Fed tests gold upleg
Gold’s outlook and fundamentals remain really bullish.
Thirteen miners were trapped after a rock fall in a gold mine in Russia’s Amur region, Russia’s Ministry of Emergency Situations said on Tuesday.
“Communications are being restored and mechanized clearing of the transport slope is being carried out,” the ministry said on the Telegram messaging app.
The accident occurred at the Pioneer mine, one of the largest gold mines in Russia based on processing capacity, Russian media reported. The mine is located in the Eastern Siberia Amur region that borders China to the south.
The mine is owned by sanctions-hit Russian copper and gold producer UMMC.
(By Lidia Kelly; Editing by Lincoln Feast)
Comments