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Red Mountain Mining Limited

Red Mountain Mining has established a project template and resource criteria for evaluating exploration projects with vast potential. Any project acquired is anticipated to add immediate shareholder value before applying modern exploration and/or mining knowhow to the project.

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ASX up 0.46% at noon as RBNZ keeps rates unchanged

12 Jul 2023 - The Reserve Bank of New Zealand has decided to keep interest rates unchanged at 5.50 percent, aligning with expectations from analysts. This decision reflects the central bank's belief in the necessity of maintaining a restrictive level of interest rates for the foreseeable future in order to achieve their inflation target range of 1-3 percent annually.

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