Mining costs, which constituted the industry’s biggest headache up until a year ago, are now a bright spot for a sector more concerned with volatile demand and tight financing markets. The shift in costs follows several years of rampant inflation in the mining sector, which had kept gold miners from realizing the benefits of soaring [...]
Articles Tagged "cost"
Morgan Stanley said that prices of gold may climb above $1,000 an ounce in 2011 as global mine output drops, mining costs rise and demand increases. For full story, click here