12.03.2009 - Newmont CEO sees gold in range to $1,200
From Commodityonline.com: The chief executive of Newmont Mining Corp, the world's second largest gold producer, told Reuters on Wednesday he expected the company's Boddington Mine in Australia to add production at a rate of a million ounces per year some time next year. Richard O'Brien, Newmont's CEO, also told the Reuters Global Mining and Steel Summit in New York that he forecast gold will trade in a range between $900 and $1,200 per ounce over the next few years, supported by lower industry output and inflation concerns..... Full Article: Source
Print