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Red River Resources Limited extends Glencore relationship by securing Hillgrove offtake deal


Red River Resources extends Glencore relationship by securing Hillgrove offtake deal
This arrangement will see Red River sell 100% of gold concentrate produced at Hillgrove to Glencore, which is also the company’s copper offtake partner at the Thalanga operations.
Loading of the first truck with gold concentrate at the Hillgrove mine in northern NSW.
Red River Resources Limited (ASX:RVR) (FRA:R1R) has received a further boost at the restarted Hillgrove Gold Mine in northern NSW by signing an offtake agreement with leading global commodity producer and trader Glencore International AG.
This agreement covers gold concentrate produced from Hillgrove’s Bakers Creek stockpile and extends a positive relationship the company has established with Glencore PLC (LON:GLEN). ....

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S&P/ASX 200 gains 0.51% after S&P 500 and Nasdaq hit record highs


S&P/ASX 200 gains 0.51% after S&P 500 and Nasdaq hit record highs
Companies
S&P/ASX 200 gains 0.51% after S&P 500 and Nasdaq hit record highs
The brent crude oil price reversed losses on Thursday to settle at US$75.56, holding close to its highest in almost three years.
Spot gold was flat at US$1,773.52 per ounce on Friday. Prices have risen 0.6% so far this week.
S&P/ASX 200 (INDEXASX:XJO) has gained 0.51% to 7,312 points by 1 pm after two straight days of losses, as both the S&P 500 and Nasdaq hit record highs on Thursday.
U.S. President Joe Biden said on Thursday that the White House had reached an infrastructure deal after meeting with a bipartisan group of senators. ....

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