Trump Increases Tariffs on Steel, Aluminum, Copper
Fact Sheet: President Donald J. Trump Strengthens Tariffs on Steel, Aluminum, and Copper Imports – The White House https://t.co/IXDEgVOFVH
Relief as Soybean and Corn Prices Remain Low
All this sticking a fork in soybeans and corn makes me feel so much better that we are not near our highs yet. Even the farmers hate it going up. Lol. Have a great holiday Eater weekend and back...
Boliden Secures 60% of Expanding Duke Copper-Gold JV
Boliden Canada completes a $30M earn-in for 60% interest in @HDI_Amarc's DUKE #copper-#gold district, officially converting it into a 60/40 joint venture. This district is a prize: it keeps getting bigger and is still open. Stock is top buyout candidate:...
CassiarGold's Taurus PEA Launches on Scalable Near‑Surface Deposit
The PEA for @CassiarGold's Taurus project gets underway, a deposit that already has scale, near-surface geometry, road access, infrastructure and ongoing metallurgy work—and now gets engineering. See what hockey player JV likens to this #gold company: https://t.co/961XUgqouQ
No Deal Imminent; Hormuz Likely Stays Closed This Weekend
I hope I’m wrong, but I don’t think we’re anywhere close to having a “deal” or the strait of Hormuz opening anytime soon. This 3 day weekend could be a absolute sh-t show and almost expect it to be...
Brent Oil Surges to $141.37, Highest Since 2008
Physical oil hits its highest level since 2008 *DATED BRENT OIL PRICE SOARS TO $141.37/BBL, HIGHEST SINCE 2008 https://t.co/OkcbcnE3kg
Fossil Fuels Consume 11% of Global Energy; Renewables Need None
To boot, 11% of all energy worldwide is used just to mine, transport, process, and/or refine fossil fuels and uranium. https://t.co/c3RjxqKhcO Whereas wind, solar, geothermal, and hydro require 0 such energy because wind comes right to the turbine, etc. So for anyone to...
WTI Gains $110, Reaches Biggest Brent Premium Since 2008
US-based WTI crude oil is up around 110 with today's surge following President Trumps address to the nation yesterday. Notably, this puts WTI (US-benchmark) to a ~3 premium to Brent. That's the first premium (on a weekly basis) since Jan...
WTI Backwardation Spikes, Shale Hedging Options Remain Limited
CHART OF THE DAY: The extreme backwardation in WTI oil futures, and the impact on (lack of) hedging opportunities for US shale for 2027-28. While the front of the curve has exploded (+$44 a barrel), the back (24 months out...
OPEC Warns Oil Demand Forecasts Miss Rising ICE Sales
OPEC researchers raise a very important point here. A major oversight in forecasts predicting a sharp drop in oil demand from rising EV adoption is the failure to account for the ongoing growth in internal combustion engine (ICE) vehicles. Ironically,...
Growth Lies South of Canada, Not Within It
Good episode by @mattmichaelOG with @LiontownRes CEO TonyO. I don’t think Canada is the growth answer. More likely several thousand miles south of that. https://t.co/PPRbyaai1w
Physical Commodities' Real Value Lies in Logistics
Watch closely and you can see the crowd awakening to the reality that physical commodities are far different from financial assets. Yes, there are supply and demand. But there is all the in between: transportation, storage, processing... which ultimately...
China Launches First Provincial Critical Metals Group in Guangxi
China formed its first province-level critical metals group in Guangxi to strengthen control over strategic materials. https://www.metalnomist.com/2026/04/china-critical-metals-group-signals.html
Oil Prices Surge to Suppress Demand, Fertilizer Costs Safe
PODCAST: Great to be back at "Odd Lots" with @tracyalloway and @TheStalwart. Lots to discuss linked to the US-Iran war: why oil prices will go much higher to destroy demand, but why expensive fertilizer doesn't mean a food crisis is coming. https://t.co/UoHIl2cOqk
Insights on Gold Trading and Miner Strategies
Great chat with @TheGoldAdvisor today about trading gold and the miners. Check out the full video here - https://t.co/oRfb8RCoje
Tasmania Takes Liberty Bell Bay Ore After GFG Default
Tasmania seized control of Liberty Bell Bay ore after GFG defaulted on a restart loan. https://www.metalnomist.com/2026/04/tasmania-takes-control-of-liberty-bell.html
Massive Green Line of Saudi Oil Tankers Heads to Asia
Wow — look at that long green line of supertankers carrying Saudi oil from the Red Sea straight to Asia. https://t.co/T1XMsEvyI4
Iluka Beats Output Target, Yet Prices Remain Weak
Iluka heavy minerals output beat 2025 guidance, but weak prices still cloud the mineral sands outlook. https://www.metalnomist.com/2026/04/iluka-heavy-minerals-output-beats-2025.html
Military Spending Eclipses NASA; Raise Extraction Royalties
For the people complaining about the cost of NASA, Trump spent more attacking Iran in a month than NASA gets all year. The fat in the budget is in the military. Want to raise money in a different way? Raise...
Bolivia Facility Bolsters US Antimony Flake Supply
US Antimony’s Bolivia processing facility could strengthen antimony flake supply and support new western hydrometallurgical capacity. https://www.metalnomist.com/2026/04/us-antimony-bolivia-processing-facility.html
Greenland Resources Secures New Moly Offtake with SSAB
Another offtake agreement for Greenland Resources $MOLY, this time with $SSABB Still think H1 27 might be it… https://t.co/Xza7hTpPuq
Learn From Hormuz Crisis: Rethink Gas Export Strategies
The reshuffling of gas and LNG exports as the Hormuz crisis move to its second month is an experience that we need to learn form.
Soybean Bears Face Disappointing Day as Bull Spreads Flip
This is turning out to be a very disappointing day for the bears in the #soybeans. Bull spreads have even turned.
Vizsla Copper Launches $13.7M, 10,000m Drill Program
A $13.7M exploration program at @VizslaCopper's Palmer project in Alaska includes 10,000m of drilling this summer. Lots of runway since it spans >15 km w/ multiple underexplored targets. See the #1 question we always ask. I'm overweight this #copper stock:...
NewScorpioGold's Step-Out Drilling Extends Goldwedge District
As JV says this is how you stitch together a district: @NewScorpioGold's latest batch of step-out drilling at Black Mammoth is 250m from the Goldwedge resource—and continues to connect the dots across the district. See the map. This #gold stock...
Physical Brent Commands $20 Premium over June Futures
When looking at the oil market: Brent **June** futures (settled at the end of April): That's trading at ~$102 a barrel. But physical Brent market for prompt delivery: That's trading at ~$125 a barrel. There's a big difference depending on when a refinery needs...
Hormuz Closure Threatens Helium, Driving up Chip Prices
The closure of the Strait of Hormuz is choking off about a third of the world’s global supply of helium. Helium is a critical input in semiconductor manufacturing used to cool chipmaking tools. LESS HELIUM = FEWER CHIPS = MORE EXPENSIVE CHIPS....
Copper Demand Set to Surge Across Infrastructure, Tech, and Defense
Road Ahead 1. Data Centers, $2.5T Capex. 2. $2T US Power Grid Rebuild - copper, aluminum. 3. Currency Debasement: USA $1.9% Defecit / 6.2% of GDP vs 3% average last 40 years. 4. Re-Build: Gaza, Iran, Ukraine, Israel - copper. 5. Robotics -...
Commodities Up 21% YoY in May, Rising Since 2020
at your Easter dinner this weekend, when they tell you that commodities have been surging because of the Iran war, just tell'em they're wrong and commodities have been rising since 2020... in fact, May '24, they reached an unusually quick...
Tamarack Reports High‑Grade Gold Hit, Expands Resource
$FVL.TO $FGOVF @FreegoldVen GS2546 delivered 11.54 g/t Au over 29.5m inside 216.4m @ 2.44 g/t Au (above 1.24 g/t resource grade). Tamarack adds high-grade (up to 236 g/t) expansion. 17.2 Moz Ind + 11.9 Moz Inf. Gold near...
Adelayde Begins Antimony Production at George Lake South
Adelayde Exploration $ADDY.CA $SPMTF to Commence Operations on the George Lake South Antimony Project in New Brunswick https://t.co/3ACal3CvNE https://t.co/iOiZxnVXyL
Net Zero Overlooks Mining Impacts of Renewable Batteries
“But net zero ignores the mining required for batteries and metals for renewables” Let me introduce you to a Life Cycle Analysis.
Long‑term Stability with China Hinges on Rare Earth Access
Stability and continuity with China will require continued access to rare earths and magnets, for at least a decade and beyond...
Hormuz Closure Sparks Recession, Futures Hint Deflation
Hormuz Closure, December Futures Signal Post-Inflation Deflation - The closure of the Strait of Hormuz might have already triggered a global recession, with lose-lose implications for most risk assets and commodities -- particularly crude oil. Rolling to front-month just before...
Gas at $5 vs 5% Bonds: Inflation Signal
Natural Gas $5, T-Bonds 5%: Inflation vs. Deflation - January (Jan27) US natural gas futures and the 30-year Treasury bond on the same scale highlights inflation vs. deflation implications of $5 per million BTU gas and 5% yields. Full report on...
Three Tankers Load Simultaneously at Saudi Al Muajjiz Terminal
PHOTO OF THE DAY: Very rare sighthing — three large oil tankers loading simultanouesly at the Al Muajjiz terminal (Yanbu south) in the Red Sea coast of Saudi Arabia (one of the end points of the East-West pipeline). 🛰️📷@CopernicusEU Sentinel-2...
India Resumes Iranian Oil Imports, Undermining Sanctions
After a 7-year hiatus, India is about to import its first Iranian oil. At ~$100 a barrel. Quite the achievement in Washington for the long-term strenght of the economic and financial sanctions regime.
India's Coal Output Dips, Stockpiles Ready for Surge
India's top coal producer said output fell in March, but that it still has enough stockpiles to meet higher demand 🇮🇳⚠️ Coal consumption in India is now on an upward trajectory on expectations of a hot summer and gas shortages due...
US‑aligned Control of Hormuz Signals Bullish Market Outlook
If usa friendly regime takes control of strait of Hormuz it will be very bullish., https://t.co/bpWTMUPjFa
US‑Iran Conflict Spikes Oil, but Europe’s Inflation Stays Modest
CHARTS OF THE DAY: What's the inflationary impact of the US-Iran war for Europe (and thus the ECB and BoE)? Sure, the price of oil and refined products has risen. But paralells between the curent shock and the 2022 energy...
LPG Shortages and Price Spikes Hit South Asia
🇵🇰Pakistan LPG price surge intensifies hardship for citizens 🇧🇩A deepening shortage of LPG now grips Bangladesh’s domestic market. 🇰🇭Cambodia Races to Avert Fuel Crunch as Global LPG and Diesel Shortages Bite https://t.co/6D1Hdd0QGy
Indian Refineries Pivot From Europe to Africa
🇮🇳Indian refineries shifted their dependence on European markets to African markets. Tomorrow, Wednesday, we will publish a surprising chart about India in the Daily Energy Report: https://t.co/gGaADYgO1p https://t.co/LUhtseUn6Z
European Lithium Adds Titanium Potential with Velta Acquisition
European Lithium’s Velta acquisition expands its critical minerals portfolio and adds new titanium production potential. https://www.metalnomist.com/2026/03/european-lithium-velta-acquisition.html
Tight Indian Spot Supply Drives Ferro‑Chrome Auction Prices Up
Facor’s ferro-chrome auction drew sharply higher bids as tight Indian spot supply pushed prices above base levels. https://www.metalnomist.com/2026/03/indian-ferro-chrome-auction-prices-rise.html
Gulf Oil Transit Dries up, Sparking Price Crunch
Oil from the Gulf that has been in transit to its destinations is about to dry up. Then, there will be a crunch. Paul Krugman employs standard econ arithmetic to end up with a price range of $99/BBL to 372/BBL, depending...
Japan, France Eye Rare‑earth Pact, but Production Needed
Japan, France mull rare earths deal to cut China reliance A deal won't cut anything, only actual production of qualified materials and end products like magnets, at cost and scale.... https://t.co/IQ6N5twHWN
Onyx Gold's Argus Main
Argus Main for @OnyxGoldCorp hits best hole yet, 119 gram-meters #gold. This zone is 300m from the Argus North discovery, hinting it's a new structure that looks strikingly similar and could connect over 8 kms. I continue to buy this...
Iran and Russia Profit as Oil Prices Surge Amid War
A month into this war: Iran is still exporting oil & to more customers Iran is making more money for its oil because prices are up Iran has effectively installed a tollbooth to enter and exit the Persian Gulf Russia is making more...
Rio Tinto Backs Supra, Validating Sustainable Mineral Tech
congrats to @CriticalKatie, @CriticalJordan, and the Supra team - Rio Tinto investing in Supra is great validation of their ability to efficiently and sustainably produce critical minerals with novel materials technology proud investor 🫡 https://t.co/LXDzQLCnQn
Insights on Managing China’s Rare Earth Export Controls
China's Rare Earth Export Controls Commentary from @Camrjohnson and @pstAsiatech ...excellent comments from Cameron here on navigating China's Rare earth controls...... https://t.co/Ue3q820lYO
