Canadian Miners See Higher Prices


"Bullish miners predict $1,700/oz. gold by year-end."

Mining Weekly, Liezel Hill

The gold price, which topped $1 1600/oz. for the first time this month and set another new record on Wednesday, will continue to rise as investors seek out the metal as a haven from risk and central banks increase their buying, top Canadian bullion producers said on Thursday.

"I'm very bullish, I wouldn't be surprised if we got to $1 700/oz. by the end of the year," Goldcorp CEO Chuck Jeannes said in an interview. . .View full article

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