Horizon Minerals has acquired the Gordons gold project in Western Australia for $2.81 million, funded through cash and shares, enhancing its exploration capabilities near the Black Swan processing facility. This strategic move positions Horizon to capitalize on the region’s gold potential, aiming for a five-year mine plan while leveraging nearby resources for efficient production.
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Dimitri Burshtein & Peter Swan: If RBA slashes rates this month, it will be giving in to political pressure
The case for an RBA interest rate cut is weak, as inflation remains within target, and a rate cut would further distort economic allocation and penalize savers while rewarding inefficiency. Calls for easing are driven by flawed economic models and political convenience, risking further currency depreciation and undermining the RBA's commitment to price stability. Want More Context? 🔎
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