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Page 4 - ஐவெந்ஹோ சுரங்கங்கள் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rising crude oil prices power TSX to new record high, while U S stock markets fall

Rising crude oil prices power TSX to new record high, while U S stock markets fall
newsoptimist.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsoptimist.ca Daily Mail and Mail on Sunday newspapers.

Zijin and CITIC Metal sign offtake agreements for Kamoa-Kakula mine

The mine is estimated to produce nearly 200,000 tonnes of copper per year in the first phase Samples of Kamoa Copper’s copper concentrate being collected before it is shipped to the Lualaba Copper Smelter. (Credit: Ivanhoe Mines Ltd.) CITIC Metal (HK) and a subsidiary of Zijin have signed offshore agreements with Kamoa Copper for the Kamoa-Kakula mine in the Democratic Republic of Congo (DRC). The companies have signed copper concentrate and blister copper off-take agreements for 100% of Kamoa-Kakula’s phase 1 copper output. The mine, which started producing copper concentrate in May, is estimated to produce nearly 200,000 tonnes of copper per year in the first phase.

CANADA STOCKS-TSX scales record high as energy, gold stocks gain

CANADA STOCKS-TSX scales record high as energy, gold stocks gain Reuters 1 hr ago Popular Searches The energy sector climbed 1.1% as U.S. crude rose 1.2%, while Brent crude added 1.1%. The materials sector, which includes precious and base metals miners and fertilizer companies, added 1.4% as gold futures rose 0.6% to $1,883.2 an ounce. At 09:37 a.m. ET (13:37 GMT), the Toronto Stock Exchange s S&P/TSX composite index was up 82.52 points, or 0.41%, at 20,023.91. Canada lost 68,000 jobs in May, more than the average analyst prediction for a loss of 20,000. The unemployment rate climbed to 8.2%, Statistics Canada data showed. A year into the pandemic, Canada s national statistics agency is updating how it measures inflation, using new types of data for the first time on bets that lockdown spending shifts will prevail.

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