In trading on Wednesday, shares of MP Materials Corp (Symbol: MP) entered into oversold territory, changing hands as low as $15.47 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentu
In trading on Wednesday, shares of Teck Resources Ltd (Symbol: TECK) entered into oversold territory, changing hands as low as $34.93 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure mome
In trading on Wednesday, shares of SSR Mining Inc (Symbol: SSRM) entered into oversold territory, changing hands as low as $12.27 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum
Arabica coffee futures were sharply lower on Wednesday, giving up most of the prior session's steep gains, while London cocoa prices fell further from a record peak set earlier this week.
Argentine farm exports brought in some $743.5 million in October, a 25% fall from the same month last year, an industry group said on Wednesday, confirming the impact of drought and election-related market conditions.
Nyrstar said it plans to temporarily close two zinc mines in the U.S. state of Tennessee at the end of November due to weak prices and the impact of inflation, a third shutdown of zinc operations by producers in recent months.
Copper prices are expected to mount a modest recovery next year as burgeoning demand from the energy transition offsets global economic weakness and healthy mine supply, a Reuters poll showed.
India's financial crime agency has seized properties worth 5.38 billion rupees (nearly $65 million) as part of its probe into money laundering allegations against the now-defunct Jet Airways and founder Naresh Goyal, the agency said on Wednesday.
Arabica coffee futures on ICE were lower on Wednesday, giving up some of the prior session's steep gains, while London cocoa prices fell further from a record peak set earlier this week.
Russian agricultural consultancy Sovecon has lowered its forecast for Russia's 2023/24 wheat exports to 48.8 million metric tons (mmt) from 49.2 mmt, it said on Wednesday.
Nyrstar said it plans to temporarily close two zinc mines in the U.S. state of Tennessee at the end of November due to weak prices and the impact of inflation.
The opinions expressed here are those of the author, a columnist for Reuters. Mining companies in the West are facing two overarching challenges in trying to produce enough metals to enable the energy transition, and at the same time build alternative supply chains to lessen their dependence on China.
Chicago wheat futures rose on Wednesday, with a recent decline in prices expected to boost demand, although strong exports from Russia continued to keep a lid on the market.
Copper prices were steady on Wednesday despite weak manufacturing data from China as cautious investors pared back positions amid an uncertain outlook.
Canada Goose Holdings cut its annual sales forecast on Wednesday, in a sign that a sharp rebound in China was starting to falter and sales in the U.S. stayed under pressure.
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