After five lean years, gold miners gear up for growth

June 8, 2016

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For the first time in five years, Barrick Gold and other bullion miners are getting ready to expand, breaking from their monologue on cutting costs and debt because of tumbling gold prices. Backed by healthier balance sheets, a 17% rise in the price of gold since January to $1 244 an ounce and new investors, miners from Canada to Australia and South Africa are studying ways to raise production.

Category: General