24.10.2013 - Gold miners are burning cash at current levels
At the end of September, Citigroup put out a research report for the gold and silver mining sector, and if you're an investor in the space it does not make for good reading. The report concentrates on the rising costs but falling revenues of the mining industry and sets out how this is going to/has already affected many gold miners. We all have our own opinions, that's what makes us Foolish; nonetheless it is helpful to know what the big players in the industry think about certain matters, and information within this report could be helpful...............................................Full Article: Source
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