Mining Shares Surge
Source: Reuters, Euan Rocha and Julie Gordon (8/19/11)
"Shares of North American gold miners were among the biggest gainers on Friday morning."
Shares of North American gold miners were among the biggest gainers on Friday morning, as the price of gold rose to a record of $1,877 an ounce on growing concerns over slowing economic growth and sovereign debt.
The ARCA Gold Bugs Index .HUI, whose components include some of the world's largest producers, rose more than 3% on Friday. . .View full article