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S&P/ASX 200 gains 0.51% after S&P 500 and Nasdaq hit record highs


S&P/ASX 200 gains 0.51% after S&P 500 and Nasdaq hit record highs
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S&P/ASX 200 gains 0.51% after S&P 500 and Nasdaq hit record highs
The brent crude oil price reversed losses on Thursday to settle at US$75.56, holding close to its highest in almost three years.
Spot gold was flat at US$1,773.52 per ounce on Friday. Prices have risen 0.6% so far this week.
S&P/ASX 200 (INDEXASX:XJO) has gained 0.51% to 7,312 points by 1 pm after two straight days of losses, as both the S&P 500 and Nasdaq hit record highs on Thursday.
U.S. President Joe Biden said on Thursday that the White House had reached an infrastructure deal after meeting with a bipartisan group of senators. ....

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Focus Minerals Ltd lifts CNX resource at Coolgardie Gold Project by 30% to 159,000 ounces


Focus Minerals lifts CNX resource at Coolgardie Gold Project by 30% to 159,000 ounces
Following June 2021 quarter drilling programs there has been a 66% conversion of the December 2020 resource to the indicated status.
CNX deposit is immediately northwest along strike to the Three Mile Hill open-cut mine.
Focus Minerals Ltd (ASX:FML) has released a mineral resource upgrade for CNX deposit of the Coolgardie Gold Project in WA with the open pit resource increasing 30% to 159,000 ounces.
The increase was achieved on the back of successful drilling campaigns, which also highlighted that this shallow gold deposit remains open at depth and along strike.
Importantly, there has been a 66% conversion of the December 2020 CNX resource to the indicated status following June 2021 quarter drilling programs. ....

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