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”.
TD Securities Head of Commodity Strategy, Bart Melek Monday predicted “gold will trade materially above the $1,500/oz mark sometime in the second half of 2011.”
“Despite recent strength and record prices, TDS analysis points to more upside for gold into 2011,” Melek advised.
