Gold mine supply to increaseKitco News reported that gold-mine supply is set to increase in 2013, with a number of large-scale start ups likely, according to analysts. The precious metals news outlet quoted one analyst saying that gold-mine supply could increase 4.3 percent, from 80.5 million to 83.9 million ounces this year. New projects adding to supply include Rio Tinto's (LSE:RIO,NYSE:RIO,ASX:RIO) Oyu Tologi's copper-gold complex in Mongolia, Detour Gold's (TSX:DGC) Detour Lake project in Ontario, Canada, and the Pueblo Viejo mine in the Dominican Republic — a joint venture between Barrick Gold (NYSE:ABX,TSX:ABX) and Goldcorp (TSX:G,NYSE:GG).
Gold Slips Back After Fiscal Cliff Euphoria
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