<I missed the Lassonde criticism of MDG of specifically? I believe he was speaking of the gold mining industry in total.>
He did criticize the industry, but named two companies who are actually doing the best job replacing reserves:
"Our timing, I think, is propitious," Lassonde said from Toronto. "Goldcorp. (GG: news, chart, profile) and Meridian (MDG: news, chart, profile), lots of gold companies, need to replace their reserves - they need assets."
I have to get back to you on new gold mines, but there were at least three in Australia. Dominion Mining NL is going to be a producer again, along with a couple others. Give me a chance to look. |