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Gold edged higher as officials in Pakistan said a second round of US-Iran peace talks was expected in Islamabad, without saying when the negotiations would take place....
Barrick Mining Corp. said it's slowing work on its Reko Diq copper-and-gold project in Pakistan due to escalating security issues in the country and Middle East....
In international trading, the precious metal lost $35 per ounce to settle around $4,115, extending a week-long slide triggered by shifting expectations over US monetary policy....
Globally, bullion traded close to all-time highs as investors awaited key US inflation data and speeches from Federal Reserve officials later this week....
US Strategic Metals has signed a $500 million investment deal with Pakistan to develop its mineral sector, focusing on critical minerals. This agreement, along with another with Mota-Engil Group, aims to boost mineral processing and large-scale mining projects in Pakistan. The US embassy hailed the deal as a sign of strengthened US-Pakistan relations....
The US designation of the Baloch Liberation Army as a terrorist group strengthens Pakistan's stance against Baloch activists and potentially opens doors for American mining companies to access Balochistan's rare earth deposits. Improved US-Pakistan relations, especially under Trump 2.0, have involved discussions on these mineral opportunities....