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Industry News by Mineweb

About 800,000 tonnes copper concentrate could get permission to leave the country later this year.
African Barrick has achieved a seventh successive quarterly fall in AISC and has improved its guidance on both gold output and costs after another positive quarter’s financial and operating results.
Julian Phillips of the Gold Forecaster notes that while demand in the West is still weak, Asian buying of physical gold is pushing up premiums.
Traditional gold buying is getting some competition from equities in India, where the economy appears to be on more solid footing than last year.
With gold under $1,300 eyes are on Asia, especially, for movement back into the market.


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