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Barrick Mining office in Mali's capital Bamako reopens under new provisional administration, sources say
DAKAR, June 23 (Reuters) - Malian tax officials have reopened Barrick Mining's ABX.TO office in the capital Bamako under new interim administration after it was shut in mid-April over alleged non-payment of taxes amid a dispute over mining revenues, two people close to the matter said.Spokespeop...Reuters
Mon, Jun 23
PRECIOUS-Gold firms on safe-haven demand, all eyes on Iran's next move
Iran issues stark warning to Trump US dollar up 0.6% against its peersFresh record high for gold not on immediate horizon, analyst saysBy Anushree Mukherjee June 23 (Reuters) - Gold edged higher on Monday as Iran-Israel tensions lifted safe-haven demand, though gains were limited by a stronge...Reuters
Mon, Jun 23
Putin says Middle East escalation moving the world closer to great danger
MOSCOW, June 23 (Reuters) - Russian President Vladimir Putin said on Monday that the involvement of powers from outside the Middle East in the conflict with Iran was moving the world towards great danger.Earlier Putin hosted Iranian Foreign Minister Abbas Araqchi in Moscow and told him that there wa...Reuters
Mon, Jun 23
HSBC sees Brent crude spiking above $80/bbl on rising risk of Hormuz closure
June 23 (Reuters) - HSBC expects Brent oil prices to spike to above $80 per barrel to factor in a higher probability of a Strait of Hormuz closure, but to again recede if the threat of disruptions does not materialise, it said on Monday.About a fifth of the world's total oil consumption passes t...Reuters
Mon, Jun 23
RPT-COLUMN-Forget AI. Keeping cool is the bigger power sector problem: Maguire
By Gavin MaguireDENVER June 23 (Reuters) - Utilities in the developed world are stressing over how to keep up with demand from data centres and artificial intelligence searches. But globally, keeping people cool is likely to be a much bigger drain on electricity grids and a more pressing power secto...Reuters
Mon, Jun 23
Saudi Arabia's crude exports rise to 6.166 mln bpd in April
June 23 (Reuters) - Saudi Arabia's crude oil exports in April rose to 6.166 million barrels per day (bpd) from 5.754 million bpd in March, official data showed on Monday.The world's largest oil exporter's crude output for April was at 9.005 million bpd, up from 8.957 million bpd in March...Reuters
Mon, Jun 23
Britain's industrial strategy cuts green levy to lower energy bills
Britain to cut high energy costs for businessGovernment announces first industrial strategy for eight yearsManufacturing revival eyed but some services miss outBy Alistair Smout LONDON, June 22 (Reuters) - Britain's industrial strategy made public on Monday will reduce green levies, lowering ...Reuters
Mon, Jun 23
First Quantum reports fatality from accident at Zambia mine, suspends some operations
June 23 (Reuters) - First Quantum Minerals FM.TO said on Monday it had temporarily suspended operations in the area of an accident at the Trident project in Zambia which resulted in the death of an employee.The Canadian miner said the accident involved a dump truck at a pit in the Sentinel copper mi...Reuters
Mon, Jun 23
CORRECTED-COLUMN-Iran oil doomsday in Hormuz may be more fear than reality: Bousso
US strikes on Iran spur fear of disruption to Middle East oil exportsIran able to block the Strait of Hormuz, has tried in the pastDisruptions likely to be met by swift response from US NavyBy Ron Bousso LONDON, June 22 - U.S. strikes on several Iranian nuclear sites represent a meaningful escala...Reuters
Mon, Jun 23
Three tankers divert away from Strait of Hormuz amid rising tensions – shipping data
LONDON, June 23 (Reuters) - Three empty oil and chemical tankers have diverted away from the Strait of Hormuz and changed course, Marine Traffic ship tracking data showed on Monday, amid growing uncertainty over whether Iran will take reprisal action in the vital waterway after U.S. airstrikes on Te...Reuters
Mon, Jun 23
Entropy Enters Definitive Agreement To Purchase Strategic Carbon Storage Assets
June 23 (Reuters) - Advantage Energy Ltd AAV.TO:ENTROPY ENTERS DEFINITIVE AGREEMENT TO PURCHASE STRATEGIC CARBON STORAGE ASSETSADVANTAGE ENERGY LTD - ENTROPY TO PURCHASE CARBON HUBS FOR $20 MILLION PLUS $15 MILLION CONTINGENTADVANTAGE ENERGY LTD - ENTROPY ANTICIPATES GLACIER PHASE 2 EXPECTED TO REAC...Reuters
Mon, Jun 23
Supertankers' U-Turn Signals Escalating Middle East Tensions, More Oil Upside After Recent Highs?
TradingKey - In light of a US airstrike on Iranian nuclear facilities, two super tankers each capable of carrying about 2 million barrels of oil made an unexpected U-turn upon entering the Strait of Hormuz, steering away from the entrance to the Persian Gulf, Bloomberg reports on June 22, Eastern TiTradingKey
Mon, Jun 23
South Africa agrees $1.5 billion World Bank loan to upgrade infrastructure
JOHANNESBURG, June 23 (Reuters) - South Africa has signed a $1.5 billion loan agreement with the World Bank, aiming to overhaul its transport and energy infrastructure and reignite economic growth, the National Treasury said on Monday.For more than a decade Africa's most advanced economy has str...Reuters
Mon, Jun 23
First Quantum Minerals reports fatality at Zambia copper mine
June 23 (Reuters) - First Quantum Minerals FM.TO said on Monday an employee working at the company's Trident project in Zambia passed away following an incident involving a dump truck.The Canadian miner said the incident occurred at a pit at the Sentinel copper mine, adding that local authoritie...Reuters
Mon, Jun 23
Grid operator PJM issues maximum generation alert for Monday amid heat wave
June 23 (Reuters) - Grid operator PJM Interconnection has issued an alert for Monday asking power generators to be ready to operate at maximum capacity if needed, as hot weather continues throughout the eastern U.S. region the grid operator serves.PJM expects its electricity needs to reach 160,000 M...Reuters
Mon, Jun 23
