AME Roundup: Newmont eyes expansion in copper-rich British Columbia
World’s biggest gold miner aims to build multi decade presence in Canadian province anchored by “sustainable and responsible mining practices”.
Gold prices hit a record $1,578.50 an ounce on Wednesday as concerns over the euro zone debt crisis deepened, and after minutes to the Federal Reserve’s June meeting suggested some members were pondering the possible need for additional easing.
Spot gold was bid at $1,572.99 an ounce at 1:03 p.m.