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Gold prices to stay ‘strong for some time’, Australia’s St. Barbara says

Posted on 21 November 2011

St. Barbara Ltd., an Australian gold producer, said it is focused on reducing costs amid forecasts for the price of the metal to “remain strong.”
“I think the price, and the consensus seems to be that the price, is going to remain strong for some time,” St. Barbara Chief Executive Officer Tim Lehany said in an interview on the Australian Broadcasting Corp.’s “Inside Business” program today. “There will be a lot of short-term volatility.”……………………………………….Full Article: Source


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