Belt, which has boosted the nation's total production close to 1 million barrels per day (bpd)...
Reuters
Mon, Feb 9
Mexico seeks voluntary return of mining concessions not being used for production
MEXICO CITY, Feb 9 (Reuters) - Mexico's President Claudia Sheinbaum said on Monday her says government was seeking the voluntary return of more than 200 mining concessions of projects that are not being used to produce any output.
Reuters
Mon, Feb 9
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