Gold rises as Middle East tensions boil: Mining Minute October 16

The prices of safe-haven commodities have been steadily rising on the back of growing tensions between Israel and Palestine over the past week, with gold once more reaching above US$1,920 an ounce. Meanwhile, Polymetals Resources (ASX:POL) has flagged ‘robust’ potential financial returns from its Endeavor Mine as a Restart Study highlights free cashflow of $323 million over a 10-year mine life.

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