Many bullish analysts point to plenty of support for higher prices coming from safe-haven concerns. It’s these concerns, rather than pure supply/demand fundamentals, that have brought prices 13 percent higher in 2010, which gives many an eternal pessimist reason to warn the gold market may be experiencing a bubble waiting to burst.
New Gold reports its completion with Metallica Resources and Peak Gold in US$1.6 billion business combination. “Tremendous work has gone into completing the business combination between New Gold, Peak Gold and Metallica over the past three months. Robert Gallagher, President and Chief Executive Officer of New Gold concludes: “Management is excited at the prospects for this [...]
OTTAWA, (Reuters) – Shareholders of New Gold Inc (NGD.TO), Metallica Resources Inc (MR.TO) and Peak Gold Ltd (PIK.V) have approved a three-way combination..Full Story.
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