News Story
Sector ripe for M&A as price hits records
Wednesday November 04, 2009 14:48:18 EST
The gold price rose to a new high of around $US1,090 an ounce on 4 November 2009, bolstering the share prices of Australian gold producers. The price of gold has risen by over 20 per cent in the year to date, prompting speculation of a new round of consolidation among gold miners. Newcrest shares closed $A1.07 higher at $A34.45, while Sino Gold rose $A0.34 to $A7.04.
Publication Date: 5 November 2009
NEWCREST MINING LIMITED - ASX NCM SINO GOLD MINING LIMITED - ASX SGX LIHIR GOLD LIMITED - ASX LGL ST BARBARA LIMITED - ASX SBM OCEANAGOLD CORPORATION - ASX OGC AVOCA RESOURCES LIMITED - ASX AVO H3 GLOBAL ADVISORS PTY LTD STANDARD AND POOR'S ASX 200 INDEX INTERNATIONAL MONETARY FUND AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD ELDORADO GOLD CORPORATION BARRICK GOLD CORPORATION NEWMONT MINING CORPORATION GOLD FIELDS LIMITED HARMONY GOLD MINING COMPANY LIMITED
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| Desc | Last | Change (%) |
| SIOGF | 7.25 | -0.25 (-3.33333%) |
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