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Gold to Rise in 2013, Gold Miners Ready to Invest Money to Grow: PWC
Dec. 21, 2012 06:56AM PST
Precious Metals Investing
Mining Weekly reported that according to a new report from PWC, gold is expected to rise in 2013, which is spurring gold miners to sink more money into exploration and M & A.
Mining Weekly reported that according to a new report from PWC, gold is expected to rise in 2013, which is spurring gold miners to sink more money into exploration and M & A.
As quoted in the market report:
The ‘2013 global gold price report’ found more than 80% of gold executives expect to see a rise in the price of gold, and an analysis of the 46 largest TSX- listed gold mining companies pointed to more than 20 of these gold companies having cash reserves greater than $500-million.
