South America Seeing an Explosion in Mining Activity

NOTE TO EDITORS: The Following Is a News Alert Issued by Century Capital Research

(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 06/28/12 -- A BBC News article titled "South America Sees New Gold Rush" states, "Since the start of the global economic crisis in 2008, gold has risen in price by 100%, and in South America production of this precious metal is booming," and "The new gold rush in South America has attracted regional and international mining companies. With the latest technology and huge investment, they are reopening mines abandoned long ago." Mining companies that are active in South America are Newmont Mining (NEM), Andean American Gold (AAG), and The Graystone Company (PINKSHEETS: GYST).

Despite the recent drop in prices, some banks remain certain that bullion will soar once again. The Royal Bank of Scotland told Bloomberg News (via the Globe and Mail) Friday that gold will climb to $1,800 by the fourth quarter. This will be good for gold producers globally, but especially for emerging and still developing mining countries like Peru, Colombia and Brazil.

This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Information, opinions and analysis contained herein are based on sources deemed to be reliable and are subject to change without notice. A third party has hired and paid Century Capital Research one thousand two hundred and ninety five dollars for the publication and circulation of this news release. Accordingly, certain information included herein may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. However, no representation, expressed or implied, is made as to the accuracy, completeness or correctness. In light of the above, we accept no liability for any losses arising from an investor's reliance on or use of this report. We do not and have not had any ownership interest in said third party of any kind.



Century Capital Research

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: MARKETWIRE
Datum: 28.06.2012 - 12:00 Uhr
Sprache: Deutsch
News-ID 160871
Anzahl Zeichen: 0

contact information:
Town:

NEW YORK, NY

Kategorie:

Mining & Metals

Diese Pressemitteilung wurde bisher 233 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"South America Seeing an Explosion in Mining Activity"
steht unter der journalistisch-redaktionellen Verantwortung von

Century Capital Research (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Graphene Could Help Change Batteries as We Know Them ...

NEW YORK, NY -- (Marketwire) -- 12/28/12 -- General Electric Focus Forward is an unprecedented new series of 30 three-minute stories about innovative people who are reshaping the world through act or invention, directed by the world's most cele ...

Gold Could Continue to Rise in 2013 ...

NEW YORK, NY -- (Marketwire) -- 12/21/12 -- A December 5, 2012 article by CNBC titled Pros Slam Goldman Sachs' Bearish Call On Gold, outlines how many professional analysts are coming out against Goldman Sachs' cut on their gold outlook.Fo ...

Graphene Proves to Be a "Green" Alternative ...

NEW YORK, NY -- (Marketwire) -- 12/13/12 -- In an IEEE Spectrum article, graphene has been shown to be an effective rustproofing agent for both steel and copper. The research was conducted to find an environmentally friendly method compared to chrom ...

Alle Meldungen von Century Capital Research