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 fears have hurt market sentiment today, as European markets maintained the pessimistic tone established in the US yesterday, said Joshua Mahony, senior market analyst at IG.
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 fears have hurt market sentiment today, as European markets maintained the pessimistic tone established in the US yesterday, said Joshua Mahony, senior market analyst at IG.
Maximus Resources begins gold resource estimate for remnant ore at Wattle Dam
The Wattle Dam resource evaluation forms part of Maximus’ near-term strategy aimed at building value by increasing gold resources across the greater Wattle Dam area. Annotated core photo from hole WDUD0175 with an enlargement of significant coarse gold in drill-core.
Maximus Resources Ltd (ASX:MXR) has started preparing a gold resource estimate for remnant ore at the historic Wattle Dam Gold Mine within the Wattle Dam Project near Kambalda in Western Australia.
The high-grade Wattle Dam was mined by Ramelius Resources (ASX:RMS) from 2006 to 2012, producing 262,000 ounces from ore grading 10.9 g/t gold through a shallow open pit and underground mining operation.
Maximus Resources kicks off resource estimate for remnant mineralisation at Wattle Dam
Maximus Resources Ltd s (ASX:MXR) Tim Wither tells Proactive s Andrew Scott they ve commenced a mineral resource estimate for remnant mineralisation at the Wattle Dam Gold Mine in Western Australia. The high-grade Wattle Dam was mined by Ramelius Resources (ASX:RMS) from 2006 to 2012, producing 262,000 ounces from ore grading 10.9 g/t Au via a shallow open pit and underground mining operation.
Quick facts: Maximus Resources Ltd
Price: 0.092 AUD