OFF THE WIRE

NEW YORK, June 18 (Reuters) - The latest round of Federal Reserve financial disclosures is coming with an unusually wide range of granularity.

TORONTO, June 18 (Reuters) - The Canadian dollar weakened to a 14-month ‌low against its U.S. counterpart on Thursday after the Federal Reserve's hawkish shift a day ago led to a wider gap between U.S. and Canadian bond yields.The loonie was trading ​0.3% lower at 1.4135 per U.S. dollar, or 70.75 U.S. cents, ​after touching its weakest intraday level since April last year ⁠at 1.4146."Every major currency is down against the greenback as traders ignore domestic ​developments and follow rate differentials," Karl Schamotta, chief market strategist at Corpay, said ​in a note.

Miners in the Democratic Republic of Congo are seeking a delay to a government directive requiring them to grant a 5% equity stake to Congolese employees, while unions are pushing for immediate enforcement ahead of a July 31 deadline, according to a document and three industry sources.No company has yet complied with the directive, a union leader said, even as authorities step up efforts to enforce local participation in a sector dominated by foreign investors. Congo is the world’s top cobalt producer and second-largest copper producer.

Zimbabwe’s Mimosa platinum mine, jointly owned by Impala Platinum and Sibanye Stillwater, is reviving its $130 million North Hill life-extension project after a rebound in metal prices, an executive said on Thursday.Mimosa, Zimbabwe’s second largest platinum producer after Impala’s Zimplats, suspended the project in 2024 as prices plunged amid destocking, weak automotive demand and expectations of rapid electric-vehicle adoption.

China defended its export control measures on critical mineral supplies and urged the Group of Seven nations to respect market economy principles and international trading rules rather favouring “small cliques”, its foreign ministry said on Thursday.The remarks followed an agreement by G7 leaders on Wednesday to step up coordination to cut their countries’ reliance on China for critical minerals and including plans to align stockpiling and expand the role of the International Energy Agency.(By Eduardo Baptista and Liz Lee; Editing by Barbara Lewis)