Wednesday, 24 June 2026
Markets and geopolitics shared the spotlight today as Washington tightened its economic grip on old adversaries while miners touted stronger prospects in Latin America. The U.S. unveiled new sanctions on five Cuban state-linked entities, a move expected to further chill investment as Cuba’s economic crisis deepens. At the same time, President Trump said Iranian funds released under sanctions-related arrangements would remain in U.S.-controlled escrow, usable only for American food and medical supplies, underscoring how even limited relief comes with strict strings attached. In the commodities space, Aguia Resources reported lower costs and richer ore grades at its Colombian gold project, while Rio2 said a resource and reserve upgrade at Peru’s Condestable copper mine extends its life to 14 years and supports a US$710 million after-tax valuation. Separately, court proceedings involving Bondi attack hero Ahmed Al Ahmed drew attention beyond the business agenda.
Recap for Wednesday, 24 June 2026
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