10
March
Gold likely to benefit from inflation - Newmont CEO
10 March 2010 Mineweb
Gold will benefit from inflation as central banks around the world continue to use stimulus programs to spur economic recovery, the chief executive of the world's No. 2 gold producer Newmont Mining Corp (NEM.N) said on Monday.
"My view is that each country in the world, to some extent, has fueled the reigniting of its economy through issuance of additional currencies," CEO Richard O'Brien told the Reuters Global Mining and Steel Summit in New York.
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