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Twenty Seven Co to kick off maiden Yarbu gold exploration with auger drilling The company believes the project has the potential to host multiple structural gold targets and the auger drilling will provide a low-cost and highly effective means to test several encouraging areas. Gyro Australia’s Landcruiser mounted auger drilling rig will maintain low impact disturbance (photo Gyro Australia). Twenty Seven Co Ltd (ASX:TSC) (FRA:U9V) is set to start auger drilling at the 100%-owned Yarbu Gold Project, around 160 kilometres northeast of Southern Cross and about 90 kilometres northw...

FTSE 100 closes firmly lower as inflation fears pummel markets The UK blue chip index closed down 175 points, or 2.47%, at 6,947 on the day. FTSE 100 loses 2.47% Antofagasta edges higher FTSE 100 closed sharply in the red on Friday as inflation fears spooked global markets. The UK's top share index finished over 175 points lower, or 2.47%, at 6,947. The midcap FTSE 250 also went lower,  plunging over 530 points, at 22,167. On Wall Street, the Dow Jones Industrial Average lost over 454 points at 34,288. The S&P 500 shed over 42 points, at 4,145. The Nasdaq shed around 65 at 13,336. "Inflation...

FTSE 100 closes firmly lower as inflation fears pummel markets The UK blue chip index closed down 175 points, or 2.47%, at 6,947 on the day. FTSE 100 loses 2.47% Antofagasta edges higher FTSE 100 closed sharply in the red on Friday as inflation fears spooked global markets. The UK's top share index finished over 175 points lower, or 2.47%, at 6,947. The midcap FTSE 250 also went lower,  plunging over 530 points, at 22,167. On Wall Street, the Dow Jones Industrial Average lost over 454 points at 34,288. The S&P 500 shed over 42 points, at 4,145. The Nasdaq shed around 65 at 13,336. "Inflation...

S&P/ASX 200 falls 1.11% after highest ever close of 7172.8 on Monday Gold was trading at US$1,836.89 per ounce, near its three-month high as last week’s miss on the U.S. jobs growth numbers weighed on the dollar. US nonfarm payrolls data on Friday showed jobs growth unexpectedly slowed in April. S&P/ASX 200 (INDEXASX:XJO) has slipped 1.11% to 7,093.5 with most sectors in negative territory ahead of tonight’s Federal Budget. This follows a gain of 1.3% on Monday with the index reaching its highest ever close of 7172.8 points. The price of iron ore has hit a record high for a se...

FTSE 100 closes firmly lower as inflation fears pummel markets The UK blue chip index closed down 175 points, or 2.47%, at 6,947 on the day. FTSE 100 loses 2.47% Antofagasta edges higher FTSE 100 closed sharply in the red on Friday as inflation fears spooked global markets. The UK's top share index finished over 175 points lower, or 2.47%, at 6,947. The midcap FTSE 250 also went lower,  plunging over 530 points, at 22,167. On Wall Street, the Dow Jones Industrial Average lost over 454 points at 34,288. The S&P 500 shed over 42 points, at 4,145. The Nasdaq shed around 65 at 13,336. "Inflation...