Articles by Rebecca Torres
Hecla Mining Lags Silver Rally as Earnings Forecasts Slump Ahead of Q2 Report
Hecla Mining shares declined 0.8% even as spot silver rose 1.3%, with Q2 earnings forecasts slashed by 22% over the past three months. The company reports after the bell on Aug. 4.
Rio Tinto Shares Rise Ahead of H1 Results; Iron Ore Sales in Focus
Rio Tinto shares rose 2.13% ahead of half-year results, as investors focus on iron ore sales growth and copper cost reductions.
Naira Rises 1.4% on Thin Volume, Fuel Demand Looms
The naira closed at ₦1,362.09 per dollar, up 1.4% on the week, but thin liquidity and a widening parallel premium suggest a fragile rally. Fuel importers' dollar demand poses a key test.
Newmont's Q2 Cash Flow Surges Despite Lower Gold Output
Newmont's Q2 free cash flow jumped 29% to $2.21 billion, boosted by higher gold prices, even as gold production dropped 13%.
US Gold Reserves Valued at $1.07 Trillion, Covering 2.7% of National Debt
The US gold reserve, valued at $1.07 trillion at spot prices, covers just 2.7% of the $39.59 trillion federal debt, sparking debate over revaluation.
Oil Benchmarks Near $95 as Futures Curve Signals Shipping Strain
Brent crude approached $95 and WTI hit $87 as the futures curve showed a steep premium for prompt delivery, reflecting imminent shipping bottlenecks in the Red Sea.





