“Investment bankers see gold-mining deals rebounding this year from a near-decade low as producers target assets at fire-sale prices after the metal plunged. Gold-mining companies are close to their cheapest relative to book value in at least two decades, according to data compiled by Bloomberg. Meanwhile producers will be enticed to replace some of the output lost when they sold or curtailed less-profitable mines, said Barclays Plc’s Paul Knight. The Standard & Poor’s/TSX Global Gold Sector Index lost almost half its value last year as the metal fell the most in more than three decades.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Termites Feast On Woman's Life Savings
Genetically modified salmon not harmful, FDA says
U.S. FATCA tax law catches unsuspecting Canadians in its crosshairs
Overseas adoptions rise -- for black American children
Overstock CEO: 'I don't own bitcoin, but I'm a fan'
Solar energy plants in tortoises' desert habitat pit green against green
Afghans reject US-favored administrative detention
Term limits for Congressional ethics investigators removed
'Ragtime': NSA's Secret Domestic Intelligence Program Revealed
Guantánamo commander admits listening devices eavesdropped on lawyer meetings with clients
Federal Reserve confirms its computers were hacked
Bio-engineered kidney offers new hope to patients suffering renal failure
The Bacteria Babies Need
Mayor Bloomberg blames Virginia for many of New York’s gun crimes
Fed Prez Spills the Beans on the Excess Reserve Inflation Time Bomb