Bank of America Corp reported a sharp rise in commodities trading revenue in the first quarter, with gains driven by heightened volatility in oil and precious metals markets that boosted performance across its trading businesses, according to a report by Bloomberg. The bank said commodities trading revenue increased by around 60% year-on-year, reflecting unusually strong client activity amid rapid price …
Continue ReadingSilver hit a record high of $121.6 per ounce in January 2026. It has since fallen 35%. The structural story underneath has not changed at all. The Silver Institute and consultancy Metals Focus published its annual outlook on April 15, warning that the silver market is heading for a sixth consecutive year of structural deficit. Since 2021, 762 million troy …
Continue ReadingIn an effort to attract foreign and private investment, Venezuela has approved new mining legislation. The reform has repealed mining laws from 1999 and 2015, allowing for broader participation in the extraction of gold and critical minerals such as bauxite and coltan. It is part of a wider strategy to stabilise the economy and unlock the country’s vast natural resource …
Continue ReadingPlatinum has experienced a significant price increase of 30% during the first quarter of 2026, continuing a trend of market strength that began last year. This rally is attributed to persistent supply deficits affecting the precious metal market, according to commodity price data from the World Bank published in April. The sustained price elevation presents opportunities for mining operations to …
Continue ReadingLithium may dominate the headlines, but it’s no longer the most interesting story in critical minerals. A quieter rally is building—one driven by AI demand, defense needs, and tightening supply. And this time, the action is shifting to minerals most investors barely track. Rare Earths Step Into The Spotlight “The biggest moves are in rare earths and key strategic minerals,” Harvey Kaye, Executive …
Continue ReadingMove comes as Washington locks US$565 million deal with Brazil’s only operating rare earth mine. Brazil will require foreign partners to process rare earth minerals domestically as a condition for access to its reserves, a senior government official said this week, setting terms that could reshape how Chinese and Western firms compete for resources the country has long exported raw. …
Continue ReadingThe safe-haven asset has been volatile recently, and how it performs from here on out will likely depend on the economy. The price of gold has been fluctuating between $4,500 and $5,500 for much of 2026. The volatility and uncertainty around the economy, the war in Iran, and broader geopolitical issues appear to have all been weighing on its value. On Monday, …
Continue ReadingThe European Union on Monday launched the critical minerals section of its energy and materials procurement platform, which aims to give more power to regional buyers and cut dependence on dominant producer China by aggregating their purchases. The platform is part of the bloc’s RESourceEU strategy, announced in December to develop its supply chains for rare earths and other strategic …
Continue ReadingSilver entered 2026 with a degree of volatility that has left even seasoned market spectators breathless. After a staggering 147% climb throughout 2025, the white metal ignited an aggressive “short squeeze” style rally in the opening weeks of the year, catapulting from sub-$50 levels to an all-time intraday high of $121.60. The subsequent correction to the $77 range suggests that …
Continue ReadingAustralia and the U.S. have committed more than A$5 billion ($3.5 billion) to back a range of critical mineral projects, nearly double the amount pledged when the two countries struck a co-operation agreement six months ago, Canberra said on Sunday. The funding seeks to support Australian ventures to develop and refine metals vital to industries including defense, advanced manufacturing and …
Continue Reading