Miners feel the heat as gold price slumps

Miners feel the heat as gold price slumps

The decline in international gold prices in the first quarter of 2013, combined with the high cost of operations, is leading companies to review their work plans and cut operating costs, says Daniel Owiredu, President of the Ghana Chamber of Mines …
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Platinum 'Supply Squeeze' Likely To Lead to Record Prices

by Mark O'Byrne | GoldCore Gold Bullion … Platinum, which has been influenced by swings in the price of gold since April this year, hit a six-week high of $1,531 earlier this month following the “highly successful” launch of a new physically backed ETF.
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Gold falls to lowest spot in a month

Since then, gold prices have been on a roller coaster – roaring up to $US1,900 on speculation that the Fed would launch its third bond-purchasing effort and plunging back to current levels on fears that these supportive efforts would end sooner than …
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