McEwen Mining CEO: Crimea Vote Affects Gold Miners
Gold prices continue to move higher as investors flock to the yellow metal as a safe haven during the crisis in Ukraine. Higher prices could battle energy concerns for gold miners.
McEwen Mining CEO Rob McEwen tells TheStreet's Joe Deaux that Crimea's referendum to split from Ukraine is an event that affects the gold mining industry, primarily due to how this threatens the flow of energy in the region since Russian natural gas exports to Europe flow through pipelines through Ukraine. Gold prices, though, continue to move higher as investors flock to the yellow metal as a safe haven against crisis. Higher prices could battle energy concerns for the gold miners.
