Argentina’s New Policies Cause Concern for Canadian Miners
Globe and Mail reported that new economic policies in Argentina could make it more difficult for gold and silver mining operations more to succeed.
Globe and Mail reported that new economic policies in Argentina could make it more difficult for gold and silver mining operations more to succeed.
Reuters reported that gold miners were leading a recovery in the TSX.
Reuters reported that gold companies are looking to offer better valuations to attract investors away from bullion and towards the miners themselves.
It has been a volatile week for gold prices, most heavily influenced on Wednesday after United States Federal Reserve Chairman Ben Bernanke gave no hints that a third round of quantitative easing was expected in the immediate future.
Gold miners may be set for another year of strong earnings but with them, there will be challenges.
Reuters reported that gold miners are forecasting that gold prices will increase up to $2000 this year.
Forbes reported that investors are bullish on gold miners like Aurizon (AMEX:AZK), seeing them as cheap investments.
Bloomberg reported that Seabridge Gold's (TSX:SEA) CEO sees the company worth more than a 30-40% premium.
Forbes reported that gold miners are seeing the upside of higher gold prices and enjoying bigger margins in third quarter.
Bloomberg reported that Iamgold (NYSE:IAG) is seeking to acquire additional gold assets in the Americas.
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