Gold-bull breakout potential

Centerra Gold was up 4.38% to $5.01

Gold is no longer "the favourite asset to short or ignore completely".

A drop in jobless claims showing the downtrend in US unemployment remains intact pushed gold as low as $1,307 before inflation figures and weak manufacturing data prompted a recovery.

And why did Forbes rank Geology as the 7th most valuable college major?

Net proceeds to fund growth projects

Posted a net loss of $832 million for 2013, $2.21 per share, compared with earnings of $335 million in 2012.

Despite quarterly loss of $584m, the $8.5 billion share is up 23.5% year to date and enjoys a higher valuation than gold miners producing millions of ounces more per year.

Share price drops 4.5%.

Government official tells the Wall Street Journal gold import duty would be cut to between 6% and 8% from the current 10% before the end of February.