Relatively high gold prices during 2012 compelled companies to start mining more aggressively in the challenging terrain of the Guerrero Gold Belt (GGB), an emerging gold mining district in Mexico.
Despite the recent drops in gold prices, David Rosenberg, the chief economist and strategist at Gluskin Sheff and former Chief North American Economist at Bank of America Merrill Lynch, is bullish about the precious metal.
The Canadian miner that is bringing in hundreds of miners from China to work on a northern B.C. coal operation is refusing to release its files on the temporary work permits it obtained from the federal government.
Shares in Canada’s Teck Resources (TSX:TCK.B) (NYSE:TCK) climbed slightly Friday after the company announced that coal sales for the fourth quarter are expected to top its prior outlook of 6.2 million tonnes.