Your daily market briefing

NewPeak Metals targets higher-grade gold zone with Las Opeñas Phase 2 drilling in Argentina Proactive financial news

Argentina’s copper buildout: Where the supplier opportunity starts before production Global Mining Review

YPF Close to Signing More Argentina LNG Sales Contracts

State-run YPF close to signing several liquefied natural gas sales contracts for proposed US$24-billion export plant Argentina LNG. Leer más

Chevron (CVX) Weighs Mediterranean And Argentina Gas Push As LNG Routes Shift simplywall.st

Argentina’s YPF Says Close to Signing More LNG Sales Contracts Bloomberg.com

Chevron eyes Argentina, Mediterranean for global LNG growth, deal with India Reuters

Chevron Considers Argentina and Mediterranean Expansion as LNG Portfolio Grows Yahoo Finance

Chile turns its strengths -stability and growth- into new investment opportunities santander.com

Chile Moves to Promote Mining Exploration and Foreign Investment industrialinfo.com

Chile solar and wind curtailment hits record 2,680 GWh Mugglehead Investment Magazine

Paraguay Declares War on Illegal Bitcoin Mining, 10,000 Rigs Seized yellow.com

Royal Road Starts Drilling Its GAM Gold-Copper Project In Colombia Finimize

Colombia Congress approves 2027 budget as fiscal strains deepen Reuters

Colombia's Record Budget Approval Amid Fiscal Challenges devdiscourse.com

Women lead brutal lives in Colombia’s illegal gold-mining regions The Economist

Forget Today's Gold Dip. Watch These 5 Things Instead. GoldSilver

El precio del petróleo brent para entrega en noviembre sube este lunes el 2,6 % y alcanza de nuevo los 107 dólares, mientras el mercado sigue pendiente de las tensiones en Oriente Medio.

El Nino impact on Peru, Chile crushes global fishmeal, fish oil output Undercurrent News

Mexico Deepens Trade Links With South America Mexico Business News

Peru Economy Ministry’s X Account Hacked in Likely Crypto Scam Bloomberg.com

How Poland lost $230mn trying to buy Venezuelan oil with crypto ft.com

U.S. Treasury Issues New License Easing Venezuelan Oil Operations teleSUR English

Trump Eyes Venezuela‑Style Scenario for Iran Oil Egypt Oil & Gas

Venezuela’s Oil Exports Fell Slightly to 1.2 Million Bpd in June, Data Says EnergyNow.com

Venezuela Crude Exports Hit 1.15 Million Bpd Rigzone

Unwanted in the US, old oil equipment finds a new home in Venezuela Reuters

Dollarization: What Adopting the US Dollar Would Mean for Venezuela

Reality check: Trump's Venezuela oil deal may have little immediate impact on US gas prices ABC News - Breaking News, Latest News and Videos

Would Adopting the US Dollar Stabilize Venezuela’s Economy? Bloomberg.com

No Service Economy Without a Classroom: The Costa Rica Lesson Mexico Business News

'Vessel attacked by Iran twice': US rejects IRGC claim that Panama-flagged tanker hit naval mine in Hormu timesofindia.indiatimes.com

US Denies Iran’s Claim that Oil Tanker Hit Mine in Hormuz Deccan Chronicle

China’s deep-sea expedition uncovers high-grade gold, silver deposit in the Pacific Interesting Engineering

Hong Kong employers’ hiring sentiment rebounded sharply in the fourth quarter, with far fewer companies expecting to cut jobs as confidence improved alongside stronger economic growth, according to a ManpowerGroup survey. The international human resources firm said the city’s seasonally adjusted net employment outlook rose to 14 per cent, up by 23 percentage points from minus 9 per cent in the third quarter of this year. The outlook is calculated by subtracting the percentage of employers...

Central bank chief says continent’s AI dependency could give trade partners unprecedented leverage in negotiations Europe must develop its own AI technology and build more datacentres in order to nullify the threat of being cut off by the US or China, according to the president of the European Central Bank. Christine Lagarde said the continent needed AI models – the technology that powers AI tools such as chatbots – that were “good enough” to carry out most tasks and run from domestic datacentres. If Europe invests in its own AI tech, said Lagarde, “the threat of being cut off loses its force”. Continue reading...

Chinese scientists say they have discovered a massive underwater mineral deposit in the western Pacific that is remarkably rich in gold and silver. According to a report by state broadcaster CCTV on Friday, the discovery was made during a joint scientific expedition involving several Chinese academic institutions. The ores within this seabed hydrothermal field – an area where hot, mineral-rich water shoots out from openings on the ocean floor – are exceptionally rich in precious metals. Silver,...

The Trump administration has encouraged AI's rapid growth and the development of data centers as it seeks an insurmountable tech edge over China.

The UN Security Council will hold a meeting on artificial intelligence next week amid growing international concern over the threat from the fast moving technology, a French diplomatic source said on Monday. The meeting would be held during the United Nations General Assembly when a host of world leaders are at the UN headquarters in New York and France holds the rotating presidency of the Security Council. No details were given on the exact day. “In terms of global affairs, the issue of AI will...

Iran’s Islamic Revolutionary Guard Corps (IRGC) said late on Monday that an oil tanker had struck a sea mine and exploded in the Strait of Hormuz. The tanker El Gaia was travelling along the southern route through the strait, which was mined by Iran, state broadcaster IRIB reported, citing the IRGC. The entire vessel went up in flames following the detonation of the mine, it said. The US military rejected that account. “The Panama-flagged oil tanker El Gaia was struck by an Iranian missile last...

President Xi Jinping promoted China’s vision for artificial intelligence (AI) at the annual Brics summit, seeking to win support from the Global South amid tech competition with the US. China would spearhead development of an AI Brics “community”, support cooperation in developing large language models and offer training, Xi said on Sunday in New Delhi. The previous day, he invited Brics nations to join the newly formed World AI Cooperation Organisation. Brics countries must “strengthen...

China’s top intelligence official has warned of rising national security risks posed by artificial intelligence (AI), calling for robust risk prevention frameworks and stronger global governance of the emerging technology. The call from Chen Yixin, China’s state security minister, comes as Beijing seeks to play a leading role in global AI governance while criticising US restrictions. At the Brics summit in India over the weekend, Chinese President Xi Jinping proposed an AI-powered initiative to...

US President Donald Trump on Sunday played down the need for his administration to check the development of artificial intelligence, saying he worried about ceding America’s edge over China in a global competition and that winning would help address the risks from the advancing technology. While acknowledging the need for some regulation, Trump provided no specifics about potential rules and attributed warnings about the technology moving too quickly and with little oversight to “negative...

[The content of this article has been produced by our advertising partner.] Healthcare professionals and technology innovators are transforming how diseases are detected, managed, and treated—shifting the focus from simply treating illnesses after they appear to focus on early detection, high-precision diagnostics, and sustainable healthcare systems that put patients first. At the center of this transformation are four major forces reshaping how care is delivered: AI-Driven Innovations &...

Hong Kong’s first five-year plan will include both binding and aspirational targets, the city’s leader has said, stressing that the long-term blueprint will not signal a move towards a planned economy. Chief Executive John Lee Ka-chiu also revealed on Tuesday that the plan, which will be unveiled alongside his annual policy address the following day, would feature a blue cover symbolising “blue skies”, openness, progress and steadiness. “There will be indicators which are binding and indicators...

China's investment slump deepened, retail sales growth slowed further in August while industrial output blew past estimates as Beijing warns of supply-demand imbalance.

Chinese scientists say they have devised a new technique for refining oil that cuts the amount of energy consumed during the process by roughly 90 per cent. If the technology used in the study could be scaled up for industry, it would not only greatly reduce production costs and emissions, but also make the process more precise and boost product value. Crude oil cannot be turned directly into petrol or plastics. Instead, refineries must separate it into different parts before each one can be put...

Like many Hong Kong parents, Ms Ng spends her weekend shuttling her eight-year-old son from one tutoring class to another across the city, hoping to strengthen his academic performance. Across Chinese communities worldwide, parents travel the same journey, investing time, money and energy. But as we enter the age of artificial intelligence, we must ask if such striving is still worthwhile. Industry leaders predict that AI will replace swathes of white-collar work in finance, law, accounting and...

China gold market update: Official buying accelerated in August | Post by Ray Jia | Insights World Gold Council

China Draws Crude Inventories August Refinery Runs Rise