Gold to Rise in 2013, Gold Miners Ready to Invest Money to Grow: PWC

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.

To view the whole Mining Weekly report, click here.