Current Live World Spot Prices
Last update: Sat 20th April 2024 07:00 (Melbourne)
Gold: $3,727.93 AUD     $2,392.40 USD Silver: $44.71 AUD     $28.69 USD

Tag Archives: gold mining australia

Minor Players in the Gold Mining Sector Now Represent Hope

Despite the near disaster occurring in several markets to the present moment, along with all the panic among gold investors, there is still great news. This well appreciated good news has been born from the bad financial situation itself. Giants in the mining industry are suffering and making entire armies of investors flee. They are in debt and selling plenty of assets, like mines and associated operations.

The Mining Industry is wounded

All the markets around the world are in expectation because the severe problems in the European continent. Many indexes were truly hurt in the last couple of days. Specialised media has talked about all the ups and downs in the equity markets but the commodities are being ignored quite a bit.