Gold price up over 1%, closing in on new record
Bullion is now 18% higher for the year, boosted by anticipation of Fed loosening as well as significant buying by central banks.
Miningweekly.com reports gold miner Great Basin Gold (GBG) was on track to achieving its planned increased rate of mining at the Burnstone mine for the remainder of this year and for 2012, CEO Ferdi Dippenaar said on Thursday.