OFF THE WIRE

Reuters

Zimbabwe labs overwhelmed as gold rally spurs exploration, miner says

Zimbabwean laboratories are struggling to cope with a surge in mineral samples submitted by mines ramping up exploration activity in response to record gold prices, a mine executive said on Wednesday.Geopolitical tensions, central bank buying and, lately, economic uncertainty fueled by US President Donald Trump’s tariffs drove gold prices to a record high of $3,500 an ounce in April.

Reuters

Cochilco maintains copper price forecast for 2025 and 2026

Chile’s state copper commission Cochilco maintained its forecast for average copper prices in 2025 and 2026 at $4.30 per pound on Wednesday amid limited supplies of concentrate and sustained demand from China and other emerging economies.Cochilco said Chile’s production is expected to reach 5.58 million metric tons this year, a 1.5% increase from last year. In May, the commission had estimated growth of 3%.For 2026, Cochilco maintained it’s growth estimate at 3% year-on-year, but dropped its production estimate to 5.75 million tons from 5.97 million tons.

Reuters

Adani’s new copper smelter in India applies to become LME-listed brand

A major new copper smelter in India owned by Adani Enterprises Ltd has applied to become a listed copper-producing brand with the London Metal Exchange, the LME said in a notice on Wednesday.The copper smelter, which has an annual production capacity of 500,000 metric tons, is coming online at a time of shrinking smelting margins due to new smelter capacity in China and slower-than-expected growth of copper concentrate supply.According to Adani, the $1.2 billion Kutch Copper facility in the western state of Gujarat is the world’s biggest single-location plant of its type.

Reuters

Bank of Canada divided on impact of monetary policy given tariffs, say minutes

By Promit Mukherjee and David Ljunggren

Reuters

From Wall Street to academia, who is in Trump's line of fire?

August 13 - U.S. President Donald Trump has escalated his criticism and actions against executives, corporations and institutions alike. His unprecedented actions, from novel export deals to frozen university grants, have upended the status quo between the government, law, academia and corporate America.Earlier this week, Trump questioned if Goldman Sachs CEO David Solomon should remain at the helm, slamming him for the bank's prediction that tariffs would hurt the U.S. economy.Here are some influential figures and entities that Trump has publicly criticized:

India set to allow its private firms to mine and import uranium to help nuclear expansion

Reuters - 3 hours ago

Dollar extends weakness as anticipation mounts of Fed interest rate cut

Reuters - 3 hours ago

Fed cut seen near certain after inflation data, Bessent comments

Reuters - 3 hours ago

Albemarle says Chile lithium plant operating normally after incident last week

Reuters - 4 hours ago

Samarco gets court approval to exit bankruptcy proceedings

Reuters - 4 hours ago

Gold rises on increasing Fed rate-cut bets, weaker dollar

Reuters - 5 hours ago

Nomura sees Fed rate cut in September as inflation cools

Reuters - 5 hours ago

TSX futures rise as Fed rate cuts prospects continue to boost sentiment

Reuters - 6 hours ago

Dollar slips to two-week low as investors eye Fed cut

Reuters - 6 hours ago

S&P 500, Nasdaq futures at record highs on September rate cut hopes

Reuters - 6 hours ago

World shares hit record as rate cut hopes, tame inflation data buoy sentiment

Reuters - 6 hours ago

Stocks hit fresh record high but US dollar weakens as Fed rate cut expectations gain momentum

Reuters - Aug 12, 2025 - 5:54 PM

India proposes minerals exchange to regulate metals trading

Reuters - Aug 12, 2025 - 4:44 PM

S&P 500, Nasdaq end at record closing highs as moderate inflation lifts rate hopes

Reuters - Aug 12, 2025 - 4:33 PM

Gold nudges higher after US inflation data

Reuters - Aug 12, 2025 - 2:46 PM

Trump cites 'major lawsuit' against Fed's Powell, again urges rate cut

Reuters - Aug 12, 2025 - 2:29 PM

Miran calls Fed independence 'paramount' but declines to elaborate - CNBC

Reuters - Aug 12, 2025 - 2:27 PM

Eramet names processing head in Gabon with eye on manganese ore export ban

Reuters - Aug 12, 2025 - 2:09 PM

Cheaper gasoline restrains US consumer prices; worries about data quality rise

Reuters - Aug 12, 2025 - 1:42 PM

Ex-Fed's Bullard says he's talked with Bessent about Fed chair job

Reuters - Aug 12, 2025 - 1:36 PM

Stocks rally, oil prices drop after modest US inflation data solidifies Fed rate cut expectations

Reuters - Aug 12, 2025 - 12:30 PM

Canadian dollar rebounds from one-week low after U.S. inflation report

Reuters - Aug 12, 2025 - 12:21 PM

Alrosa flags high rates, inflation pressure as revenue falls

Reuters - Aug 12, 2025 - 11:49 AM

Australia’s Arafura Rare Earths eyes $100 million in export agency funding, source says

Reuters - Aug 12, 2025 - 11:41 AM

Bullion markets breathe sigh of relief after Trump says gold will not face tariffs

Reuters - Aug 12, 2025 - 11:05 AM

Fed's policy rate should stay on hold for now, Schmid says

Reuters - Aug 12, 2025 - 11:01 AM

Dollar eases as US inflation data keeps September rate cut on table

Reuters - Aug 12, 2025 - 10:51 AM

US consumer prices increase moderately; worries about data quality rise

Reuters - Aug 12, 2025 - 10:45 AM

Cash held by US companies halved since 2021 amid high interest rates, data shows

Reuters - Aug 12, 2025 - 10:08 AM

Toronto stocks jump as US inflation data keep rate-cut hopes alive

Reuters - Aug 12, 2025 - 10:06 AM

Gold nudges higher after US inflation data

Reuters - Aug 12, 2025 - 9:46 AM

Wall St poised for higher open after July inflation data

Reuters - Aug 12, 2025 - 9:28 AM

OPEC lifts 2026 oil demand view and trims supply growth from rivals

Reuters - Aug 12, 2025 - 9:27 AM

Jobs data triggered Trump, but Fed officials saw it not as rigged, but as reason to cut

Reuters - Aug 12, 2025 - 8:42 AM

Switzerland wants binding Trump commitment on gold tariffs, lobby group says

Reuters - Aug 12, 2025 - 8:17 AM

Stablecoin issuer Circle's revenue jumps in first results since blockbuster IPO

Reuters - Aug 12, 2025 - 8:14 AM

Stocks subdued as inflation fears dampen US-China trade truce optimism

Reuters - Aug 12, 2025 - 8:07 AM

Currency markets brace for US inflation data

Reuters - Aug 12, 2025 - 8:05 AM

Wall St futures steady as investors brace for crucial inflation data

Reuters - Aug 12, 2025 - 8:02 AM

Fed vice chairs, Dallas Fed president being considered for next chair, Bloomberg reports

Reuters - Aug 11, 2025 - 4:22 PM

Dollar edges up with US inflation report on tap

Reuters - Aug 11, 2025 - 4:20 PM

Canadian dollar hits a six-day low ahead of pivotal US inflation data

Reuters - Aug 11, 2025 - 1:39 PM

Gold falls as markets await clarification on tariffs, inflation data

Reuters - Aug 11, 2025 - 1:05 PM

Nvidia, AMD to pay 15% of China chip sale revenue to US, official says

Reuters - Aug 11, 2025 - 12:49 PM

Trump's 401(k) order offers retirement savers crypto, private assets, but also higher fees and more risk

Reuters - Aug 11, 2025 - 12:38 PM