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Conifex Timber Q3 net loss widens on higher duty costs
OverviewConifex Q3 net loss widens to C$16.6 mln, impacted by higher duty costsEBITDA for Q3 2025 was negative C$16.6 mln, reflecting operational challengesLumber revenue decreases 4% from Q2 2025, affected by higher duty ratesOutlookConifex anticipates continued lumber price volatility and uncertai...Reuters
Fri, Nov 14
Canada's Eastern Platinum posts smaller Q3 loss as platinum group metal sales rise
OverviewEastern Platinum Q3 2025 revenue rises 24.5% yr/yr due to increased platinum group metal (PGM) salesNet loss attributable to equity shareholders reduced in Q3 2025Company focuses on PGM and chrome production at Crocodile River MineOutlookCompany expects majority of future revenue from PGM pr...Reuters
Fri, Nov 14
Bulgaria's government appoints special manager to oversee Lukoil-owned refinery
Nov 14 (Reuters) - Bulgaria's government appointed Rumen Spetsov on Friday as the special manager who will oversee the operation of Lukoil's LKOH.MM Burgas refinery beyond November 21, when U.S. sanctions are due to come into effect, and sell the company if necessary.Spatsev is currently the...Reuters
Fri, Nov 14
Russia pounds Ukraine with drones and missiles, killing eight and hitting energy sites
Zelenskiy urges sanctions to halt Russian attacks on civiliansPower cuts in Kyiv, Odesa, Donetsk regions after attacksUkraine responds with long-range strikes, targets Russian oil facilitiesBy Anastasiia Malenko and Olena Harmash KYIV, Nov 14 (Reuters) - Russia launched a heavy drone and missile ...Reuters
Fri, Nov 14
Jaguar Land Rover's UK production returns to normal after weeks-long cyber shutdown
LONDON, Nov 14 (Reuters) - Jaguar Land Rover said on Friday its manufacturing operations had returned to normal after a cyberattack forced a six-week halt at its UK plants, disrupting supply chains and costing the carmaker hundreds of millions of pounds. The British luxury carmaker, owned by...Reuters
Fri, Nov 14
Chevron, Phillips 66, Total win India's first tender to buy US LPG, sources say
By Nidhi Verma NEW DELHI, Nov 14 (Reuters) - Indian state refiners have awarded their first joint, long-term tenders to Chevron CVX.N, Phillips 66 PSX.N and TotalEnergies Trading SA to import U.S. liquefied petroleum gas in 2026, two trade sources with knowledge of the matter said.India plans to ...Reuters
Fri, Nov 14
GRAINS-Soybeans, wheat, corn eye weekly gains ahead of US crop report
BEIJING/PARIS, Nov 14 (Reuters) - Chicago soybeans rose on Friday, and were on track for a weekly gain, as traders positioned ahead of a closely watched U.S. government crop report and awaited the resumption of export data releases that could provide clues into Chinese buying. The most-active soy...Reuters
Fri, Nov 14
PRESS DIGEST-Canada - Nov 14
Nov 14 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILAlberta Premier Danielle Smith on Thursday said an agreement with Ottawa is expected to be signed in the coming days ...Reuters
Fri, Nov 14
Russia plans to issue operation licences for two units of Zaporizhzhia nuclear plant, official says
MOSCOW, Nov 14 (Reuters) - Russia intends to issue operation and maintenance licences this year for two of the six reactors at the Zaporizhzhia nuclear plant in Ukraine, a senior nuclear official said on Friday.Alexei Likhachev, CEO of state nuclear corporation Rosatom, said the licences would be gr...Reuters
Fri, Nov 14
GLOBAL LNG-Asia spot prices flat as overall weak demand offsets limited buying
By Emily Chow SINGAPORE, Nov 14 (Reuters) - Asian spot liquefied natural gas prices were flat for a second consecutive week, as steady supplies of contracted cargoes and overall weak demand across the region outweighed modest spot market interest. The average LNG price for December delivery into ...Reuters
Fri, Nov 14
Enbridge reaches final investment decision for Phase 1 of Mainline oil pipeline expansion
Nov 14 (Reuters) - Canadian pipeline operator Enbridge ENB.TO said on Friday it has reached a final investment decision on the Mainline Optimization Phase 1 project.The expected aggregate capital cost of MLO1 is $1.4 billion.Reuters
Fri, Nov 14
Ghana scraps tax on minerals exploration to boost investment
Tax removal aims to boost greenfield mining investmentSmall-scale mining leads to record gold exportsMiners welcome removal of barrier to exploration spendingBy Christian Akorlie and Emmanuel Bruce ACCRA, Nov 14 (Reuters) - Ghana will abolish value-added tax on mineral exploration and reconnaissa...Reuters
Fri, Nov 14
Gold slips from three-week highs as Dollar firms and Fed caution weighs
Gold (XAUUSD) edges lower on Friday as bulls struggle to hold early gains amid mixed market sentiment. At the time of writing, XAU/USD is trading around $4,133, easing after reaching over three-week highs of $4,245 on Thursday.Fxstreet
Fri, Nov 14
PRECIOUS-Gold falls as Fed cut hopes fade after hawkish Fed comments
Gold up 3.7% so far this weekSilver also headed for a weekly gainMarket expects 49% chance of a quarter-point rate cut in DecemberBy Anmol Choubey Nov 14 (Reuters) - Gold prices reversed earlier gains on Friday as hawkish comments from U.S. Federal Reserve officials clouded prospects for a Decemb...Reuters
Fri, Nov 14
Doubts about US interest rate cuts weigh on Gold price – Commerzbank
The Gold price fell slightly again yesterday, as it remained unclear when the US data releases that were missed due to the US government shutdown would be made up for, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.Fxstreet
Fri, Nov 14
CPC resumes oil loadings from Russia's Black Sea port of Novorossiysk, sources say
MOSCOW, Nov 14 (Reuters) - The Caspian Pipeline Consortium, which exports oil from Kazakhstan via a Russian Black Sea terminal, resumed oil loadings, which had been suspended earlier on Friday after a Ukrainian attack on Novorossiysk, two sources familiar with the situation said.Russian crude suppli...Reuters
Fri, Nov 14
