In fact, nature of India-China trade relationship should be in such a manner that it shoul...
As a direct result, Barclays heard during meetings last week that banks in coastal areas h.. 
I would also like to give you some more names of companies operating in Europe and making .. 
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- Precious, base metals may trade lower on strong dollar, rise in risk aversion
- Crude oil prices are expected to trade on the positive note on the back of expectation of decline in US crude oil inventories from API along with ongoing unrest in Middle East.
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As per April 25 reports, Norilsk Nickel has announced that it is closing its Lake Johnston operat..
By Col. Ajay
As per financial astrology, transit OD Sun in Saturn house is ..
NEW YORK (Commodity Online): Gold would fall back to $1,000 an ounce any time soon, said Global Hunter Securities, LLC (GHS) in a research note.
According to GH Securities, the mining industry has seen rampant cost inflation over the last decade and further cost inflation is anticipated.
“When gold was $300-$400 an ounce in the 1990s, the average cost of mining was less than $300 an ounce, allowing gold to remain economically viable. In today's gold industry, the average all-in cost of exploration, financial analysis, construction, mining and refining is most likely at or above $1,000 per ounce,” the firm added.
“The rampant cost inflation across the industry has been for a variety of reasons, including: labor inflation, input cost inflation, higher construction costs, material price increases, etc. As a result, we continue to believe the floor for the price of gold in today's mining industry is in the $1,200-$1,400 per ounce range and that if gold were to decline toward these levels, there would be a significant slowdown in new gold mine construction and lower exploration expense by companies helping to support the gold price from a supply-side basis,” Global Hunter concluded.
