Heard on the Street Thursday Recap: Copper Keeps Shining
The Brazilian real regained some ground, a day after the currency lost more than 2% against the dollar. Brazil's relatively closed economy gives it some protection from tariffs, analysts at Oxford Economics said. Even so, levies could sap business confidence and there is a risk tensions spiral.
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Michigan Gov. Whitmer makes another White House visit to meet with Trump
WASHINGTON (AP) — Michigan Gov. Gretchen Whitmer met with President Donald Trump at the White House on Tuesday to discuss the toll tariffs are taking on the auto industry and the potential effects of his tax and spending bill on Medicaid. It's the latest in a string of meetings between the Democratic governor and the Republican president after the two frequently clashed during his first term. In his second term, Whitmer has adopted a more diplomatic approach, drawing some backlash from fellow Democrats. But it's also resulted in multiple wins for Whitmer's state, including Trump's approving $50 million in storm relief and awarding a new fighter jet mission for an Air National Guard base in the state. 'I've always said that I'll work with anyone to get things done for Michigan,' Whitmer, a potential 2028 presidential candidate, said in a statement Tuesday. 'That's why I've continued to go to Washington, D.C., to make sure that Michiganders are front and center when critical decisions are being made.' The private meeting between Whitmer and Trump — which a White House official would not confirm but did stress Trump's continued focus on Michigan — marks a rare instance of the president sitting with a leading Democratic figure. In recent weeks, Trump attacked Senate Democratic leader Chuck Schumer, telling him to 'go to hell," while also taking aim at other high-profile Democratic governors who have pushed back on some of his policies, including California's Gavin Newsom and Illinois' JB Pritzker, also considered possible 2028 candidates. Pritzker has aided Texas Democrats in leaving their state to stay in Illinois to block Republicans from their needed quorum to pass a new congressional map backed by Trump. Early Tuesday, Trump called Pritzker 'probably the dumbest of all governors' in a television interview. Whitmer has been more careful, criticizing some of Trump's policies rather than the president himself. She issued an executive directive last week to assess the impact of tariffs that she said have led to 'massive economic uncertainty' — without mentioning Trump's name once. Tuesday's appearance ended with far less controversy than her trip to the White House in April. Whitmer was unexpectedly ushered into the Oval Office during that visit, standing awkwardly nearby as the Republican president signed executive orders and assailed his political opponents during a photo opportunity. In their White House meeting Tuesday, Whitmer said that she told Trump and 'his team about the impact tariffs are having on Michigan's economy, especially our auto industry.' She also discussed 'changes in the Medicaid program, and ongoing recovery efforts following the ice storm in Northern Michigan this year." Whitmer also saw Secretary of State Marco Rubio, Defense Secretary Pete Hegseth and chief of staff Susie Wiles while at the White House. Trump announced last month that he had spoken with Whitmer to inform her that he was appproving $50 million in federal funds for Michigan to support repairs and recovery from a March ice storm. In April, Trump traveled to Michigan to announce a new mission for Selfridge Air National Guard Base, which Whitmer has sought for years.
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Barrick Publishes GISTM TSF Disclosures
TORONTO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:B)(TSX:ABX) today released site-level disclosures for its tailings storage facilities (TSFs), in alignment with Principle 15 of the Global Industry Standard on Tailings Management (GISTM) and in addition to those facilities disclosed already, in August 2023. Barrick president and chief executive Mark Bristow says Barrick is publishing these further disclosures to provide public access to information about our tailings facilities, reflecting our ongoing commitment to transparency. 'As a member of the International Council on Mining and Metals (ICMM), Barrick has played an active role in developing the standard and has been a strong advocate for its industry-wide adoption. The GISTM aligns closely with our own comprehensive tailings management standards. A key focus for us is ensuring our tailings storage facilities are operated and closed responsibly,' said Bristow. Barrick has also worked diligently toward bringing inactive tailings storage facilities into Safe Closure on a priority basis. Group sustainability executive Grant Beringer said: 'Achieving Safe Closure requires long-term risks to human health and the environment to be thoroughly assessed and mitigated. We currently have 13 facilities in Safe Closure, with five more targeted for next year.' 'The safe closure of these facilities requires stakeholders to be engaged, key biodiversity features conserved and cultural values protected.' The TSF disclosures are available at About Barrick Mining Corporation Barrick is a leading global mining, exploration and development company. With one of the largest portfolios of world-class and long-life gold and copper assets in the industry — including six of the world's Tier One gold mines — Barrick's operations and projects span 18 countries and five continents. Barrick is also the largest gold producer in the United States. We create real, long-term value for all stakeholders through responsible mining, strong partnerships and a disciplined approach to growth. Barrick shares trade on the New York Stock Exchange under the symbol 'B' and on the Toronto Stock Exchange under the symbol 'ABX'. Enquiries Group investor and media relationsKathy du Plessis+44 20 7557 7738barrick@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Suncor Energy tops second-quarter profit estimates
(Reuters) -Suncor Energy exceeded analysts' second-quarter profit expectations on Tuesday, as the Canadian oil producer benefited from higher output. The Calgary, Alberta-based company reported an adjusted profit of 71 Canadian cents per share for the three months ended June 30, beating analysts' average estimate of 69 Canadian cents per share, according to data compiled by LSEG. Sign in to access your portfolio
