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Majors loving new world

The world’s major mining companies have shaken off any hangovers they might have suffered from the shock decision by Britain to exit the EU, with the top 10 companies putting on an unweighted average gain of 7.3% over the past seven days.

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Vale enjoyed stronger prices for its products and gained 14% for the week

One would have expected gold companies to be leading the charge and, while Barrick Gold was up 10% and Newmont Mining was up 8.

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