Showing posts with label Gold Fields Ltd. Show all posts
Showing posts with label Gold Fields Ltd. Show all posts

Sunday, May 20, 2007

Lack of big find keeps gold price up - Gold Fields

(Reuters) - A failure to find the next mother lode was helping prop up gold bullion prices, the head of South Africa's Gold Fields Ltd., the world's fourth-largest gold miner, said on Monday.

"There is a lack of exploration expenditure and a lack of discovery of any significant size," the company's chief executive, Ian Cockerill told a conference in the Australian city of Perth.


Read more at Reuters Africa