Protesters are looking for disclosure on the destination and use of funds paid by foreign miners. We assume that this implies that a proportion of the funding is not feeding through to local projects.
More Quotes from John Meyer:
The company benefited from both increased copper production and buoyant metal prices. Production growth is continuing.John Meyer
Geopolitical and inflationary concerns have supported the continual flow of money into gold due to its status as a safe haven and diversifying asset class.
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Mason City Schools is in violation of the law for using taxpayers' money to oppose or support any bond issue or levy,
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Five-hundred dollars an ounce is still a great margin for gold producers, particularly in Russia. Rising cash costs around the world means that Russia stands out.
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Rising metal prices and continuing cash generation are helping mining stocks to rise. ... Equities have been lagging the latest upturn in commodity prices and this is starting to feed though.
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Oil market profits are being diverted into gold in some instances as oil traders look to bank profits in this area, preferring gold as a potentially more stable alternative investment.
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