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Interest in new bourses

Market futures are mixed with no stimulus result yet in the US, continuing COVID-19 woes and Q3 reports starting to flow.
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Zimbabwe is looking to launch a new stock exchange

Staff reporter

There were similar gains yesterday for gold miners spreading their wings on new bourses.

Australian gold major Newcrest Mining closed up 2.3% on its second day of trade in Toronto (TSX: NCM).

Likewise, Canada-based producer Yamana Gold closed up 2.1% on its second day of trade in London (LSE: AUY).

Elsewhere, Zimbabwe is reportedly drumming up interest for its new stock exchange, the Victoria Falls Stock Exchange (VFEX) which is set to trade solely in US dollars.

Rhyolite Resources (TSXV: RYE) was the standout performer on the TSX Venture Exchange, closing up 100% on news it was acquiring the Brothers gold project in Suriname.

The gold price has risen to within US10c of $1,900 an ounce on the spot market at the time of writing.

Finally, copper was up 0.3% on the London Metal Exchange as more strike action looms in Chile, with last ditch wage talks reportedly underway at Escondida this week.