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Newcrest Mining says sees more gold price strength

Posted By admin On August 19, 2008 @ 3:25 am In Money Watch | Comments Disabled

Reuters [1]
Tuesday, Aug 19, 2008

Australian gold producer Newcrest Mining Ltd said on Tuesday it expected more gold price gains over the next year.”All the pre-conditions in the world are there for gold to make a substantial run in the next twelve months,” said Newcrest Managing Director Ian Smith in a media briefing following the group’s annual results.

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URLs in this post:

[1] Reuters: http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSYU00495720080819

[2] Marc Faber Sees No Bubble in Gold Price Run Up: http://www.prisonplanet.com/marc-faber-sees-no-bubble-in-gold-price-run-up.html

[3] Gold price ‘to hit $2,000 an ounce’: http://www.prisonplanet.com/gold-price-to-hit-2000-an-ounce.html

[4] Gold to scale new peaks as mining costs grow: http://www.prisonplanet.com/gold-to-scale-new-peaks-as-mining-costs-grow.html

[5] Gold up 2 percent on firm euro, oil: http://www.prisonplanet.com/gold-up-2-percent-on-firm-euro-oil.html

[6] Gold Price to reach record highs this year, says GFMS: http://www.prisonplanet.com/gold-price-to-reach-record-highs-this-year-says-gfms.html

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