Recently big names in the gold mining sector united their voices to defend the wounded industry. The Gold Industry Group is now a result of the sector preoccupation about Government’s financial interests and future decisions. In the meanwhile, low prices keep hurting the sector but the precious metal is starting to recover.
Tag Archives: australian gold mining
Minor Players in the Gold Mining Sector Now Represent Hope
Despite the near disaster occurring in several markets to the present moment, along with all the panic among gold investors, there is still great news. This well appreciated good news has been born from the bad financial situation itself. Giants in the mining industry are suffering and making entire armies of investors flee. They are in debt and selling plenty of assets, like mines and associated operations.
The Mining Industry is wounded
All the markets around the world are in expectation because the severe problems in the European continent. Many indexes were truly hurt in the last couple of days. Specialised media has talked about all the ups and downs in the equity markets but the commodities are being ignored quite a bit.
