Mali frees Resolute executives after $160 million deal, AFP reports
The three executives, including CEO Terry Holohan, were freed from detention on Wednesday.
Gold prices dived Tuesday to 1,684/oz at 12:15 ET as fiscal cliff talks continued ahead of the holiday week. The dip represented the lowest price reached by the precious metal in the last three and a half months.
With only 14 days until the end of 2012, analysts believe trading could be slowing for the precious metal from now into the New Year.
Gold mining stocks were mostly lower on Tuesday. Shares of Yamana Gold (TSX:YRI, NYSE:AUY) were shedding 2.4%, while big players such as Barrick Gold (TSX, NYSE:ABX) was losing 1.3%, and Kinross Gold (TSX:K, NYSE:KGC) was down 1.2%.
Comments
ed
good call!