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S&P/ASX 200 slips as investors fear a COVID-19 resurgence

S&P/ASX 200 slips as investors fear a COVID-19 resurgence Brent crude gained 0.6% to US$69.00 a barrel on Tuesday after slumping around 7% in the previous session. Dow Jones index in the US tumbled 700 points on Monday for its worst drop since October. S&P/ASX 200 (INDEXASX:XJO) has slipped for a second day, with the index easing by 0.12% to 7,277 points by about 1.15 pm. This follows a significant 1.6% tumble for the S&P500 overnight on Wall Street as the spread of the COVID-19 Delta strain and lockdown uncertainty continues to keep markets on edge. Oil price tumbles Locally, energy stocks were the hardest hit following ~7.5% in oil prices overnight as COVID-19 infections surged and OPEC+ agreed to gradually ramp up oil production through to September 2022.

Proactive Investors China - The web s leading portal for China stocks - West Wits Mining up 31% following milestone mining right grant for Witwatersrand Basin project

2021-07-20 by Proactive Australia West Wits Mining Limited (ASX:WWI) has secured a crucial approval, establishing its right to mine at the Witwatersrand Basin Gold Project in South Africa. The country s Department of Mineral Resources and Energy (DMRE) granted West Wits mining right application, with director general Adv Thabo Mokoena confirming the key approval. Ultimately, the mining right brings the ASX-lister a step closer to producer status and operating in South Africa s Central Rand Goldfields, a region famous for hosting the world s largest-known gold reserves. At Witwatersrand, West Wits hopes to produce more than 60,000 gold ounces every year across the project s 15-year mine life.

West Wits Mining Limited adds 149,000 gold ounces to Witwatersrand Basin Project s resource estimate

West Wits Mining Limited adds 149,000 gold ounces to Witwatersrand Basin Project s resource estimate
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

S&P/ASX 200 slips as new COVID-19 cases in New South Wales continue to rise

S&P/ASX 200 slips as new COVID-19 cases in New South Wales continue to rise
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

S&P/ASX 200 rises for a second day following a positive lead from Wall Street

S&P/ASX 200 rises for a second day following a positive lead from Wall Street
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

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