17.02.2012 - Despite high bullion prices, gold miners face tough go

Over the last two days investors have been given more reminders that gold mining is a tough business and that many things can go wrong. Four of Canada's largest gold miners reported fourth-quarter earnings, and the results were all over the map. One (Goldcorp Inc.) was excellent, one (Barrick Gold Corp.) trailed expectations, and two (Kinross Gold Corp. and Agnico-Eagle Mines Ltd.) were marred by massive writedowns..............................................Full Article: Source

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