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

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