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Chile speeds up permitting for mining and other investment projects

SANTIAGO, July 1 (Reuters) - Chile's congress approved long-awaited legislation to speed up the permitting process for investment projects in the country on Tuesday.

Jul 08, 2025 - 10:41 AM

Exclusive: Next Rio Tinto boss expected to entertain big deals, cut costs, sources say

MELBOURNE/LONDON, July 8 (Reuters) - Rio Tinto's (RIO.AX), (RIO.L) new CEO, who could be announced as soon as this month, should be open to transformative merger and acquisition deals as well as sharpening productivity and cost cuts, said two people aware of the chair's priorities.

Jul 08, 2025 - 10:37 AM

Exclusive: Mali plans to sell gold reserves at Barrick complex to fund operations

TORONTO/DAKAR/BAMAKO July 8 (Reuters) - The Malian court-appointed administrator of Barrick Mining's Loulo-Gounkoto complex (ABX.TO) plans to sell one metric ton of gold from the site's storeroom as operations commence again after an almost six-month suspension, two sources told Reuters.

Jul 08, 2025 - 10:24 AM

Gold falls to one-week low as dollar firms after tariff deadline extension

July 7 (Reuters) - Gold prices retreated to a one-week low on Monday as the dollar firmed and traders digested U.S. President Donald Trump's extension of his July 9 tariff deadline to August 1 and assertion that the U.S. is close to several trade deals.

Jul 07, 2025 - 10:55 AM

Trump threatens extra 10% tariffs on BRICS as leaders meet in Brazil

RIO DE JANEIRO, July 6 (Reuters) - President Donald Trump said the U.S. will impose an additional 10% tariff on any countries aligning themselves with the "Anti-American policies" of the BRICS group of developing nations, whose leaders kicked off a summit in Brazil on Sunday.

Jul 07, 2025 - 10:49 AM

BRICS nations resist 'anti-American' label after Trump tariff threat

RIO DE JANEIRO, July 7 (Reuters) - Developing nations participating in the BRICS summit on Monday brushed away an accusation from U.S. President Donald Trump that the bloc is "anti-American," as he threatened them with additional 10% tariffs.

Jul 07, 2025 - 10:44 AM

US signals trade announcements imminent as deadline looms

WASHINGTON/BRUSSELS, July 7 (Reuters) - The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said on Monday, adding that his inbox was full of last-ditch offers from countries to clinch a tariff deal before a July 9 deadline.

Jul 07, 2025 - 10:41 AM

Gold slips as dollar ticks higher, US tariff deadline looms

July 7 (Reuters) - Gold prices slipped to a near-one-week low on Monday due to an uptick in the U.S. dollar, with investors awaiting details on the trade front ahead of U.S. President Donald Trump's tariff negotiation deadline.Spot gold was down 0.9% at $3,303.93 per ounce by 1148 GMT. U.S. gold futures shed 0.9% to $3,313.10.

Jul 07, 2025 - 8:50 AM

Trump administration will focus on Fed chair replacement in fall, Bessent says

WASHINGTON, July 3 (Reuters) - The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S. Treasury Secretary Scott Bessent told CNBC on Thursday, adding that officials had "a lot of good candidates."

Jul 04, 2025 - 9:55 AM

Trump tax bill averts one debt crisis but makes future financial woes worse

NEW YORK, July 3 (Reuters) - President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S. government default but makes America’s long-term debt problems even worse.

Jul 04, 2025 - 9:46 AM

Markets' 90-day tariff pause rollercoaster nears an uncertain end

GDANSK/LONDON, July 4 (Reuters) - The deadline U.S. President Donald Trump set for major trading partners to strike deals with Washington or face hefty tariffs expires next week, bringing to a close 90 days of volatility but leaving global investors in the dark over what will happen next.

Jul 04, 2025 - 9:35 AM

Republicans muscle Trump's sweeping tax-cut and spending bill through Congress

WASHINGTON, July 3 (Reuters) - President Donald Trump 's tax-cut l, opens new tabegislation cleared its final hurdle in the U.S. Congress on Thursday, as the Republican-controlled House of Representatives narrowly approved a massive package that would fund his domestic agenda and push millions of Americans off health insurance.

Jul 04, 2025 - 9:01 AM

Dollar slips versus major currencies as US tariff deadline looms

TOKYO, July 4 (Reuters) - The dollar slipped against other major currencies on Friday after President Donald Trump got his signature tax cut bill over the final hurdle and pressure mounted on countries to secure trade deals with the United States.

Jul 04, 2025 - 8:51 AM

US imposes fresh sanctions targeting Iran oil trade, Hezbollah

WASHINGTON, July 3 (Reuters) - The U.S. imposed sanctions on Thursday against a network that smuggles Iranian oil disguised as Iraqi oil, and on a Hezbollah-controlled financial institution, the Treasury Department said.A network of companies run by Iraqi-British national Salim Ahmed Said has been buying and shipping billions of dollars worth of Iranian oil disguised as, or blended with, Iraqi oil since at least 2020, the department said.

Jul 03, 2025 - 12:50 PM

Gold Reserve's $7.38 billion bid recommended as winner of Citgo auction

July 3 (Reuters) - A $7.38 billion bid by a unit of Toronto-listed miner Gold Reserve (GRZ.V) was named preliminary winner of an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, organized by a U.S. court to pay creditors for debt defaults and expropriations in the South American country.

Jul 03, 2025 - 12:55 PM

Gold falls 1% as strong US payrolls data douses rate cut hopes

July 3 (Reuters) - Gold fell 1% on Thursday as stronger-than-expected U.S. payroll data cemented expectations that the Federal Reserve is unlikely to cut interest rates as early as previously anticipated, denting the metal's appeal.Spot gold fell 1% to $3,323.49 per ounce as of 1102 a.m. EDT (1502 GMT), while U.S. gold futures were down 0.8% to $3,333.

Jul 03, 2025 - 12:54 PM

Dollar gains ground against major peers after better-than-expected US jobs data

NEW YORK, July 1 (Reuters) - The U.S. dollar gained ground against major currencies including the yen and Swiss franc on Tuesday after data showed a better-than-expected increase in labor market demand, indicating the Federal Reserve will likely take its time to cut interest rates.Federal Reserve Chair Jerome Powell reiterated that the central bank plans to wait for more data before it starts monetary policy easing, but he didn't rule out a July start. Powell spoke at a central banking conference in Portugal.

Jul 01, 2025 - 11:32 AM

Gold rises over 1% on weaker dollar, ahead of July 9 tariff deadline

July 1 (Reuters) - Gold prices climbed more than 1% on Tuesday, helped by a weaker dollar and economic uncertainty ahead of U.S. President Donald Trump's July 9 deadline for the re-introduction of higher trade tariffs.Spot gold rose 1.4% to $3,348.96 per ounce, as of 1003 a.m. EDT (1403 GMT), the highest level since June 24. U.S. gold futures gained 1.6% to $3,361.30.The U.S. dollar weakened on Tuesday as Trump's massive tax-cut and spending bill stoked fiscal worries and combined with concern over trade deals to weigh on sentiment.

Jul 01, 2025 - 11:28 AM

Chile's Codelco secures lithium quota needed for SQM partnership, company says

Jul 01, 2025 - 11:24 AM

Gold firms on weaker dollar, US tariffs and fiscal uncertainty

July 1 (Reuters) - Gold prices rose more than 1% on Tuesday as a weaker dollar and uncertainty over U.S. tariffs, along with concerns about the country's fiscal outlook, drove investors towards safe-haven assets.Spot gold climbed 1.4% to $3,349.32 an ounce by 1203 GMT while U.S. gold futures jumped 1.6% to $3,361.70.The U.S. dollar (.DXY), opens new tab weakened to its lowest level since early 2022, making gold less expensive for overseas buyers.

Jul 01, 2025 - 9:07 AM

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