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PRECIOUS-Gold rises on softer dollar, yields as markets eye US jobs data; silver steadies
By Sherin Elizabeth Varghese Dec 15 (Reuters) - Gold extended gains on Monday, supported by a weaker dollar and softer U.S. Treasury yields, as investors looked ahead to key U.S. jobs data for clues on the Federal Reserve's policy path, while silver steadied after a record-breaking run last w...Reuters
Mon, Dec 15
Vietnam's first LNG-fuelled power plants start commercial operation
HANOI, Dec 15 (Reuters) - Vietnam's first two power plants that solely use liquefied natural gas have started commercial operations, owner Petrovietnam Power POW.HM said on Monday.The Nhon Trach 3 and Nhon Trach 4 plants in the southern province of Dong Nai have a combined capacity of 1.62 gigaw...Reuters
Mon, Dec 15
GRAINS-Soybeans at seven-week low as speculators unwind bullish bets
CANBERRA, Dec 15 (Reuters) - Chicago soybean futures dropped to a seven-week low on Monday as speculative investors unwound large long positions, pressured by weak U.S. export demand and plentiful global supplies.Wheat and corn futures dropped as traders assessed plentiful supply. FUNDAMENTALS The m...Reuters
Mon, Dec 15
Chile elects Kast as president in sharp rightward shift
Jose Antonio Kast faced leftist Jeannette JaraCrime concerns defined campaignKast won about 58% of vote, pledges 'real change'By Alexander Villegas and Fabian Cambero SANTIAGO, Dec 14 (Reuters) - Jose Antonio Kast won Chile's presidential election on Sunday, leveraging voter f...Reuters
Mon, Dec 15
RPT-PRECIOUS-Gold rises on softer Treasury yields; silver steadies after record run
Dec 15 (Reuters) - Gold rose on Monday, supported by softer U.S. Treasury yields, while silver steadied after a record-setting spree last week. FUNDAMENTALSSpot gold XAU= rose 0.3% to $4,313.08 per ounce by 0119 GMT. It had hit its highest level since October 21 on Friday.Gold has g...Reuters
Mon, Dec 15
Oil rises on fears of supply disruption as US-Venezuela tensions escalate
By Yuka Obayashi TOKYO, Dec 15 (Reuters) - Oil prices rose on Monday, recouping part of last week's 4% slide, as concerns over potential disruptions from escalating U.S.-Venezuela tensions outweighed lingering oversupply worries and the effects of a potential Russia-Ukraine peace deal. Brent ...Reuters
Mon, Dec 15
PRECIOUS-Gold rises on softer Treasury yields; silver steadies after record run
Dec 15 (Reuters) - Gold rose on Monday, supported by softer U.S. Treasury yields, while silver steadied after a record-setting spree last week. FUNDAMENTALSSpot gold XAU= rose 0.3% to $4,313.08 per ounce by 0119 GMT. It had hit its highest level since October 21 on Friday.Gold has g...Reuters
Mon, Dec 15
Gold Price Forecast: XAU/USD edges higher above $4,300 on Fed rate cut bets
Gold price (XAU/USD) attracts some buyers to around $4,315 during the early Asian trading hours on Monday. The precious metal extends its upside to the highest since October 21 amid the prospect of interest rate cuts by the US Federal Reserve (Fed) next year.Fxstreet
Mon, Dec 15
Fortescue To Acquire Alta Copper
Dec 15 (Reuters) - Fortescue Ltd FMG.AX:FORTESCUE TO ACQUIRE ALTA COPPERASX ALERT-FORTESCUE TO ACQUIRE ALTA COPPERALTA COPPER SHAREHOLDERS WILL RECEIVE CASH CONSIDERATION OF C$1.40 PER SHAREALTA COPPER SHAREHOLDERS TO RECEIVE CA$1.40 PER SHAREPROPOSES TO ACQUIRE REMAINING 64 PER CENT OF ALTA COPPER&...Reuters
Mon, Dec 15
CMOC to buy EQX's Leagold LatAm, Luna Gold for $1 billion
HONG KONG, Dec 15 (Reuters) - Chinese metals miner and processor CMOC Group 603993.SS on Monday said its unit CMOC Ltd plans to buy Leagold LatAm Holdings B.V. and Luna Gold Corp from Canada's Equinox Gold Corp EQX.TO for a combined $1.015 billion. In the deal, CMOC will obtain a 100% interest i...Reuters
Mon, Dec 15
CMOC to buy EQX's Leagold LatAm, Luna Gold for $1 billion
HONG KONG, Dec 15 (Reuters) - Chinese metals miner and processor CMOC Group 603993.SS on Monday said unit CMOC Ltd plans to buy Leagold LatAm Holdings B.V. and Luna Gold Corp from Canada's Equinox Gold Corp EQX.TO for a combined $1.015 billion.Through the deal, CMOC will obtain a 100% interest i...Reuters
Mon, Dec 15
Tokyo Gas to steer more than half of overseas investments to US in next 3 years, CEO says
Tokyo Gas 9531.T, Japan's top city gas provider, plans to direct more than half of the 350 billion yen ($2.3 billion) it has earmarked for overseas investments over the next three years to the U.S. to drive growth, CEO Shinichi Sasayama said.Reuters
Mon, Dec 15
Australia's Fortescue to buy remaining stake in Alta Copper, valuing it at $101 million
Dec 15 (Reuters) - Australia's Fortescue FMG.AX said on Monday it would buy the remaining 64% of Alta Copper ATCU.TO, in a deal implying a total equity value of C$139 million ($101 million) for the Toronto-listed copper miner.Fortescue, through its unit Nascent Exploration, is offering C$1.40 pe...Reuters
Sun, Dec 14
Venezuela's allies support Maduro as tensions with US rise
By Leila Miller BUENOS AIRES, Dec 14 (Reuters) - Venezuela's regional allies voiced support for the government in a summit on Sunday, condemning the Trump administration’s seizure of an oil tanker last week.The seizure of the Skipper tanker off Venezuela's coast last Wednesday marked the...Reuters
Sun, Dec 14
Australia's Fortescue to buy remaining stake in Alta Copper, valuing it at $101 million
Dec 15 (Reuters) - Australia's Fortescue FMG.AX said on Monday that it will buy the remaining 64% of Alta Copper ATCU.TO that it does not already own for C$1.40 per share.The deal implies a total equity value for the Toronto-listed copper miner of C$139 million ($101 million).($1 = 1.3762 Canadi...Reuters
Sun, Dec 14
France calls for EU-Mercosur December meeting to be delayed
PARIS, Dec 14 (Reuters) - France is urging the European Union and Mercosur countries to postpone their planned December meeting, saying conditions are not yet in place for the signing of the EU-Mercosur trade deal, the French prime minister's office said on Sunday.Recent European Commission prop...Reuters
Sun, Dec 14
Russia says Afipsky oil refinery undamaged by drone attack
MOSCOW, Dec 14 (Reuters) - Drone fragments caused a fire near the Afipsky oil refinery in Russia's Krasnodar region without inflicting any injuries or damage, a local emergencies centre said on Sunday. "A gas pipe caught fire outside the refinery near one of the checkpoints. The fire covered...Reuters
Sun, Dec 14
