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Canada TSX Rises on Mining Gains

Canada main stock index advanced as mining stocks tracked higher precious metal prices. The Federal Reserve reaffirmed its focus on fighting inflation to lift broader risk appetite.

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A man walks past an old Toronto Stock Exchange (TSX) sign in Toronto, June 23, 2014. Canada's main stock index was little changed on Monday as weakness in financial and energy shares offset gains in the materials sector. REUTERS/Mark Blinch (CANADA - Tags: BUSINESS)

Canada's main stock index rose 0.9% on Thursday morning, driven by a surge in mining shares as precious metal prices climbed. The broader rally followed the United States Federal Reserve's reaffirmation of its commitment to curbing inflation.

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