Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
FLSmidth has won a contract worth $49 million from Detour Gold for the supply of equipment for its Detour Lake gold plant in northeast Ontario. The order includes two SAG mills, two ball mills and one gyratory crusher to be delivered over the course of this year and 2011. The open-pit plant will have a capacity of 55,000 t/d. (more…)