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Harmony to Mull Gold Price-Linked Dividend as Profit Surges
Oct. 31, 2011 10:24AM PST
Precious Metals Investing
Bloomberg reported that Harmony Gold (NYSE:HMY) may link its dividend payments to gold prices.
Bloomberg reported that Harmony Gold (NYSE:HMY) may link its dividend payments to gold prices.
As quoted in the market news:
That would follow a decision by Newmont Mining Corp., based in Greenwood Village, Colorado, in April to tie dividends to average sales prices. Gold for immediate delivery rose last month to a record $1,921 an ounce in London trading.
