Gold steadies as traders weigh outlook for Fed rate cuts
Bullion traded near $2,626 an ounce in thin trading after closing 1.1% higher on Friday.
Newcrest said in a brief announcement today that it has suspended operations at the Bonikro gold mine “as a precautionary measure” and evacuated expatriates to neighbouring Ghana.
This is not the first time Bonikro has had to be closed – a mine gained late last year with the takeover of Lihir Gold with its much larger prize of the Lihir Island gold project in Papua New Ginea.
