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Global gold mine reserve additions stymied by high oil and equipment delays

Clipped to the Drawing Board by Pat Sheen  
High oil prices may spell the death knell for major new additions to global gold reserves , according to one of Australia's foremost equities analysts. Addressing the 2008 Paydirt Gold Conference in Perth, Western Australia, earlier this year, corporate analyst and equities market author, Peter Strachan, said oil-reliance could hamper future growth in gold production volumes.
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Powered by JoomlaCommentCopyright (C) 2006 Frantisek Hliva. All rights reserved.Homepage: http://cavo.co.nr/

Tuesday 17 June, 2008 02:46 PM
 
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