16/01/2025

˻ ͒͗ ˜ ͓͓͖͑

17

BIZ & FINANCE

9ä© ©j ’j€‰Ð ̉䉺ۉ ب̉jØ ’Ì¿¹ €¨©É €ÛÌÐ

W1 ©º’´jØ©¿º Ûº‰æɉ€Ø‰ ´ç ‰€´©º‰Ð -0/%0/ #SJUJTI JOGMBUJPO VOFYQFDUFEMZ TMPXFE MBTU NPOUI BOE DPSF NFBTVSFT PG QSJDF HSPXUI o USBDLFE CZ UIF #BOL PG &OHMBOE o GFMM NPSF TIBSQMZ BDDPSEJOH UP PGGJDJBM EBUB UIBU XJMM CF XFMDPNFE CZ $IBODFMMPS PG UIF &YDIFRVFS 3BDIFM 3FFWFT BGUFS SFDFOU B NBSLFU TFMMPGG 5IF BOOVBM SBUF PG JOGMBUJPO FBTFE UP JO %FDFNCFS GSPN JO /PWFNCFS UIF 0GGJDF GPS /BUJPOBM 4UBUJTUJDT 0/4 TBJE &DPOPNJTUT QPMMFE CZ 3FVUFST IBE NPTUMZ FYQFDUFE B IFBEMJOF JOGMBUJPO SFBEJOH PG 5IF #P& – XIJDI XJMM BOOPVODF JUT OFYU JOUFSFTU SBUF EFDJTJPO PO 'FC – GPSFDBTU JO FBSMZ /PWFNCFS UIBU JOGMBUJPO XPVME CF JO %FDFNCFS i1PMJDZNBLFST BOE 5SFBTVSZ PGGJDJBMT XJMM CF CSFBUIJOH B TNBMM TJHI PG SFMJFGw 4DPUU (BSEOFS JOWFTUNFOU TUSBUFHJTU BU + 1 .PSHBO PXOFE EJHJUBM XFBMUI NBOBHFS /VUNFH TBJE *OWFTUPST IBWF TPME #SJUJTI HPWFSONFOU CPOET IFBWJMZ JO SFDFOU EBZT JO QBSU CFDBVTF UIFZ XPSSZ UIBU JOGMBUJPO JT MJLFMZ UP QSPWF UPP IJHI GPS UIF #P& UP DVU SBUFT NVDI UIJT ZFBS IVSUJOH FDPOPNJD HSPXUI BOE UIF HPWFSONFOU T TUSFUDIFE GJOBODFT $PSF JOGMBUJPO XIJDI FYDMVEFT FOFSHZ GPPE BMDPIPM BOE UPCBDDP QSJDFT GFMM UP GSPN JO /PWFNCFS 5IF 3FVUFST QPMM IBE QPJOUFE UP B TNBMMFS ESPQ UP 4FSWJDFT JOGMBUJPO TUPPE BU JO %FDFNCFS o JUT MPXFTU TJODF .BSDI o DPNQBSFE XJUI B NPOUI FBSMJFS UIF 0/4 TBJE &DPOPNJTUT IBE GPSFDBTU JU XPVME EJQ POMZ UP 5IF #P& MPPLT BU CPUI TFSWJDFT BOE DPSF JOGMBUJPO BT B CFUUFS HVJEF PG VOEFSMZJOH QSJDF QSFTTVSFT JO UIF FDPOPNZ FTQFDJBMMZ UIPTF DBVTFE CZ QFSTJTUFOU XBHF HSPXUI i'PS OPX UIJT TMJHIUMZ TPGUFS SFQPSU TIPVME IFMQ SFBTTVSF JOWFTUPST UIBU UIF #P& DBO DPOUJOVF XJUI JUT HSBEVBM FBTJOH DZDMF w TBJE -VLF #BSUIPMPNFX EFQVUZ DIJFG FDPOPNJTU BU BCSEO o 3FVUFST jº² (º ¿º‰Ð©j ‰´©ä‰ÌÐ ÐÛÌÉ̩Љ Ìj؉ €ÛØ Ø¿ ÐÛÉÉ¿ÌØ ¢Ì¿åب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o 3FVUFST

4"/ '3"/$*4$0 /WJEJB GBDFT B TJHOJGJDBOU SFWFOVF UISFBU EVF UP UIF MBUFTU 64 FYQPSU SFTUSJDUJPOT PO BSUJGJDJBM JOUFMMJHFODF DIJQT EFTJHOFE UP MJNJU UIF HMPCBM EJTUSJCVUJPO PG UIFTF DPWFUFE QSPDFTTPST BOBMZTUT BOE JOWFTUPST TBJE 5IF SFHVMBUJPOT BNPOH UIF TUSPOHFTU ZFU GSPN +PF #JEFO T BENJOJTUSBUJPO MJNJU "* DIJQ FYQPSUT UP NPTU DPVOUSJFT FYDFQU GPS B TFMFDU HSPVQ PG DMPTF 64 BMMJFT 5IFZ BMTP NBJOUBJO B CMPDL PO FYQPSUT UP TPNF DPVOUSJFT JODMVEJOH $IJOB BT UIF 64 USJFT UP DMPTF SFHVMBUPSZ MPPQIPMFT BOE QSFWFOU #FJKJOH GSPN BDRVJSJOH BEWBODFE DIJQT UIBU DPVME CPMTUFS JUT NJMJUBSZ DBQBCJMJUJFT 4VSHJOH EFNBOE GPS "* DIJQT IBT DBUBQVMUFE /WJEJB JOUP UIF SBOLT PG UIF XPSME T NPTU WBMVBCMF GJSNT XJUI B NBSLFU WBMVF FYDFFEJOH 64 USJMMJPO )PXFWFS UIF OFX SFTUSJDUJPOT NBZ DPNQMJDBUF JUT BCJMJUZ UP EFMJWFS UIF SPCVTU SFWFOVF HSPXUI UIBU JOWFTUPST FYQFDU i5IFTF SVMFT XJMM TJHOJGJDBOUMZ MJNJU /WJEJB T NBSLFU TJODF BT NVDI BT IBMG JUT DIJQT DVSSFOUMZ FOE VQ JO DPVOUSJFT UIBU XJMM CF PGG MJNJUT PODF UIF SVMFT BSF BQQMJFE u Ïá ÜÏÑßÖËÞÓÙØÝ ÖÓ×ÓÞ ÏâÚÙÜÞÝ ÞÙ ×ÙÝÞ ÍÙßØÞÜÓÏÝ ÏâÍÏÚÞ ÍÖÙÝÏ ËÖÖÓÏÝ %","3 $BOBEJBO GJSN #BSSJDL (PME TBJE JU XBT UFNQPSBSJMZ TVTQFOEJOH PQFSBUJPOT BU JUT -PVMP (PVOLPUP NJOF JO .BMJ BGUFS UIF KVOUB TFJ[FE HPME TUPDLT GSPN UIF TJUF BNJE B NPOUIT MPOH SFWFOVF EJTQVUF 5IF XFTU "GSJDBO TUBUF T NJMJUBSZ SVMFST IBWF TUFQQFE VQ QSFTTVSF PO GPSFJHO GJSNT BGUFS QSPNJTJOH B GBJSFS EJTUSJCVUJPO PG SFWFOVF GSPN UIF DPVOUSZ T MVDSBUJWF NJOJOH JOEVTUSZ #BSSJDL (PME BOE UIF .BMJBO TUBUF IBWF CFFO BU MPHHFSIFBET PWFS UIF VOEFSHSPVOE PQFO QJU -PVMP (PVOLPUP TJUF JO UIF DPVOUSZ T XFTU o POF

-PVMP (PVOLPUP NJOF XJUI .BMJ SFUBJOJOH UIF SFTU 5IF DPVOUSZ T NJMJUBSZ MFBEFST XIP TFJ[FE QPXFS JO B DPVQ IBWF CFFO CMPDLJOH TIJQNFOUT GSPN UIF TJUF GPS NPSF UIBO TFWFO XFFLT .BMJBO BVUIPSJUJFT TFOU B IFMJDPQUFS UP -PVMP (PVOLPUP PO 4BUVSEBZ UP NBLF UIF HPME TFJ[VSF B TFDVSJUZ TPVSDF UPME "'1 *U UPPL BXBZ NPSF UIBO UISFF UPOOFT B TPVSDF JO UIF NJOJOH JOEVTUSZ TBJE PO DPOEJUJPO PG BOPOZNJUZ o "'1 6OEFS UIF OFX SVMFT NBKPS DMPVE QSPWJEFST TVDI BT .JDSPTPGU "MQIBCFU PXOFE (PPHMF BOE "NB[PO DPN DBO BQQMZ GPS BQQSPWBM UP CZQBTT MJDFOTJOH SFRVJSFNFOUT GPS "* DIJQT BMMPXJOH UIFN UP FTUBCMJTI EBUB DFOUFST JO DPVOUSJFT BGGFDUFE CZ 64 DIJQ JNQPSU SFTUSJDUJPOT "T B SFTVMU UIFTF DPNQBOJFT BMSFBEZ FTUBCMJTIFE BT "* IFBWZXFJHIUT BSF MJLFMZ UP JODSFBTF UIFJS NBSLFU TIBSF BOBMZTUT TBJE i8F IBWF MPOH WJFXFE UIFTF DPNQBOJFT BT UIF HBUFLFFQFST PG "* BOZXBZ HJWFO UIFJS GJOBODJBM BCJMJUZ UP DPOUJOVBMMZ JOWFTU JO OFYU HFO MBSHF MBOHVBHF NPEFMT BOE NBTTJWF JOTUBMMFE CBTFT u TBJE $'3" 3FTFBSDI BOBMZTU "OHFMP ;JOP i5IF DPNQBOJFT UIBU IBWF BDDFTT UP UIF NPTU BEWBODFE DIJQT JO UIJT DBTF UIF CJH DMPVE QSPWJEFST XJMM IBWF BO BEWBOUBHF u 4UJMM UIFSF BSF VODFSUBJOUJFT TVSSPVOEJOH UIF OFX SVMFT CFDBVTF UIFZ BSF TFU UP UBLF FGGFDU EBZT GSPN QVCMJDBUJPO HJWJOH UIF JODPNJOH %POBME 5SVNQ BENJOJTUSBUJPO UJNF UP XFJHI JO 8IJMF UIF UXP BENJOJTUSBUJPOT TIBSF TJNJMBS WJFXT PO $IJOB T DPNQFUJUJWF UISFBU TFWFSBM BOBMZTUT CFMJFWF UIBU 1SFTJEFOU FMFDU 5SVNQ XPVME CF NPSF XJMMJOH UP OFHPUJBUF EFBMT XJUI JOEJWJEVBM DPNQBOJFT BOE DPVOUSJFT i)F 5SVNQ NJHIU UJOLFS XJUI UIF MJTU PG BMMJFT PO UIF FYFNQUJPO MJTU CVU PWFSBMM UIF NPWF JT JO TUFQ XJUI 5SVNQ T XBZ PG UIJOLJOH u $PBUTXPSUI TBJE m 3FVUFST

PG UIF XPSME T MBSHFTU HPME DPNQMFYFT i5IF DPNQBOZ SFNBJOT SFTUSJDUFE GSPN TIJQQJOH HPME GSPN UIF -PVMP (PVOLPUP NJOJOH DPNQMFY w #BSSJDL (PME TBJE JO B TUBUFNFOU 5IF DPNQBOZ TBJE UIBU .BMJBO BVUIPSJUJFT IBE BEEJUJPOBMMZ DBSSJFE PVU BO JOUFSJN BUUBDINFOU PSEFS CZ NPWJOH UIF FYJTUJOH HPME TUPDL PO TJUF UP B DVTUPEJBM CBOL i"T B SFTVMU #BSSJDL IBT SFHSFUUBCMZ JOJUJBUFE UIF UFNQPSBSZ TVTQFOTJPO PG PQFSBUJPOT XIJMF JU DPOUJOVFT UP XPSL UPXBSET B SFTPMVUJPO w 5IF $BOBEJBO GJSN PXOT PG UIF TBJE % " %BWJETPO BOBMZTU (JM -VSJB $PNQBOZ GJMJOHT TIPX UIBU /WJEJB HFUT BCPVU PG JUT SFWFOVF GSPN DVTUPNFST PVUTJEF UIF 64 XJUI $IJOB NBLJOH VQ BCPVU PG TBMFT 5IF FYQPSU DVSC iUISFBUFOT UP EFSBJM JOOPWBUJPO BOE FDPOPNJD HSPXUI XPSMEXJEFu BOE XPVME iVOEFSNJOF "NFSJDB T MFBEFSTIJQ u /WJEJB WJDF QSFTJEFOU PG HPWFSONFOU BGGBJST /FE 'JOLMF TBJE 'JOLMF BSHVFE "NFSJDB T MFBEJOH SPMF JO "* XPVME CF IVSU CFDBVTF UIF SVMF iXPVME JNQPTF CVSFBVDSBUJD DPOUSPM PWFS IPX "NFSJDB T MFBEJOH TFNJDPOEVDUPST DPNQVUFST TZTUFNT BOE FWFO TPGUXBSF BSF EFTJHOFE BOE NBSLFUFE HMPCBMMZu 5IF SVMFT XFSF BMTP DSJUJDJTFE CZ PUIFST JODMVEJOH UIF 4FNJDPOEVDUPS *OEVTUSZ "TTPDJBUJPO B MPCCZJOH HSPVQ XIJDI TBJE UIF NPWF XPVME GPSDF 64 GJSNT UP DFEF NBSLFU TIBSF UP SJWBMT i#Z MJNJUJOH BDDFTT UP MBSHF RVBOUJUJFT PG BEWBODFE QSPDFTTPST UIF 64 JT FGGFDUJWFMZ TIPXJOH UIF XPSME XIP T UIF CPTT )PXFWFS JO EPJOH TP JU BMTP UISFBUFOT UP DSJNQ UIF FBSOJOHT QPUFOUJBM GPS NBOZ "NFSJDBO GJSNT TVDI BT /WJEJBu TBJE %BO $PBUTXPSUI JOWFTUNFOU BOBMZTU BU "+ #FMM "OBMZTUT IBWF CFFO SBJTJOH FBSOJOHT FTUJNBUFT GPS /WJEJB PVUQBDJOH JUT TPBSJOH TIBSF QSJDF HSPXUI 5IF GPSXBSE QSJDF UP FBSOJOHT SBUJP JT OPX BCPVU DPNQBSFE UP IJHIT PG PWFS JO +VOF

jÌÌ©€² ¨j´ØÐ ¿É‰ÌjØ©¿ºÐ jØ 8j´© ¹©º‰ j’Ø‰Ì ¢¿´ Љ©ê‰

A visitor passing a Barrick Gold display during a convention in Toronto, Canada. – REUTERSPIC