GreenTech Metals reported promising results from its diamond drill program at the Whundo copper-zinc project near Karratha, achieving significant intercepts such as 7.14m at 1.46% copper and 1.23% zinc from the Austin conductor and 9.94m at 1.32% copper from the Shelby conductor. The drilling program, which faced delays due to weather, aims to explore mineralised extensions along the Whundo trend and assess potential resource expansion, with plans for a second stage focusing on continuity between the Austin and Shelby shoots. Additionally, elevated gallium levels were identified, prompting further evaluation of critical metals alongside ongoing assessments of copper production opportunities.
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RBA’s hold keeps consumer sentiment recovery in check
Last week, the Reserve Bank of Australia surprised markets by holding interest rates steady at 3.85%, which dampened consumer sentiment, causing the Westpac-Melbourne Institute index to rise only 0.6% to 93.1 in July. Despite a positive outlook for family finances and a slight increase in economic confidence, consumers remain cautious and uncertain about the future direction of the economy. Explain It To Me Like I'm 5: Australian consumers feel mixed emotions after the Reserve Bank...
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