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Month: July 2026

Commodity Market Collateral > Blog > 2026 > July

Fresh gold discovery in an East African country triggers government crackdown on illegal mining in a gold-rich community

  • July 7, 2026
  • Stella
  • Finance
Uganda’s Ministry of Energy and Mineral Development has halted gold mining operations in Kayungwe sub-county, Kanungu district, citing unlicensed activity, environmental degradation and public health risks, according to local...
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China’s biggest ETF is now a gold fund as national team retreats

  • July 6, 2026
  • Stella
  • Finance
A China spot gold ETF has overtaken the Huatai-PineBridge CSI 300 ETF to become the country’s largest exchange-traded fund, highlighting the extent to which state-backed support for the stock...
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Fear of an Oil Glut May Be Overblown, Top Consultancy Says

  • July 6, 2026
  • Stella
  • Finance
Up to 75% of the previous oil flows through the Strait of Hormuz are expected to return to the market by the end of the year, but significantly lower...
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Russia’s Oil Windfall Vanishes as Urals Crashes to $42 a Barrel.

  • July 6, 2026
  • Stella
  • Finance
Russian crude oil prices have fallen back to where they were before the Middle East war, with its flagship Urals averaging just $41.66 a barrel during the first three...
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Citi says oil may slump to US$60 as Hormuz shock fades.

  • July 3, 2026
  • Stella
  • Finance
Brent oil could extend declines to US$60 a barrel by year-end as disruptions in the Strait of Hormuz ease, according to Citigroup Inc, adding to a chorus of bearish...
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Oil Set for Fourth Straight Weekly Loss as Hormuz Flows Return.

  • July 3, 2026
  • Stella
  • Finance
Oil futures were on track to post their fourth consecutive weekly loss early on Friday as the tentative reopening of the Strait of Hormuz and the uptick in oil flows...
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Another African country tightens grip on its gold sector after up to $3.8 billion in annual exports go undeclared.

  • July 3, 2026
  • Stella
  • Finance
The government said the newly created Malian Office of Precious Substances will centralise and oversee the trade of gold and other precious minerals, particularly from artisanal and small-scale miners,...
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IHC and India’s Adani Group sign $11.5bn pact for aluminium project.

  • July 3, 2026
  • Stella
  • Finance
Abu Dhabi’s International Holding Company and India’s Adani Group have signed an initial pact to invest $11.5 ⁠billion to develop an aluminium project in the Asian nation. International Resources Holding (IRH), an...
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Chinese oil giant scraps 2 million barrels of West African crude and cuts refinery output.

  • July 2, 2026
  • Stella
  • Finance
China’s Hengli Petrochemical has cancelled millions of barrels of crude oil purchases, including cargoes from West Africa, as U.S. sanctions continue to disrupt the operations of one of the...
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Canadian miner unveils $1 billion West African gold project with 60% projected return.

  • July 2, 2026
  • Stella
  • Finance
The Toronto Stock Exchange-listed miner said the study values the open-pit project at an after-tax net present value (NPV) of $1 billion, with an internal rate of return (IRR)...
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Recent Posts

  • Cyprus Launches First Gas Project with Eni and TotalEnergies Backing
  • Africa’s second-largest copper producer curbs raw copper exports and makes demands of Chinese firms
  • Burkina Faso records over $6 billion worth of gold through official channels in six months.
  • Indian Refinery MRPL Bars Crude Suppliers From Hormuz, Red Sea Routes
  • Copper supply could face 25% deficit by 2035 despite record prices, says IEA

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Cyprus Launches First Gas Project with Eni and TotalEnergies Backing July 28, 2026
Africa’s second-largest copper producer curbs raw copper exports and makes demands of Chinese firms July 28, 2026
Burkina Faso records over $6 billion worth of gold through official channels in six months. July 28, 2026
Indian Refinery MRPL Bars Crude Suppliers From Hormuz, Red Sea Routes July 27, 2026
Copper supply could face 25% deficit by 2035 despite record prices, says IEA July 27, 2026

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Latest Posts

Cyprus Launches First Gas Project with Eni and TotalEnergies Backing July 28, 2026
Africa’s second-largest copper producer curbs raw copper exports and makes demands of Chinese firms July 28, 2026
Burkina Faso records over $6 billion worth of gold through official channels in six months. July 28, 2026

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