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.
Centerra Gold Inc. announced today that the mill at the Kumtor mine resumed operation on September 18, 2012 following a planned seven-week shutdown.
Ore processing was suspended on July 23, 2012 following depletion of the low-grade surface stockpile material, as outlined in the March 2012 revised mine plan.
The Company is now mining ore from the southwest portion of the central pit as per the schedule of the March2012 revised mine plan, and expects to produce between 260,000 and 270,000 ounces of gold in the fourth quarter of 2012.
Source (English): Centerra Gold
