In response to a rumor that President Donald Trump was considering a pause in tariffs, markets briefly surged before the White House debunked the unfounded reports, causing the Dow Jones Industrial Average to fluctuate wildly. The confusion stemmed from a misinterpretation of comments made by Kevin Hassett, director of the White House National Economic Council, leading to a temporary surge in the market and subsequent plunge. The White House quickly dismissed the rumor as “fake news” after a brief period of uncertainty, reflecting the jittery mood on Wall Street surrounding Trump’s tariffs and their potential impact on the global economy.
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Horizon kicks off study to pump WA gold into Kalgoorlie mill
Horizon Minerals has awarded GR Engineering with the scope to complete engineering studies on the mothballed Black Swan processing facility to revive it as a gold plant, following a recent merger with Poseidon Nickel. The study will outline refurbishment plans to potentially deliver a 100,000-ounce-a-year gold operation, with estimates of capital and operating costs to revive the plant amidst record-setting gold prices. Horizon has also been toll treating ore from its key gold deposits to...
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