Wednesday, March 3, 2010

Newcrest Mining (NCM:AX) Gains on Gold Prices Rising

Newcrest Mining

Gold prices continuing to rise are helping many gold mining companies, and that's the case with the largest producer of gold in Australia, Newcrest Mining (NCM:AX), which surged by 1.5 percent to A$33.43.

As currencies continue to remain under pressure with dubious economic data and sovereign-debt concerns remaining high, gold could be pushed a lot higher in the months ahead.

Newcrest Mining

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