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Eurozone inflation tops ECB target for first time since 2018
By Martin Arnold
Financial Times, London
Tuesday, June 1, 2021
Eurozone inflation rose to 2 percent in May, the first time the rate has surpassed the European Central Bank's target in more than two years, complicating policymakers’ decision next week on whether to maintain its ultra-loose monetary policy.
... Dispatch continues below ...
Asante Gold Acquires Key Exploration Land
on Ashanti and Asankrangwa Gold Belts in Ghana
Company Announcement
via Globe Newswire, Omaha, Nebraska
Friday, May 28, 2021
VANCOUVER, British Columbia, Canada -- Asante Gold Corp. (CSE: ASE / Frankfurt: 1A9 / U.S. OTC: ASGOF) reports that it has received notice from the Minerals Commission of Ghana that eight highly prospective concessions covering approximately 314 square kilometers have been recommended for transfer to Asante.
These licenses are comprised of the Diaso (104.1 km2), Juabo (59.2 km2), Manhia (18.69 km2), Dunkwa Gyimigya (32.72 km2), Gyimigya (5.52 km2), Agyaka Manso (40.0 km2), Amuabaka (28.86 km2), and Nkronua-Atifi (24.97 km2) prospecting licenses. All licenses are being acquired as issued by the Minerals Commission from Goknet Mining Co. Ltd. pursuant to the terms of agreement with Goknet dated December 28, 2016.
The concessions were variously explored by Canadian exploration juniors Nevsun Resources, Tri-Star Gold, and Golden Rule Resources in the late 1990s and most recently by PMI Gold Corp. (now Galiano Gold) from 2002 through August 2014, when rights to the land were acquired by Goknet. ...
... For the remainder of the announcement:
https://www.globenewswire.com/
The jump from 1.6 percent in April followed an even sharper acceleration of consumer price growth in the United States, which recently hit 4.2 percent. The eurozone’s increase is likely to fuel investors' anxiety that central banks will bring forward the winding down of the vast monetary stimulus they launched last year in response to the coronavirus pandemic.
The ECB's governing council will meet next week to decide whether to adjust its monetary policy -- including its recently accelerated pace of bond buying -- in response to signs that economic activity and prices are rising as Covid-19 lockdown measures are eased. ...
... For the remainder of the report:
https://www.ft.com/content/1b075b3a-f307-44e0-b3a4-b1f3f267bea7
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