
Bolivia's Ambitious Gold Trading Venture Aims for $1 Billion in Purchases This Year
In a strategic move to boost its economy and capitalize on the rising global demand for gold, Bolivia has launched a state-controlled gold trading entity. This new initiative, spearheaded by the Bolivian government, is set to target a phenomenal $1 billion in gold purchases by the end of this fiscal year. The establishment of the state gold trader is viewed as a significant step towards enhancing national revenue while fortifying the country’s position within the competitive global gold market.
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BHP Voices Concerns Over Mining Sector Amid Trump's Potential Return to Politics
In a recent development that has sent ripples through the mining industry, BHP, one of the largest mining companies in the world, has expressed growing concerns regarding trade uncertainties as Donald Trump gears up for a possible return to the political arena. The implications of his return could significantly impact the global mining market, strategists note.
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